8151 Spillers Dr SWCovingtonGA30014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8151 Spillers Dr SW, Covington, GA, 30014 in Covington is a top-tier cash-flow asset. At $117,000 it produces $2,009/mo in rent and $1,297/mo in net monthly income, a 20.6% gross rental yield. The DSCR of 3.82 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $15,561. Five-year appreciation adds $32,325, driving a total cumulative return of $127,784.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 7.0% |
| Monthly Cash Flow | $1,297 | $450 |
City averages based on Covington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,009 |
| Total Monthly Debt Service | $666 |
| DSCR Ratio | 3.02x |
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 1979
0.34 Acres 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 1979
0.34 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices