30 W Skyland CirAshevilleNC28804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 30 W Skyland Cir, Asheville, NC, 28804 with 5% annual appreciation on a $375,000 basis while $2,660/mo rent supports operations. Total monthly income totals $2,660/mo and a $1,835/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,500/yr on $124,313 deployed, and return on cash invested reaches 23.53% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 8.51%. Five-year ROI measures 122.1% and total cumulative return in cash totals $151,791.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,660/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28804, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,415 (100%) |
| Owner Occupied HU | 6,688 (58.6%) |
| Renter Occupied HU | 3,379 (29.6%) |
| Vacant Housing Units | 1,348 (11.8%) |
| Median Home Value | $608,627 |
| Average Home Value | $704,017 |
Housing Distribution
Address Breakdown
Residential
11,340
Single Family
10,728
Multi-Family
612
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh DeHart • Godfrey Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295871