218 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 218 Dreamers Ln, Asheville, NC, 28805 with 5% annual appreciation on a $112,900 basis while $907/mo rent supports operations. Total monthly income totals $907/mo and a $553/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,622/yr on $37,426 deployed, and return on cash invested reaches 26.92% in year one. Equity gained on principal adds $729/yr, and five-year appreciation sums $31,192 alongside rental yield of 9.64%. Five-year ROI measures 140.4% and total cumulative return in cash totals $52,546.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $907/mo property income versus a $553/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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