



Nearby investment properties with comparable rents
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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 447 Creekside Dr, Asheville, NC, 28804 offers $2,900/mo rent that, after a $2,188/mo payment, leaves $176/mo cash flow. Total monthly income is $2,900/mo, and annual cash flow is $2,107/yr on $148,181 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 7.79% at a $447,000 entry. Equity gained on principal adds $2,884/yr while 5% annual appreciation compounds into $123,498 by year five. Five-year ROI records 110.35% and total cumulative return in cash reaches $163,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,900/mo property income versus a $2,188/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.36 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1984
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage, Garage on Main Level
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 0.36 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ann Roth • Nest Realty Asheville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307435