657 Egrets Lndg,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 657 Egrets Lndg, Covington, GA, 30014 priced at $339,100 converts $2,492/mo rent into $428/mo cash flow after a $1,660/mo obligation. Total monthly income equals $2,492/mo, and annual cash flow totals $5,135/yr on $112,412 invested. Return on cash invested prints 24.48% in year one, and rental yield reads 8.82% against a $339,100 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,687 by year five. Five-year ROI reaches 127.19% and total cumulative return in cash sums $142,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,492/mo property income covering a $1,660/mo payment, not borrower’s personal income.