13 Covington RdAvondale EstGA30002
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
Investment property for sale in Avondale Est at 13 Covington Rd, Avondale Est, GA, 30002 earns $174/mo cash flow from $4,964/mo rent with a $3,852/mo payment. Total monthly income totals $4,964/mo, and annual cash flow totals $2,090/yr on $258,923 capital. ROI tracks 20.87% on current figures, and rental yield reads 7.57% at a $787,000 purchase. Equity gained on principal adds $5,078/yr, and 5% annual appreciation supports $217,434 over five years. Five-year ROI reaches 107.83% and total cumulative return in cash sums $279,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,964/mo property income instead of your personal income.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,715 (100%) |
| Owner Occupied HU | 1,629 (60.0%) |
| Renter Occupied HU | 945 (34.8%) |
| Vacant Housing Units | 141 ( 5.2%) |
| Median Home Value | $549,705 |
| Average Home Value | $560,537 |
Housing Distribution
Address Breakdown
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
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Listed by: Kelechim Diorgu • HomeSmart
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7418349
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