45 Olive StAshevilleNC28801
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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
Total monthly income runs $2,017/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 6.73% with $2,017/mo rent. Return on cash invested shows 18.13% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 93.22% and total cumulative return in cash records $111,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1927
0.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28801, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,369 (100%) |
| Owner Occupied HU | 2,578 (27.5%) |
| Renter Occupied HU | 5,188 (55.4%) |
| Vacant Housing Units | 1,603 (17.1%) |
| Median Home Value | $577,830 |
| Average Home Value | $700,325 |
Housing Distribution
Address Breakdown
Residential
8,331
Single Family
6,376
Multi-Family
1,955
Businesses
2,061
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Listed by: Bob Gardner • Howard Hanna Beverly-Hanks Asheville-Downtown
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4341545