70 Caseys WayCovingtonGA30014
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
Investment Highlights
Rental property for sale in Covington at 70 Caseys Way, Covington, GA, 30014 priced at $574,900 converts $4,410/mo rent into $888/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,410/mo, and annual cash flow totals $10,650/yr on $189,142 invested. Return on cash invested prints 25.69% in year one, and rental yield reads 9.21% against a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,834 by year five. Five-year ROI reaches 133.74% and total cumulative return in cash sums $252,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,410/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2005
2.01 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla Clack • Morris Realty Co LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10455821
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.