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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Covington at 2369 Christian Cir, Covington, GA, 30016 earns $1,190/mo cash flow from $1,920/mo rent with a $587/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $14,280/yr on $39,780 capital. ROI tracks 55.81% on current figures, and rental yield reads 19.2% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 295.19% and total cumulative return in cash sums $117,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1981
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
| 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 |
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $120,000 |
| 2025-07-04 | Pending sale | $159,900 |
| 2025-06-02 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2014-10-08 | $578.96 | -9.94% | $16,920 | -5.16% |
| 2013-10-08 | $642.84 | 151.84% | $17,840 | -21.20% |
| 2012-10-08 | $255.26 | -70.08% | $22,640 | -7.97% |
What's Special
Expandable
Listed by: Angela Garner • BHGRE Metro Brokers
Mls Name: GAMLS
Mls Provider:
Mls ID: #10544143
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
