206 Dreamers LnAshevilleNC28805
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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 206 Dreamers Ln, Asheville, NC, 28805 uses $39,780 cash to close to unlock $2,652/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $952/mo, and a $587/mo payment keeps the spread at $221/mo. Purchase price stands at $120,000, and rental yield measures 9.52% with $952/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 138.42% and total cumulative return in cash records $55,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $952/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A 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: N/A • MyMHcommunity
Mls Name: ELS
Mls Provider:
Mls ID: #N/A