Jodeco Box Bay Plan, River Walk Farm,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at Jodeco Box Bay Plan, River Walk Farm, Covington, GA, 30014 offers $2,492/mo rent that, after a $1,774/mo payment, leaves $286/mo cash flow. Total monthly income is $2,492/mo, and annual cash flow is $3,432/yr on $120,165 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.25% at a $362,490 entry. Equity gained on principal adds $2,339/yr while 5% annual appreciation compounds into $100,149 by year five. Five-year ROI records 118.06% and total cumulative return in cash reaches $141,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,492/mo property income versus a $1,774/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.