19 R Morton LnAshevilleNC28806
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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 19 R Morton Ln, Asheville, NC, 28806 listed at $360,000 pairs $2,701/mo rent with a $1,762/mo payment to leave $507/mo cash flow. Total monthly income runs $2,701/mo, and annual cash flow reaches $6,084/yr on $119,340 cash to close. Return on cash invested measures 25.01% in year one, and rental yield registers 9% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 130.04% and total cumulative return in cash totals $155,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,701/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
1.55 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: MacKenzie Helsabeck • Keller Williams Unified
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327467