9150 Spillers Dr SW,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at 9150 Spillers Dr SW, Covington, GA, 30014 offers a 13.32% rental yield on a $164,900 purchase with $1,831/mo rent. Total monthly income registers $1,831/mo, and a $807/mo payment leaves $827/mo available for distribution. Annual cash flow reaches $9,930/yr on $54,664 to close, and return on cash invested stands at 38.07% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 200.14% and total cumulative return in cash at $109,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,831/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.