669 Egrets Lndg,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 669 Egrets Lndg, Covington, GA, 30014 priced at $389,690 converts $2,492/mo rent into $121/mo cash flow after a $1,907/mo obligation. Total monthly income equals $2,492/mo, and annual cash flow totals $1,447/yr on $129,182 invested. Return on cash invested prints 21.03% in year one, and rental yield reads 7.67% against a $389,690 entry. Equity gained on principal adds $2,515/yr, while 5% annual appreciation compiles into $107,664 by year five. Five-year ROI reaches 108.72% and total cumulative return in cash sums $140,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,492/mo property income covering a $1,907/mo payment, not borrower’s personal income.