245 Tamea Trl,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 245 Tamea Trl, Covington, GA, 30014 priced at $339,000 converts $2,183/mo rent into $120/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,183/mo, and annual cash flow totals $1,440/yr on $112,379 invested. Return on cash invested prints 21.19% in year one, and rental yield reads 7.73% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 109.6% and total cumulative return in cash sums $123,172. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,183/mo property income covering a $1,659/mo payment, not borrower’s personal income.