550 Malcom Rd, Covington, GA, 30014 | $214/mo Cash Flow

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550 Malcom Rd, Covington, GA, 30014 | $214/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Covington at 550 Malcom Rd, Covington, GA, 30014 offers a 8.11% rental yield on a $319,500 purchase with $2,159/mo rent. Total monthly income registers $2,159/mo, and a $1,564/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,571/yr on $105,914 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $2,062/yr while 5% annual appreciation supports $88,272 over five years. Portfolio math shows five-year ROI at 115.77% and total cumulative return in cash at $122,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,159/mo property income against a $1,564/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

10.11 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming A-Frame Retreat on 10 Private Acres with Jackson Lake Frontage. Nestled on a serene 10-acre wooded lot stretching all the way to the shores of Jackson Lake, this unique A-frame home offers a peaceful escape with endless potential. Enjoy the outdoors from the half wrap-around porch, perfect for morning coffee, evening sunsets, or simply soaking in the sounds of nature. Step inside to a spacious living room filled with natural light, thanks to expansive windows that frame the surrounding landscape. The layout flows into a large main-level library-ideal for book lovers or easily converted into a flexible living space. This home features 2 bedrooms and 2 full bathrooms, providing comfortable accommodations for family or guests. If you need additional space, the unfinished attic is already equipped with a window and closet, making it easy to convert into a third bedroom or studio. With a little imagination and your personal touches, this one-of-a-kind property can truly shine. Whether you're seeking a weekend getaway, a full-time residence, or an investment opportunity, this home has the charm, setting, and potential to make your vision a reality. Call today to schedule your showing!