Off MarketExcellent Deal0 days on market
5711 Derouen Rd
5711 Derouen Rd, New Iberia, LA 70560, New Iberia, LA 70560
$49,250
Listing Price
5711 Derouen Rd, New Iberia, LA 70560
Loc: New Iberia, LA
Days Listed
0
Tax Assessed
$64k
Lot Size
0.57 acres
Rent Estimate
$958/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
Center Street Elementary School
PK-6
4.1 mi away
4
Iberia Middle School
7-8
3.6 mi away
7
New Iberia Senior High School
9-12
5.2 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
cottageraised foundationlarge yardrural settingmature treeshaded lotwood sidingpier and beamspacious groundssuburbancypress kneesmodestflat terrain
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
13.61%
Total ROI
254.6%
Cash Flow
$303/mo
DSCR
2.19
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $303/mo net cash flow with a 13.6% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (13.6%)
- • Strong rental demand in New Iberia
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 |
|---|---|---|---|
| 2026-03-24 | Listing removed | $99,900 | $78 |
| 2025-12-18 | Listed for sale | $99,900 | $78 |
| 2019-09-20 | Sold | $0 | – |
| 2019-08-02 | Pending sale | $49,500 | $38 |
| 2019-07-23 | Price change | $49,500 | $38 |
| 2019-06-14 | Price change | $55,000 | $43 |
| 2019-05-04 | Price change | $62,000 | $48 |
| 2019-04-28 | Listed for sale | $70,000 | $54 |
| 2019-01-30 | Listing removed | $90,000 | $70 |
| 2018-12-05 | Pending sale | $90,000 | $70 |
| 2018-09-05 | Listed for sale | $90,000 | $70 |
| 1997-11-10 | Sold | $0 | – |
| 1993-01-01 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $6,388 |
| 2024 | $0 | $6,388 |
| 2023 | $0 | $5,619 |
| 2022 | $0 | $5,619 |
| 2021 | $0 | $5,619 |
| 2020 | $0 | $5,619 |
| 2019 | $427.54 | $5,396 |
| 2017 | $529.4 | $6,869 |
| 2016 | $517.99 | $6,869 |
| 2014 | $509.76 | $6,695 |
| 2010 | $531.8 | $6,968 |
| 2006 | $0 | $4,500 |
| 2003 | $0 | $4,500 |
| 2002 | $0 | $4,500 |
| 2001 | $357.89 | $4,500 |
| 2000 | $366.35 | $4,500 |
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