406 River Walk Farm Pkwy,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 406 River Walk Farm Pkwy, Covington, GA, 30014 priced at $390,190 converts $2,492/mo rent into $117/mo cash flow after a $1,910/mo obligation. Total monthly income equals $2,492/mo, and annual cash flow totals $1,404/yr on $129,348 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 7.66% against a $390,190 entry. Equity gained on principal adds $2,518/yr, while 5% annual appreciation compiles into $107,802 by year five. Five-year ROI reaches 108.56% and total cumulative return in cash sums $140,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,492/mo property income covering a $1,910/mo payment, not borrower’s personal income.