39 Ferncliff DrAshevilleNC28805
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
Rental property for sale in Asheville at 39 Ferncliff Dr, Asheville, NC, 28805 generates $2,954/mo in rent, after a $2,619/mo payment. Total monthly income is $2,954/mo. Return on cash invested sits at 17.97% in year one, and rental yield is 6.63% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 92.26% and total cumulative return in cash sums $162,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,954/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.58 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanna Gunning • Fathom Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4260876