2 Quiet Cove Way, Monticello, GA, 31064 | 3.9% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2 Quiet Cove Way, Monticello, GA, 31064 | 3.9% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

No similar rental properties found nearby.

Nearby investment properties with comparable prices

5 Bed
5 Bath
3827 sft

509 Dolce Rd, Locust Grove, GA, 30248

4 Bed
3 Bath
3412 sft

103 Old Oak Dr, Forsyth, GA, 31029

5 Bed
3 Bath
3588 sft

402 Tom Bell Rd, Milner, GA, 30257

4 Bed
4 Bath
2700 sft

687 Lakeshore Dr, Jackson, GA, 30233

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Monticello at 2 Quiet Cove Way, Monticello, GA, 31064 priced at $554,000 converts $1,800/mo rent into after a $2,712/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 9.71% in year one, and rental yield reads 3.9% against a $554,000 entry. Equity gained on principal adds $3,575/yr, while 5% annual appreciation compiles into $153,060 by year five. Five-year ROI reaches 47.98% and total cumulative return in cash sums $87,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $2,712/mo payment, not borrower’s personal income.

Single Family

Built in 2025

1.22 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 4-bedroom, 3.5-bath custom build by Rockin L Homes, located in a quiet, gated community surrounded by private wooded estate lots on Jackson Lake. This elegant modern farmhouse features a master on the main and comes with premium upgrades throughout, including matte black plumbing and light fixtures, custom cabinetry, and a gourmet kitchen with a stovetop, hood vent, wall-mount oven, and microwave. You'll also find quartz countertops, a floor-to-ceiling wood-burning fireplace with a vintage mantel, a freestanding tub, and a tile shower with a frameless shower door. LVP flooring is installed throughout the home. Outside, a peaceful rocking chair front porch is surrounded by an irrigated, well-manicured landscape with abundant wildlife. The level backyard is perfect for your own private pool. Amenities in the HOA include a pool, pavilion, dock, and trailer/boat storage. The location offers convenience, just 20 minutes from downtown Monticello and 30 minutes from downtown Covington. It's also only 10 minutes from the Clybel wildlife preserve, perfect for outdoor enthusiasts, offering a variety of activities from fishing to hunting, horseback riding to hiking, and 5 minutes from an 18-hole golf course. Don't miss out on your chance to own a home in the nicest gated community on Jackson Lake in Jasper County. Builder incentives consist of one of the following: extra appliances (fridge/washer/dryer), $5,000 for closing, or a 2/1 buy-down with our preferred lender.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,690 (100%)
Owner Occupied HU	3,347 (71.4%)
Renter Occupied HU	738 (15.7%)
Vacant Housing Units	605 (12.9%)
Median Home Value	$265,837
Average Home Value	$298,068