The Willow Plan, The Springs of North AshevilleAshevilleNC28804
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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 The Willow Plan, The Springs of North Asheville, Asheville, NC, 28804 with 5% annual appreciation on a $524,900 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $2,569/mo payment preserves $558/mo for cash returns. Annual cash flow comes to $6,697/yr on $172,692 deployed, and return on cash invested reaches 23.94% in year one. Equity gained on principal adds $3,387/yr, and five-year appreciation sums $145,020 alongside rental yield of 8.78%. Five-year ROI measures 124.52% and total cumulative return in cash totals $215,029.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $2,569/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2026
N/A lot
$N/A/sqft
$83 monthly 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 • Madison-Simmons Homes & Communities
Mls Name: Madison-Simmons Homes & Communities
Mls ID: #N/A