678 Egrets Lndg,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 678 Egrets Lndg, Covington, GA, 30014 generates $2,492/mo in rent and, after a $1,828/mo payment, leaves $219/mo in cash flow. Total monthly income is $2,492/mo, and annual cash flow is $2,627/yr on $123,812 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 8.01% on a $373,490 entry. Equity gained on principal adds $2,410/yr, while 5% annual appreciation builds toward $103,188 over five years. Five-year ROI reaches 114.07% and total cumulative return in cash sums $141,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,492/mo property income rather than buyer’s personal income.