201 Cedarview DrAshevilleNC28803
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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 201 Cedarview Dr, Asheville, NC, 28803 listed at $599,000 pairs $3,049/mo rent with a $2,932/mo payment. Total monthly income runs $3,049/mo. Return on cash invested measures 16.4% in year one, and rental yield registers 6.11% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 83.86% and total cumulative return in cash totals $165,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,049/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28803, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,900 (100%) |
| Owner Occupied HU | 8,350 (46.6%) |
| Renter Occupied HU | 7,852 (43.9%) |
| Vacant Housing Units | 1,698 ( 9.5%) |
| Median Home Value | $480,942 |
| Average Home Value | $633,652 |
Housing Distribution
Address Breakdown
Residential
18,093
Single Family
13,492
Multi-Family
4,601
Businesses
1,440
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Listed by: Troy Flack • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315689