102 Abbey CirAshevilleNC28805
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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 102 Abbey Cir, Asheville, NC, 28805 priced at $277,000 pairs $1,625/mo rent with after a $1,356/mo payment. Total monthly income equals $1,625/mo. Return on cash invested is 19.08% in year one, and rental yield stands at 7.04% on a $277,000 basis. Equity gained on principal adds $1,787/yr, and 5% annual appreciation accumulates to $76,530 by year five. Five-year ROI measures 98.3% and total cumulative return in cash reaches $90,267. For financing, Ziffy Mortgage’s DSCR program evaluates $1,625/mo property income against a $1,356/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28805, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,780 (100%) |
| Owner Occupied HU | 5,788 (53.7%) |
| Renter Occupied HU | 4,027 (37.4%) |
| Vacant Housing Units | 965 ( 9.0%) |
| Median Home Value | $447,936 |
| Average Home Value | $524,841 |
Housing Distribution
Address Breakdown
Residential
9,830
Single Family
8,176
Multi-Family
1,654
Businesses
544
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Listed by: Amanda Hill • RE/MAX Results
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328206