2320 Elks Club RdCovingtonGA30014
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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 2320 Elks Club Rd, Covington, GA, 30014 offers $6,283/mo rent that, after a $4,375/mo payment, leaves $707/mo cash flow. Total monthly income is $6,283/mo, and annual cash flow is $8,479/yr on $294,060 cash. Return on cash invested measures 22.94% in year one, and rental yield stands at 8.44% at a $893,800 entry. Equity gained on principal adds $5,768/yr while 5% annual appreciation compounds into $246,940 by year five. Five-year ROI records 119.15% and total cumulative return in cash reaches $350,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,283/mo property income versus a $4,375/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
27.50 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices