4128 Elizabeth St NE,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 4128 Elizabeth St NE, Covington, GA, 30014 uses $107,737 cash to close to unlock $6,081/yr annual cash flow and $507/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $1,591/mo payment keeps the spread at $507/mo. Purchase price stands at $324,999, and rental yield measures 9.18% with $2,485/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $89,791 over five years. Five-year ROI reaches 132.98% and total cumulative return in cash records $143,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $1,591/mo payment rather than investor’s personal income.