145 Alcovy CirCovingtonGA30014
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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
Investment Highlights
Rental property for sale in Covington at 145 Alcovy Cir, Covington, GA, 30014 priced at $307,000 converts $2,022/mo rent into $153/mo cash flow after a $1,503/mo obligation. Total monthly income equals $2,022/mo, and annual cash flow totals $1,838/yr on $101,771 invested. Return on cash invested prints 21.71% in year one, and rental yield reads 7.9% against a $307,000 entry. Equity gained on principal adds $1,981/yr, while 5% annual appreciation compiles into $84,818 by year five. Five-year ROI reaches 112.43% and total cumulative return in cash sums $114,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,022/mo property income covering a $1,503/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.01 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kimolyn Adams • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7541050
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