6127 Floyd St NE, Covington, GA, 30014 | 7.33% Rental Yield

Off market

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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

Rental property for sale in Covington at 6127 Floyd St NE, Covington, GA, 30014 offers $2,875/mo rent that, after a $2,305/mo payment. Total monthly income is $2,875/mo. Return on cash invested measures 18.67% in year one, and rental yield stands at 7.33% at a $470,900 entry. Equity gained on principal adds $3,039/yr while 5% annual appreciation compounds into $130,101 by year five. Five-year ROI records 96.54% and total cumulative return in cash reaches $150,700. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,875/mo property income versus a $2,305/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in 1933

0.60 Acres lot

$N/A/sqft

No HOA