








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Covington at 2 N Broad St, Covington, GA, 30014 generates $1,805/mo in rent and, after a $1,346/mo payment, leaves $131/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $1,575/yr on $91,163 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 7.88% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 112.01% and total cumulative return in cash sums $102,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.30 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $275,000 |
| 2019-03-25 | Sold | $53,500 |
| 2002-11-27 | Sold | $63,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-22 | $1738.87 | -5.49% | $50,360 | 17.88% |
| 2022-05-22 | $1839.82 | 17.06% | $42,720 | 20.68% |
| 2021-05-22 | $1571.66 | 51.01% | $35,400 | 63.89% |



Listed by: Jeff Murray • Keller Wms Re Atl Midtown
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7582608
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)