29 Toad DrAshevilleNC28806
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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
Rental property for sale in Asheville at 29 Toad Dr, Asheville, NC, 28806 priced at $409,900 converts $3,142/mo rent into $644/mo cash flow after a $2,006/mo obligation. Total monthly income equals $3,142/mo, and annual cash flow totals $7,729/yr on $135,882 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.2% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 133.26% and total cumulative return in cash sums $181,072. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,142/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28806, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,280 (100%) |
| Owner Occupied HU | 11,502 (51.6%) |
| Renter Occupied HU | 8,788 (39.4%) |
| Vacant Housing Units | 1,990 ( 8.9%) |
| Median Home Value | $394,834 |
| Average Home Value | $433,150 |
Housing Distribution
Address Breakdown
Residential
21,442
Single Family
20,600
Multi-Family
842
Businesses
1,507
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Listed by: Bob Sinners • Berkshire Hathaway HomeServices Lifestyle Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4289081