361 Almon RdCovingtonGA30014
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
Investment Highlights
Investment property for sale in Covington at 361 Almon Rd, Covington, GA, 30014 with 5% annual appreciation on a $252,000 basis while $2,141/mo rent supports operations. Total monthly income totals $2,141/mo and a $1,233/mo payment preserves $606/mo for cash returns. Annual cash flow comes to $7,267/yr on $83,538 deployed, and return on cash invested reaches 28.61% in year one. Equity gained on principal adds $1,626/yr, and five-year appreciation sums $69,623 alongside rental yield of 10.2%. Five-year ROI measures 149.38% and total cumulative return in cash totals $124,790.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,141/mo property income versus a $1,233/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bridgett Howell • BridgeWell Realty Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10433979
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.