39 Vine StAshevilleNC28804
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 39 Vine St, Asheville, NC, 28804 at $305,000 posts ROI 22.35% with $206/mo cash flow from $2,065/mo rent. Total monthly income equals $2,065/mo, and annual cash flow records $2,472/yr on $101,108 to close. Return on cash invested measures 22.35% and rental yield reads 8.12% at the current $305,000. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 by year five. Five-year ROI prints 115.82% and total cumulative return in cash totals $117,106.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,065/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.43 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
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Listed by: Catherine Peterson • Blue Ridge Properties Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285298