6169 Pinewood Dr SE,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 6169 Pinewood Dr SE, Covington, GA, 30014 offers a 8.43% rental yield on a $475,000 purchase with $3,337/mo rent. Total monthly income registers $3,337/mo, and a $2,325/mo payment leaves $446/mo available for distribution. Annual cash flow reaches $5,352/yr on $157,463 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 120.92% and total cumulative return in cash at $190,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,337/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.