9102 Morris Dr SW,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 9102 Morris Dr SW, Covington, GA, 30014 uses $72,599 cash to close to unlock $5,904/yr annual cash flow and $492/mo monthly cash flow. Total monthly income runs $1,825/mo, and a $1,072/mo payment keeps the spread at $492/mo. Purchase price stands at $219,000, and rental yield measures 10% with $1,825/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 146.38% and total cumulative return in cash records $106,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,825/mo property income covering a $1,072/mo payment rather than investor’s personal income.