16 Beechwood 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
Investment property for sale in Asheville at 16 Beechwood Rd, Asheville, NC, 28805 offers a 7.33% rental yield on a $692,000 purchase with $4,229/mo rent. Total monthly income registers $4,229/mo, and a $3,387/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $139/yr on $227,668 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $4,465/yr while 5% annual appreciation supports $191,187 over five years. Portfolio math shows five-year ROI at 103.82% and total cumulative return in cash at $236,376. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,229/mo property income against a $3,387/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.30 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: Susan Young • Sterling Real Estate Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4294590