7 Ivy StCovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7 Ivy St, Covington, GA, 30014 in Covington speaks for itself: 12.79% gross on a $129,999 price, generating $1,386/mo in rent and $584/mo in net income after the $585/mo debt service. DSCR 2.37, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,013 stacks alongside $35,916 in projected five-year appreciation and $1,197/yr in principal reduction. Projected total cumulative return: $86,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 7.0% |
| Monthly Cash Flow | $584 | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,386 |
| Total Monthly Debt Service | $750 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1906
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1906
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices