2628 Elks Club Rd,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 2628 Elks Club Rd, Covington, GA, 30014 offers a 9.57% rental yield on a $284,500 purchase with $2,268/mo rent. Total monthly income registers $2,268/mo, and a $1,392/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,444/yr on $94,312 to close, and return on cash invested stands at 26.74% in year one. Equity gained on principal adds $1,836/yr while 5% annual appreciation supports $78,602 over five years. Portfolio math shows five-year ROI at 139.34% and total cumulative return in cash at $131,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,268/mo property income against a $1,392/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.