40 Harrison CirCovingtonGA30016
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 40 Harrison Cir, Covington, GA, 30016 at $353,000 posts ROI 33.79% with $1,353/mo cash flow from $3,623/mo rent. Total monthly income equals $3,623/mo, and annual cash flow records $16,241/yr on $117,020 to close. Return on cash invested measures 33.79% and rental yield reads 12.32% at the current $353,000. Equity gained on principal adds $2,278/yr, and 5% annual appreciation supports $97,527 by year five. Five-year ROI prints 177.6% and total cumulative return in cash totals $207,824.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,623/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
6,969 sqft lot
$N/A/sqft
$530 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,634 (100%) |
| Owner Occupied HU | 16,654 (73.6%) |
| Renter Occupied HU | 5,085 (22.5%) |
| Vacant Housing Units | 895 ( 4.0%) |
| Median Home Value | $242,135 |
| Average Home Value | $271,567 |
Housing Distribution
Address Breakdown
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
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Nearby investment properties with comparable prices
Listed by: Mikel Muffley • Weichert, Realtors - The Collective
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7456026
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