113 Covington DrBall GroundGA30107
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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 Ball Ground at 113 Covington Dr, Ball Ground, GA, 30107 at $414,900 posts ROI 22.13% with $255/mo cash flow from $2,780/mo rent. Total monthly income equals $2,780/mo, and annual cash flow records $3,055/yr on $137,539 to close. Return on cash invested measures 22.13% and rental yield reads 8.04% at the current $414,900. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 by year five. Five-year ROI prints 114.62% and total cumulative return in cash totals $157,646.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30107, Ball Ground, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 6,341 (86.5%) |
| Renter Occupied HU | 718 ( 9.8%) |
| Vacant Housing Units | 274 ( 3.7%) |
| Median Home Value | $507,213 |
| Average Home Value | $548,373 |
Housing Distribution
Address Breakdown
Residential
7,049
Single Family
6,989
Multi-Family
60
Businesses
394
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Listed by: HEIDI WENTZ • Harry Norman Realtors
Mls Name: FMLS GA
Mls ID: #7693816