61 Huffman RdAshevilleNC28806
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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
Investment property for sale in Asheville at 61 Huffman Rd, Asheville, NC, 28806 with 5% annual appreciation on a $289,000 basis while $1,926/mo rent supports operations. Total monthly income totals $1,926/mo and a $1,415/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,970/yr on $95,804 deployed, and return on cash invested reaches 21.97% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 8%. Five-year ROI measures 113.77% and total cumulative return in cash totals $108,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,926/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.33 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: Chase Brugh • Mountains to Sea Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336778