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4701 Eraste Hebert Rd, New Iberia, LA, 70560

--beds
--baths
7,824sqft
$240,000
$31price/sqft
$2,286/moest. monthly cost
$91,440/yrincome needed

About This Home

Established 16-lot mobile home park situated on approximately 3.15 acres, offering strong in-place income with additional upside potential. Each lot measures 16x80 and features mature trees and individual yard space, creating an attractive setting for residents. The property benefits from convenient dual access via Highway 14 and Valery Rd, providing excellent visibility and ease of entry. Seven mobile homes convey with the sale, including four tenant-occupied units with long-term tenants already in place. One additional tenant-owned home along with the potential for two more tenant-owned homes will generate additional lot rental income. Six vacant lots are ready for placement of mobile homes, offering immediate expansion and value-add opportunity. Priced at appraised value, this property presents a compelling investment opportunity with stable cash flow and room for growth. Detailed property information sheet available upon request.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

3/10
Anderson Middle SchoolGrades 7-83.9 mi
3/10
Westgate High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Resale

Materials

  • Foundation: Other
  • Roof: Metal,Other
  • Construction materials: Other,Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Washer,Electric Cooktop,Washer/Dryer Some
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Features

  • Walk-In Closet(s),Ceiling Fan(s)
  • Flooring: Carpet,Vinyl,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 7,824
  • Total interior livable area: 7,824 sqft

Property

Accessibility

  • Accessibility features: Exterior Handicapped Access

Details

  • Parcel number: 0100967000
  • Other equipment: Individual Meter

Features

  • Patio & porch: Patio,Porch
  • Exterior features: Lighting
  • Fencing: Other,Partial

Lot

  • Lot size: 3.15 Acres
  • Features: Level
  • Lot size dimensions: 358.4 x 381.6

Parking

  • Total spaces: 16
  • Parking features: Varies by Unit

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

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Inland Flooding
Tornado
Drought
Heat Wave
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 $1,213$14,556
Home Insurance *$410$4,920
Property Taxes $72$864
Electricity $591$7,098
Total$2,286$27,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,377/yr
40% on housing$68,580/yr
45% on housing$60,960/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

$31This 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
2026-05-06Price change$250,000
2026-03-18Price change$289,000
2026-02-19Listed for sale$301,000
1991-01-01Sold--

For Sale by Agent

AgentAndree Schlicher
BrokerageMcGeeScott Realty

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