19 S French Broad AveAshevilleNC28801
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 19 S French Broad Ave, Asheville, NC, 28801 with 5% annual appreciation on a $395,000 basis while $3,528/mo rent supports operations. Total monthly income totals $3,528/mo and a $1,933/mo payment preserves $1,121/mo for cash returns. Annual cash flow comes to $13,452/yr on $130,943 deployed, and return on cash invested reaches 30.18% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 10.72%. Five-year ROI measures 157.79% and total cumulative return in cash totals $206,610.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,528/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1905
0.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hadley Goodman Cropp • Asheville Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314963