185 Macon Ave #10BAshevilleNC28804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 185 Macon Ave #10B, Asheville, NC, 28804 earns from $2,394/mo rent with a $5,849/mo payment. Total monthly income totals $2,394/mo. ROI tracks 5.22% on current figures, and rental yield reads 2.4% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 23.83% and total cumulative return in cash sums $92,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28804, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,415 (100%) |
| Owner Occupied HU | 6,688 (58.6%) |
| Renter Occupied HU | 3,379 (29.6%) |
| Vacant Housing Units | 1,348 (11.8%) |
| Median Home Value | $608,627 |
| Average Home Value | $704,017 |
Housing Distribution
Address Breakdown
Residential
11,340
Single Family
10,728
Multi-Family
612
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Cassidy • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333016