100 Ballantree DrAshevilleNC28803
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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
Rental property for sale in Asheville at 100 Ballantree Dr, Asheville, NC, 28803 generates $5,050/mo in rent, after a $4,111/mo payment. Total monthly income is $5,050/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 7.22% on a $839,900 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 101.9% and total cumulative return in cash sums $281,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28803, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,900 (100%) |
| Owner Occupied HU | 8,350 (46.6%) |
| Renter Occupied HU | 7,852 (43.9%) |
| Vacant Housing Units | 1,698 ( 9.5%) |
| Median Home Value | $480,942 |
| Average Home Value | $633,652 |
Housing Distribution
Address Breakdown
Residential
18,093
Single Family
13,492
Multi-Family
4,601
Businesses
1,440
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Listed by: Rachel Toms • Keller Williams - Weaverville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4277967