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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Covington at 8 Elm St, Covington, GA, 30014 with 5% annual appreciation on a $115,000 basis while $919/mo rent supports operations. Total monthly income totals $919/mo and a $563/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,628/yr on $38,123 deployed, and return on cash invested reaches 26.8% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.59%. Five-year ROI measures 139.66% and total cumulative return in cash totals $53,241.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $919/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Haymore • The American Realty
Mls Name: GAMLS
Mls ID: #10604108
