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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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% |
Investment property for sale in Covington at 115 Plum Orchard Rd, Covington, GA, 30016 at $200,000 posts ROI 29.45% with $527/mo cash flow from $1,776/mo rent. Total monthly income equals $1,776/mo, and annual cash flow records $6,326/yr on $66,300 to close. Return on cash invested measures 29.45% and rental yield reads 10.66% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 154.13% and total cumulative return in cash totals $102,188.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,776/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1984
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,634 (100%) |
| Owner Occupied HU | 16,654 (73.6%) |
| Renter Occupied HU | 5,085 (22.5%) |
| Vacant Housing Units | 895 ( 4.0%) |
| Median Home Value | $242,135 |
| Average Home Value | $271,567 |
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listing removed | $334,900 |
| 2025-01-21 | Listed for sale | $334,900 |
| 2025-01-03 | Listing removed | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2037.31 | 29.31% | $84,000 | 39.17% |
| 2023-10-19 | $1575.57 | 27.35% | $60,360 | 47.36% |
| 2022-10-19 | $1237.22 | 11.79% | $40,960 | 17.16% |
Listed by: ROBERTO CORTEZ • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7155521
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