34 Ivy St,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 34 Ivy St, Covington, GA, 30014 offers $2,033/mo rent that, after a $1,194/mo payment, leaves $548/mo cash flow. Total monthly income is $2,033/mo, and annual cash flow is $6,580/yr on $80,853 cash. Return on cash invested measures 28.05% in year one, and rental yield stands at 10% at a $243,900 entry. Equity gained on principal adds $1,574/yr while 5% annual appreciation compounds into $67,385 by year five. Five-year ROI records 146.39% and total cumulative return in cash reaches $118,359. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,033/mo property income versus a $1,194/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.