9230 Melody Cir SWCovingtonGA30014
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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
Investment Highlights
Investment property for sale in Covington at 9230 Melody Cir SW, Covington, GA, 30014 earns $1,158/mo cash flow from $2,292/mo rent with a $881/mo payment. Total monthly income totals $2,292/mo, and annual cash flow totals $13,895/yr on $59,670 capital. ROI tracks 43.2% on current figures, and rental yield reads 15.28% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 227.84% and total cumulative return in cash sums $135,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,292/mo property income instead of your personal income.
Single Family
Built in 1991
1 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kris M Kolarich • Southern Classic Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10545620
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