115 Alcovy Cir,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 115 Alcovy Cir, Covington, GA, 30014 generates $2,194/mo in rent and, after a $1,591/mo payment, leaves $216/mo in cash flow. Total monthly income is $2,194/mo, and annual cash flow is $2,589/yr on $107,738 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 8.1% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 115.6% and total cumulative return in cash sums $124,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,194/mo property income rather than buyer’s personal income.