120 N Bear Creek RdAshevilleNC28806
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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 120 N Bear Creek Rd, Asheville, NC, 28806 earns $889/mo cash flow from $2,412/mo rent with a $1,223/mo payment. Total monthly income totals $2,412/mo, and annual cash flow totals $10,669/yr on $82,842 capital. ROI tracks 32.79% on current figures, and rental yield reads 11.58% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 171.83% and total cumulative return in cash sums $142,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,412/mo property income instead of your personal income.
Single Family
Built in 1998
0.40 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: Virgilio Blasco • ENRG Global Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327600