For SaleRisky Deal35 days on market
2007 Sugar Palm Dr
2007 Sugar Palm Dr, New Iberia, LA 70563, New Iberia, LA 70563
$260,000
Estimate®:$256,100
Listing Price
2007 Sugar Palm Dr, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
35
Tax Assessed
$212k
Estimate®
$256k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$1,809/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Belle Place Elementary School
PK-6
2.1 mi away
6
Belle Place Middle School
7-8
2.1 mi away
7
New Iberia Senior High School
9-12
1.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storybrick exteriorgabled roofcourtyard entrancewrought iron gateshutterslandscaped lawnspacious front yardresidentialsuburbantraditionalsymmetrical design
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.29%
Total ROI
73.8%
Cash Flow
$-203/mo
DSCR
0.85
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-203/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in New Iberia, LA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-20 | Listed for sale | $260,000 | $133 |
| 2019-09-09 | Listing removed | $1,500 | $1 |
| 2019-07-22 | Price change | $1,500 | $1 |
| 2019-07-07 | Listed for rent | $1,600 | $1 |
| 2017-12-10 | Listing removed | $1,400 | $1 |
| 2017-11-10 | Listed for rent | $1,400 | $1 |
| 2017-05-09 | Listing removed | $1,400 | $1 |
| 2017-04-24 | Price change | $1,400 | $1 |
| 2017-04-06 | Listed for rent | $1,500 | $1 |
| 2017-02-17 | Listing removed | $179,900 | $92 |
| 2016-10-21 | Listed for sale | $179,900 | $92 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $922.99 | $21,235 |
| 2024 | $905.13 | $21,235 |
| 2023 | $731.28 | $18,262 |
| 2022 | $718.15 | $18,262 |
| 2021 | $718.58 | $18,262 |
| 2020 | $718.58 | $18,262 |
| 2019 | $629.76 | $17,340 |
| 2017 | $718.58 | $17,340 |
| 2016 | $629.16 | $17,340 |
| 2014 | $1,462.03 | $17,054 |
| 2010 | $1,994.79 | $23,339 |
| 2006 | $1,227.48 | $18,585 |
| 2003 | $610.21 | $16,200 |
| 2002 | $609.27 | $16,200 |
| 2001 | $1,134.5 | $16,200 |
| 2000 | $1,164.14 | $16,200 |
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