115 Oakland RdAshevilleNC28801
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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 115 Oakland Rd, Asheville, NC, 28801 at $650,000 posts ROI 17.26% with from $3,462/mo rent. Total monthly income equals $3,462/mo. Return on cash invested measures 17.26% and rental yield reads 6.39% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 88.47% and total cumulative return in cash totals $189,194. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28801, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,369 (100%) |
| Owner Occupied HU | 2,578 (27.5%) |
| Renter Occupied HU | 5,188 (55.4%) |
| Vacant Housing Units | 1,603 (17.1%) |
| Median Home Value | $577,830 |
| Average Home Value | $700,325 |
Housing Distribution
Address Breakdown
Residential
8,331
Single Family
6,376
Multi-Family
1,955
Businesses
2,061
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Listed by: Toni Ewing • Asheville Crafted Real Estate, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297042