6111 Old Monticello St SECovingtonGA30014
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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
Investment Highlights
Investment property for sale in Covington at 6111 Old Monticello St SE, Covington, GA, 30014 offers a 2.73% rental yield on a $699,000 purchase with $1,591/mo rent. 16% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 28.99% and total cumulative return in cash at $66,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,591/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
15.10 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rhiannon L. Townley • RE/MAX Around Atlanta East
Mls Name: GAMLS
Mls Provider:
Mls ID: #10550108
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