Penwell Plan, Rydele HeightsAshevilleNC28804
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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
Rental property for sale in Asheville at Penwell Plan, Rydele Heights, Asheville, NC, 28804 offers $3,474/mo rent that, after a $2,217/mo payment, leaves $713/mo cash flow. Total monthly income is $3,474/mo, and annual cash flow is $8,561/yr on $150,166 cash. Return on cash invested measures 25.61% in year one, and rental yield stands at 9.2% at a $452,990 entry. Equity gained on principal adds $2,923/yr while 5% annual appreciation compounds into $125,153 by year five. Five-year ROI records 133.3% and total cumulative return in cash reaches $200,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,474/mo property income versus a $2,217/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A