35 Walnut Ln LOT 4CovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 35 Walnut Ln LOT 4, Covington, GA, 30014 in Covington speaks for itself: 21.33% gross on a $100,000 price, generating $1,777/mo in rent and $1,169/mo in net income after the $450/mo debt service. DSCR 3.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,023 stacks alongside $27,628 in projected five-year appreciation and $921/yr in principal reduction. Projected total cumulative return: $113,045.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.3% | 7.0% |
| Monthly Cash Flow | $1,169 | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,777 |
| Total Monthly Debt Service | $569 |
| DSCR Ratio | 3.12x |
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.
Lot
Built in N/A
2 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
Lot
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Cousineau Advisors • Tracy Cousineau Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7465038
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