Written by: Ashley Durmo
Introduction
Asheville, North Carolina, is known for its vibrant arts scene, stunning mountain views, and proximity to the Blue Ridge Parkway. This makes it an attractive destination for tourists and a lucrative market for short-term rental investors. Below are the top-performing ZIP codes in Asheville based on gross yield, annual revenue, and property values.
28801 – Heart of Downtown Asheville
- Gross Yield: 7%
- Annual Revenue: $39,817
- Zillow Home Value: $575.6K
ZIP code 28801 includes downtown Asheville, a hub of activity with a mix of eclectic restaurants, breweries, and boutique shops. The gross yield of 7% and an annual revenue of $39,817 make this one of the most profitable areas for short-term rentals in Asheville. The higher Zillow home value of $575.6K reflects the premium cost of owning property in this bustling urban core. It’s an ideal investment for those targeting travelers seeking convenience and proximity to Asheville’s cultural landmarks.
28805 – East Asheville’s Tranquility
- Gross Yield: 6%
- Annual Revenue: $29,356
- Zillow Home Value: $469.2K
East Asheville, covered by ZIP code 28805, offers a quieter, residential feel while still being close to downtown and outdoor attractions like the Blue Ridge Parkway. With a gross yield of 6% and annual revenue of $29,356, this area provides steady returns. Homes in this area are priced moderately, with a Zillow home value of $469.2K, making it a great choice for investors looking for a balance between cost and profitability.
28803 – South Asheville’s Growing Market
- Gross Yield: 6%
- Annual Revenue: $28,526
- Zillow Home Value: $463.2K
South Asheville is known for its family-friendly neighborhoods and access to top amenities like the Biltmore Estate and the popular Biltmore Park. Investors here can expect a gross yield of 6% and an annual revenue of $28,526. With a Zillow home value of $463.2K, this area is attractive for buyers seeking steady growth and a mix of short-term and long-term rental opportunities.
