115 Rivercrest Ln, Covington, GA, 30016 | $612/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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115 Rivercrest Ln, Covington, GA, 30016 | $612/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Covington at 115 Rivercrest Ln, Covington, GA, 30016 with 5% annual appreciation on a $300,000 basis while $2,437/mo rent supports operations. Total monthly income totals $2,437/mo and a $1,468/mo payment preserves $612/mo for cash returns. Annual cash flow comes to $7,338/yr on $99,450 deployed, and return on cash invested reaches 27.29% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.75%. Five-year ROI measures 142.3% and total cumulative return in cash totals $141,516.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,437/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2006

0.65 Acres lot

$N/A/sqft

No HOA

More details about the property

Bold, beautiful, and built to impress. This two-story traditional delivers serious wow-factor with three bedrooms and two full baths on the main level, a sun-soaked living room with a fireplace, and a separate dining room that stuns with a modern chandelier and open, entertainer-friendly flow. The eat-in kitchen brings the heat with stainless steel electric appliances, sleek tile backsplash, recessed lighting, and a breakfast bar made for hosting. The Owners Suite is next-levelcomplete with a sitting area, tray ceiling, oversized walk-in closet, and spa-worthy bath featuring a soaking tub, dual vanities, and separate shower. Downstairs is the ultimate bonus: a full in-law suite with its own living room, tray ceiling, daylight, and private exterior entryperfect for guests, extended living, or extra income potential. Finish it off with a brand-new deck, natural light throughout, and a layout that commands attention. This home doesnt whisper it makes a statement. Call your agent today before someone else claims it.

Neighborhood Data

Neighborhood data shown for ZIP Code: 30016, Covington, GA area.

Housing Distribution

Housing Statistics

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