22 E Shore DrAshevilleNC28805
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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
Total monthly income runs $3,377/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 7.05% with $3,377/mo rent. Return on cash invested shows 19.25% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 99.16% and total cumulative return in cash records $187,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,377/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.28 Acres 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: Tammy Todd • NextHome AVL Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309138