1 & 3 Freeport LnAshevilleNC28806
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Asheville at 1 & 3 Freeport Ln, Asheville, NC, 28806 at $490,000 posts ROI 15.14% with from $2,340/mo rent. Total monthly income equals $2,340/mo. Return on cash invested measures 15.14% and rental yield reads 5.73% at the current $490,000. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 by year five. Five-year ROI prints 77.11% and total cumulative return in cash totals $125,256. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2025
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28806, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,280 (100%) |
| Owner Occupied HU | 11,502 (51.6%) |
| Renter Occupied HU | 8,788 (39.4%) |
| Vacant Housing Units | 1,990 ( 8.9%) |
| Median Home Value | $394,834 |
| Average Home Value | $433,150 |
Housing Distribution
Address Breakdown
Residential
21,442
Single Family
20,600
Multi-Family
842
Businesses
1,507
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Listed by: Barry Bialik • Dirt & Sticks, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318398