11 Pinewood RdAshevilleNC28805
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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 11 Pinewood Rd, Asheville, NC, 28805 priced at $299,900 pairs $2,003/mo rent with $175/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,003/mo, and annual cash flow comes to $2,101/yr on $99,417 invested. Return on cash invested is 22.02% in year one, and rental yield stands at 8.01% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 114.09% and total cumulative return in cash reaches $113,428. For financing, Ziffy Mortgage’s DSCR program evaluates $2,003/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.04 Acres 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: Jessica VanDyke Grion • Looking Glass Realty AVL LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285449