230 Forest Brook DrCovingtonGA30016
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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
Investment property for sale in Covington at 230 Forest Brook Dr, Covington, GA, 30016 earns $338/mo cash flow from $2,255/mo rent with a $1,542/mo payment. Total monthly income totals $2,255/mo, and annual cash flow totals $4,051/yr on $104,423 capital. ROI tracks 23.79% on current figures, and rental yield reads 8.59% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 123.53% and total cumulative return in cash sums $128,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,255/mo property income instead of your personal income.
Single Family
Built in 1999
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,634 (100%) |
| Owner Occupied HU | 16,654 (73.6%) |
| Renter Occupied HU | 5,085 (22.5%) |
| Vacant Housing Units | 895 ( 4.0%) |
| Median Home Value | $242,135 |
| Average Home Value | $271,567 |
Housing Distribution
Address Breakdown
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
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