13628 Whitman Ln SE,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 13628 Whitman Ln SE, Covington, GA, 30014 offers a 7.56% rental yield on a $395,295 purchase with $2,492/mo rent. Total monthly income registers $2,492/mo, and a $1,935/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,031/yr on $131,040 to close, and return on cash invested stands at 20.7% in year one. Equity gained on principal adds $2,551/yr while 5% annual appreciation supports $109,213 over five years. Portfolio math shows five-year ROI at 106.92% and total cumulative return in cash at $140,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,492/mo property income against a $1,935/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.