11610 Highway 142CovingtonGA30014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Covington at 11610 Highway 142, Covington, GA, 30014 generates $3,204/mo in rent and, after a $1,713/mo payment, leaves $1,074/mo in cash flow. Total monthly income is $3,204/mo, and annual cash flow is $12,887/yr on $116,025 invested. Return on cash invested sits at 31.02% in year one, and rental yield is 10.99% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 162.26% and total cumulative return in cash sums $188,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.92 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROBERTO CORTEZ • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7471405
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2025 First Multiple Listing Service, Inc. [Click here for more information](/mls-disclaimers/#30)