9 W Street ExtAsheville CityNC28801
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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 City at 9 W Street Ext, Asheville City, NC, 28801 projects strong ROI of 2.98%. Rental yield 1.68%. With 5% annual appreciation, the property builds $552,563 in value over five years. Equity growth combined delivers a projected five-year ROI of 11.8%, translating into $76,495 in total cumulative return on $648,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1920
1 Acres 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
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Listed by: Marie Morris • Allen Tate/Beverly-Hanks Asheville-Downtown
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4299248