345 River Walk Farm Pkwy LOT 5CovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 345 River Walk Farm Pkwy LOT 5, Covington, GA, 30014 in Covington at $390,690 earns $2,492/mo in rent and nets $52/mo after the $1,757/mo payment, a 7.66% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $107,940 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $3,598/yr in principal paydown, total projected return reaches $151,548.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.0% |
| Monthly Cash Flow | $52 | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,492 |
| Total Monthly Debt Service | $2,285 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
0.29 Acres lot
$N/A/sqft
$750 annually 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
0.29 Acres lot
$N/A/sqft
$750 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tuyet Nguyen • DFH Realty Georgia
Mls Name: GAMLS
Mls Provider:
Mls ID: #10590445
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