595 Ridgeway Rd,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 595 Ridgeway Rd, Covington, GA, 30014 offers $2,545/mo rent that, after a $2,002/mo payment, leaves $56/mo cash flow. Total monthly income is $2,545/mo, and annual cash flow is $667/yr on $135,584 cash. Return on cash invested measures 20.4% in year one, and rental yield stands at 7.47% at a $409,000 entry. Equity gained on principal adds $2,639/yr while 5% annual appreciation compounds into $112,999 by year five. Five-year ROI records 105.35% and total cumulative return in cash reaches $142,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,545/mo property income versus a $2,002/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.