2508 Ella Springs CtCovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2508 Ella Springs Ct, Covington, GA, 30014 in Covington. Rental yield 6.44%. The 1.19 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $186,127 and $6,205/yr in principal reduction project total return of $223,849.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 7.0% |
| Monthly Cash Flow | $(487) | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,613 |
| Total Monthly Debt Service | $3,832 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
2.02 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 2025
2.02 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Broom • Reliant Realty Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10688855
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