70 Geranium LnCovingtonGA30016
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
Investment property for sale in Covington at 70 Geranium Ln, Covington, GA, 30016 at $445,989 posts ROI 25.06% with $634/mo cash flow from $3,403/mo rent. Total monthly income equals $3,403/mo, and annual cash flow records $7,612/yr on $147,845 to close. Return on cash invested measures 25.06% and rental yield reads 9.16% at the current $445,989. Equity gained on principal adds $2,878/yr, and 5% annual appreciation supports $123,219 by year five. Five-year ROI prints 130.49% and total cumulative return in cash totals $192,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,403/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,634 (100%) |
| Owner Occupied HU | 16,654 (73.6%) |
| Renter Occupied HU | 5,085 (22.5%) |
| Vacant Housing Units | 895 ( 4.0%) |
| Median Home Value | $242,135 |
| Average Home Value | $271,567 |
Housing Distribution
Address Breakdown
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nina Howell • DRB Group Georgia, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7389206
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