2320 Elks Club RdCovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2320 Elks Club Rd, Covington, GA, 30014 in Covington worth study. Rental yield 3.76%. The 3.76% gross yield is below cash-flow benchmarks at $893,800, but 5% annual appreciation, adding $246,940 over five years, frames this as a capital growth position. Rent of $6,283/mo partially offsets the $4,019/mo payment. Ziffy Mortgage finances appreciation-play properties (1.56 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $384,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 7.0% |
| Monthly Cash Flow | $(5,908) | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,283 |
| Total Monthly Debt Service | $5,221 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
27.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2007
27.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices