424 Deaverview RdAshevilleNC28806
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 424 Deaverview Rd, Asheville, NC, 28806 at $257,900 posts ROI 30.09% with $726/mo cash flow from $2,297/mo rent. Total monthly income equals $2,297/mo, and annual cash flow records $8,706/yr on $85,494 to close. Return on cash invested measures 30.09% and rental yield reads 10.69% at the current $257,900. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,253 by year five. Five-year ROI prints 157.35% and total cumulative return in cash totals $134,526.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,297/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1931
0.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Whitt • Jenny Whitt Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304138