







Nearby investment properties with comparable rents
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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
Rental property for sale in Covington at 472 Oak Hill Rd, Covington, GA, 30016 generates $2,111/mo in rent and, after a $1,370/mo payment, leaves $407/mo in cash flow. Total monthly income is $2,111/mo, and annual cash flow is $4,888/yr on $92,820 invested. Return on cash invested sits at 25.18% in year one, and rental yield is 9.05% on a $279,999 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 130.97% and total cumulative return in cash sums $121,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,111/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.68 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 30016, Covington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,634 (100%) |
| Owner Occupied HU | 16,654 (73.6%) |
| Renter Occupied HU | 5,085 (22.5%) |
| Vacant Housing Units | 895 ( 4.0%) |
| Median Home Value | $242,135 |
| Average Home Value | $271,567 |
Housing Distribution
Address Breakdown
Residential
22,228
Single Family
21,792
Multi-Family
436
Businesses
365
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1992
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Driveway, Garage, Garage Faces Side, Kitchen Level, Level Driveway
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 0.68 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jonesy Realty Group • HomeSmart
Mls Name: FMLS GA
Mls ID: #7676428