MIRA II Plan, The Enclave at Dial Farm Phase III,Covington,GA,30014

Investment Highlights

Investment property for sale in Covington at MIRA II Plan, The Enclave at Dial Farm Phase III, Covington, GA, 30014 at $405,990 posts ROI 20.1% with $21/mo cash flow from $2,492/mo rent. Total monthly income equals $2,492/mo, and annual cash flow records $254/yr on $134,586 to close. Return on cash invested measures 20.1% and rental yield reads 7.37% at the current $405,990. Equity gained on principal adds $2,620/yr, and 5% annual appreciation supports $112,168 by year five. Five-year ROI prints 103.74% and total cumulative return in cash totals $139,620.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,492/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).