6 Wisteria CtAshevilleNC28806
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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
Rental property for sale in Asheville at 6 Wisteria Ct, Asheville, NC, 28806 priced at $195,000 pairs $1,480/mo rent with $292/mo cash flow after a $954/mo payment. Total monthly income equals $1,480/mo, and annual cash flow comes to $3,504/yr on $64,643 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 9.11% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 131.76% and total cumulative return in cash reaches $85,174. For financing, Ziffy Mortgage’s DSCR program evaluates $1,480/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
0.31 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
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Listed by: Vanessa Byrd • Mosaic Community Lifestyle Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315611