9 N Broad St,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 9 N Broad St, Covington, GA, 30014 listed at $138,000 pairs $1,073/mo rent with a $675/mo payment to leave $234/mo cash flow. Total monthly income runs $1,073/mo, and annual cash flow reaches $2,803/yr on $45,747 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 9.33% at a $138,000 basis. Equity gained on principal adds $890/yr, and annual property appreciation at 5% supports $38,127 by year five. Five-year ROI tracks 135.6% and total cumulative return in cash totals $62,034. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,073/mo property income relative to a $675/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).