663 Egrets Lndg,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 663 Egrets Lndg, Covington, GA, 30014 uses $126,099 cash to close to unlock $2,120/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $2,492/mo, and a $1,862/mo payment keeps the spread at $177/mo. Purchase price stands at $380,390, and rental yield measures 7.86% with $2,492/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $105,095 over five years. Five-year ROI reaches 111.72% and total cumulative return in cash records $140,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,492/mo property income covering a $1,862/mo payment rather than investor’s personal income.