Asheville Plan, Scenic CommunityAshevilleNC28805
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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 Asheville Plan, Scenic Community, Asheville, NC, 28805 offers a 9.45% rental yield on a $155,000 purchase with $1,221/mo rent. Total monthly income registers $1,221/mo, and a $759/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,312/yr on $51,383 to close, and return on cash invested stands at 26.35% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 137.28% and total cumulative return in cash at $70,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,221/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28805, Asheville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,780 (100%) |
| Owner Occupied HU | 5,788 (53.7%) |
| Renter Occupied HU | 4,027 (37.4%) |
| Vacant Housing Units | 965 ( 9.0%) |
| Median Home Value | $447,936 |
| Average Home Value | $524,841 |
Housing Distribution
Address Breakdown
Residential
9,830
Single Family
8,176
Multi-Family
1,654
Businesses
544
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Listed by: N/A • MyMHcommunity
Mls Name: ELS
Mls Provider:
Mls ID: #N/A