8115 Parkside LnCovingtonGA30014
Nearby investment properties with comparable rents
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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 8115 Parkside Ln, Covington, GA, 30014 offers $2,458/mo rent that, after a $2,080/mo payment. Total monthly income is $2,458/mo. Return on cash invested measures 17.86% in year one, and rental yield stands at 6.94% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 92.08% and total cumulative return in cash reaches $129,725. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,458/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
$480 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Duffy • Duffy Realty of Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7471376
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