815 W Pointe DrAshevilleNC28806
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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 815 W Pointe Dr, Asheville, NC, 28806 listed at $350,000 pairs $2,281/mo rent with a $1,713/mo payment to leave $148/mo cash flow. Total monthly income runs $2,281/mo, and annual cash flow reaches $1,776/yr on $116,025 cash to close. Return on cash invested measures 21.44% in year one, and rental yield registers 7.82% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 110.91% and total cumulative return in cash totals $128,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,281/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
0.06 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: Stephanie Swanger • Asheville Real Estate Service
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326829