66 Walnut Springs DrAshevilleNC28804
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 66 Walnut Springs Dr, Asheville, NC, 28804 with 5% annual appreciation on a $439,000 basis while $2,400/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 6.56%. Five-year ROI measures 90.54% and total cumulative return in cash totals $131,768. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28804, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,415 (100%) |
| Owner Occupied HU | 6,688 (58.6%) |
| Renter Occupied HU | 3,379 (29.6%) |
| Vacant Housing Units | 1,348 (11.8%) |
| Median Home Value | $608,627 |
| Average Home Value | $704,017 |
Housing Distribution
Address Breakdown
Residential
11,340
Single Family
10,728
Multi-Family
612
Businesses
633
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hadley Goodman Cropp • Asheville Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295362