11 Creasman PlAshevilleNC28806
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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 11 Creasman Pl, Asheville, NC, 28806 listed at $483,800 pairs $3,475/mo rent with a $2,368/mo payment to leave $526/mo cash flow. Total monthly income runs $3,475/mo, and annual cash flow reaches $6,317/yr on $160,380 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 8.62% at a $483,800 basis. Equity gained on principal adds $3,122/yr, and annual property appreciation at 5% supports $133,665 by year five. Five-year ROI tracks 123.86% and total cumulative return in cash totals $198,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,475/mo property income relative to a $2,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.54 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: N/A • N/A
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