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1019 French St, New Iberia, LA, 70560

2beds
2baths
784sqft
$23,456
$30price/sqft
$312/moest. monthly cost
$12,480/yrincome needed

About This Home

Solid mobile home investment property bringing in $325 per month with long-term, happy tenants who would like to stay in place, offering immediate and stable cash flow for the next owner.This 2-bedroom, 2-bath home features a durable metal exterior, window AC units, and professional property management, making it an easy, low-maintenance investment that comfortably aligns with the 1% rule. The property also offers a large gravel driveway and a carport on the left side, currently being used for gym and storage space.Conveniently located with an easy commute to downtown New Iberia, this property combines affordability, tenant stability, and simple upkeep--making it a strong addition to any investment portfolio.

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
3/10
Anderson Middle SchoolGrades 7-80.8 mi
3/10
Westgate High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Resale

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer,Gas Stove Con
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Solid Surface Counters
  • Window features: Window Treatments,Aluminum Frames
  • Flooring: Vinyl Tile

Heating & Cooling

  • Heating features: Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 784 sqft

Property

Details

  • Parcel number: 0500849500
  • Zoning: RES

Features

  • Stories: 1
  • Exterior features: Lighting

Lot

  • Lot size: 6,969 sqft
  • Features: 0 to 0.5 Acres,Level
  • Lot size dimensions: 50 x 125

Parking

  • Total spaces: 1
  • Parking features: Open
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Tornado
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $118$1,416
Home Insurance *$40$480
Property Taxes $7$84
Electricity $147$1,773
Total$312$3,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$10,697/yr
40% on housing$9,360/yr
45% on housing$8,320/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$30This listing

vs Other Active Listings

Avg $/sqft

ZIP 70560$63
Iberia Parish$78

vs Homes Sold Last Month

Median $/sqft

ZIP 70560$105
Iberia Parish$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-19Listed for sale$23,456

For Sale by Agent

AgentTyler Albrecht
BrokerageKeaty Real Estate Team

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