583 Overlook Rd,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 583 Overlook Rd, Covington, GA, 30014 listed at $430,000 pairs $3,512/mo rent with a $2,105/mo payment to leave $895/mo cash flow. Total monthly income runs $3,512/mo, and annual cash flow reaches $10,735/yr on $142,545 cash to close. Return on cash invested measures 27.44% in year one, and rental yield registers 9.8% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 143.1% and total cumulative return in cash totals $203,979. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,512/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).