233 Elm St, Covington, GA, 30014 | 7.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Covington at 233 Elm St, Covington, GA, 30014 offers $2,310/mo rent that, after a $1,909/mo payment. Total monthly income is $2,310/mo. Return on cash invested measures 19.32% in year one, and rental yield stands at 7.11% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 99.56% and total cumulative return in cash reaches $128,720. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,310/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1985

1.69 Acres lot

$N/A/sqft

No HOA