Property Location

0000 Rocky Point Road, Covington GA 30014

Interactive Map

List Price $900,000
Units 1
Price / Unit $900,000
Est. Year 1 Cash Flow $-46,363 after debt service
0000 Rocky Point Road Covington, GA 30014
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
https://id.land/ranching/maps/a408e8497008e1ec657105221ef2cc85/share/unbranded Incredible opportunity to own and/or develop 103.73 acres of property less than 1/2 a mile from the oldest GA Power lake in the state! Located a mere 50 miles from Atlanta, this is the newest hot spot at a still affordable pricing. Easy access to shopping, grocery stores, restaurants, Marianas, the interstate plus only 20 minutes to charming downtown Covington. 20 minutes to Covington / I-20 and Jackson GA. 25 minutes to Locust Grove / I-75 This rare property has several options - the land could easily be subdivided into smaller lots of a minimum of 1 acre and developed into a community for full time residence or Summer homes convenient to Jackson Lake. Or build your dream home with a private 4+ acre lake served by up to 7 springs. Carve off a few more lots for your friends, enjoy hunting & shooting in the private wooded acreage. Enjoy tranquil vibes and peaceful views year-round. With all the options this property has to offer, you won’t want to miss your opportunity for a good profit. There is abundant timber to be felled for profit and funding development. The county remarks about the land: "The property in question has a Future Land Use designation of Residential at this time. It is currently zoned AR- Agricultural Residential. The minimum lot size is 1 acre. Should the parcel be subdivided you must provide road frontage for each new lot ( minimum 75 ft)." There is a well on the property. I have multiple aerial videos (MP4) available upon request and a complete set of aerial mapping photographs. All reasonable offers will be considered
Investment Notes — Covington
  • Located in the Covington, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $900,000 Verified
Est. Year 1 Cash Flow $-46,363 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

$
$
$

Enter rent per unit or total GPI to model returns

5.0%
46%
25%
7%
30 yrs
Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
Asking Cap Rate
Price Per Unit
Annual Debt Service
Year 1 Cash Flow
Cash-on-Cash Return
Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7720634 · Listing courtesy of Keller Williams Realty Metro Atlanta, Adrian Evans · 404-564-5560

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily