55 S Market St APT 312AshevilleNC28801
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 55 S Market St APT 312, Asheville, NC, 28801 earns from $2,323/mo rent with a $2,325/mo payment. Total monthly income totals $2,323/mo. ROI tracks 15.55% on current figures, and rental yield reads 5.87% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 79.33% and total cumulative return in cash sums $124,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,323/mo property income instead of your personal income.
Condo
Built in 2019
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Binford Jennings • Allen Tate/Beverly-Hanks Asheville-Downtown
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285668