For SaleRisky Deal0 days on market
118 W Lawrence St
118 W Lawrence St, New Iberia, LA 70563, New Iberia, LA 70563
$265,000
Estimate®:$260,800
Listing Price
118 W Lawrence St, New Iberia, LA 70563
Loc: New Iberia, LA
Days Listed
0
Tax Assessed
$238k
Estimate®
$261k
Market Rate
Lot Size
0.26 acres
Rent Estimate
$1,868/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
North Lewis Elementary School
PK-6
1.2 mi away
6
Belle Place Middle School
7-8
3.4 mi away
7
New Iberia Senior High School
9-12
2.2 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
cape cod styledormer windowssymmetrical facadehorizontal lap sidingred front doorpitched roofconcrete walkwaylarge front yardresidentialsuburbanasphalt shingle roofshuttered windowsclassic architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.34%
Total ROI
74.9%
Cash Flow
$-196/mo
DSCR
0.86
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-196/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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $265,000 | $84 |
| 2021-03-24 | Listing removed | $0 | – |
| 2017-03-07 | Listing removed | $1,375 | – |
| 2017-02-28 | Price change | $1,375 | – |
| 2017-02-11 | Price change | $1,475 | – |
| 2017-01-29 | Listed for rent | $1,500 | – |
| 2009-12-07 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,602.51 | $23,847 |
| 2024 | $1,571.51 | $23,847 |
| 2023 | $1,405.14 | $20,679 |
| 2022 | $1,379.92 | $20,679 |
| 2021 | $1,380.74 | $20,679 |
| 2020 | $1,380.74 | $20,679 |
| 2019 | $1,323.46 | $20,679 |
| 2017 | $1,380.74 | $20,679 |
| 2016 | $1,322.2 | $24,711 |
| 2014 | $2,118.48 | $24,711 |
| 2010 | $2,195.56 | $25,688 |
| 2006 | $566.2 | $11,600 |
| 2003 | $287.58 | $11,600 |
| 2002 | $287.13 | $11,600 |
| 2001 | $812.35 | $11,600 |
| 2000 | $833.59 | $11,600 |
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