13598 E Whitman Ln E,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 13598 E Whitman Ln E, Covington, GA, 30014 offers a 9.09% rental yield on a $414,465 purchase with $3,140/mo rent. Total monthly income registers $3,140/mo, and a $2,029/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,405/yr on $137,395 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $2,674/yr while 5% annual appreciation supports $114,509 over five years. Portfolio math shows five-year ROI at 131.64% and total cumulative return in cash at $180,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,140/mo property income against a $2,029/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.