Real Estate Investment Properties for Sale in Covington, GA

Looking for investment property in Covington, GA with high ROI ?

Explore a variety of short-term homes & houses in Covington, GA. Invest wisely with VRBO & Covington, GA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Covington, GA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
150 Chandler Trace COVINGTON, GA Welcome to your future home and new construction home/brand new home a stunning property t...	3 beds \| 3 baths \| 1,733 sq.ft.	$299,000	Airbnb cash on cash: 6.97% Traditional cash on cash: 5.57% Airbnb Rental Income: $3139 Traditional Rental Income: $2034 Airbnb ROI: 6.97% Traditional ROI: 5.57%
8115 Parkside Lane COVINGTON, GA **$1,000 LANDSCAPING ALLOWANCE: Freshen up the landscape to your liking with this allowanc...	3 beds \| 3 baths \| 2,035 sq.ft.	$425,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.42% Airbnb Rental Income: $2663 Traditional Rental Income: $2305 Airbnb ROI: 2.73% Traditional ROI: 3.42%
5200 Tew COVINGTON, GA This 3 bedroom 2 bath home is a perfect family home or a great investment property! The la...	3 beds \| 3 baths \| 1,953 sq.ft.	$230,000	Airbnb cash on cash: 7.62% Traditional cash on cash: 7.79% Airbnb Rental Income: $2844 Traditional Rental Income: $2219 Airbnb ROI: 7.62% Traditional ROI: 7.79%
45 Tulip Poplar Way COVINGTON, GA Welcome to Your Dream Home in Covington, GA! This stunning and spacious open-floor-plan h...	4 beds \| 3 baths \| 3,034 sq.ft.	$365,000	Airbnb cash on cash: 7.19% Traditional cash on cash: 6.08% Airbnb Rental Income: $4130 Traditional Rental Income: $2871 Airbnb ROI: 7.19% Traditional ROI: 6.08%
20 Quarry COVINGTON, GA Bring your buyer that wants to do absolutely nothing to their newly updated home but move ...	3 beds \| 2 baths \| 1,568 sq.ft.	$299,500	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.44% Airbnb Rental Income: $2663 Traditional Rental Income: $1863 Airbnb ROI: 5.03% Traditional ROI: 4.44%
65 Vintage COVINGTON, GA Charming Family Home for Sale! Welcome to your dream home! This delightful property featur...	3 beds \| 2 baths \| 1,555 sq.ft.	$275,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 5.18% Airbnb Rental Income: $2663 Traditional Rental Income: $1948 Airbnb ROI: 5.5% Traditional ROI: 5.18%
45 Silver Peak Dr COVINGTON, GA Luxury Living in Covington! Primary on Main, Finished Basement, and Private Fenced Yard! ...	5 beds \| 5 baths \| 4,369 sq.ft.	$510,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $4518 Airbnb ROI: N/A Traditional ROI: 7.35%
30 Mildred Lane COVINGTON, GA Welcome to this beautiful 3 bedrooms and 2 bathrooms home on a partial basement, perfect f...	3 beds \| 2 baths \| 1,387 sq.ft.	$235,000	Airbnb cash on cash: 7.69% Traditional cash on cash: 5.82% Airbnb Rental Income: $2844 Traditional Rental Income: $1766 Airbnb ROI: 7.69% Traditional ROI: 5.82%
751 Cowan Road COVINGTON, GA Private Retreat on 2.39 Acres! Nestled in a quiet neighborhood, this serene property offer...	3 beds \| 2 baths \| 1,830 sq.ft.	$320,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 4.64% Airbnb Rental Income: $2844 Traditional Rental Income: $2051 Airbnb ROI: 5.07% Traditional ROI: 4.64%
50 Hunters Ridge COVINGTON, GA Welcome to this inviting home with fresh interior paint and a neutral color scheme that co...	3 beds \| 2 baths \| 1,258 sq.ft.	$243,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 4.89% Airbnb Rental Income: $2663 Traditional Rental Income: $1634 Airbnb ROI: 6.61% Traditional ROI: 4.89%
35 Highwood Drive COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this beautifully mai...	4 beds \| 3 baths \| 2,111 sq.ft.	$332,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 5.49%
409 Mitchell Road COVINGTON, GA DEEDED, WATERFRONT ON JACKSON LAKE! This cabin has been completely renovated. From the fou...	1 beds \| 1 baths \| 750 sq.ft.	$375,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.58% Airbnb Rental Income: $1797 Traditional Rental Income: $1547 Airbnb ROI: 1.9% Traditional ROI: 2.58%
55 Dayton Way COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to your dream home! Thi...	4 beds \| 2 baths \| 1,534 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A Traditional ROI: 5.32%
50 Ivans Circle COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this spectacular hom...	3 beds \| 2 baths \| 1,538 sq.ft.	$273,000	Airbnb cash on cash: 6.88% Traditional cash on cash: 4.53% Airbnb Rental Income: $3139 Traditional Rental Income: $1824 Airbnb ROI: 6.88% Traditional ROI: 4.53%
190 Timberlake Terrace COVINGTON, GA This beautiful 4-bedroom, 3-bath home is perfect for entertaining with its open concept li...	4 beds \| 3 baths \| 2,759 sq.ft.	$374,900	Airbnb cash on cash: 7.23% Traditional cash on cash: 5.22% Airbnb Rental Income: $4130 Traditional Rental Income: $2543 Airbnb ROI: 7.23% Traditional ROI: 5.22%
100 Rolling Ridge Drive COVINGTON, GA Welcome to your future home! This charming 3-bedroom ranch, situated on a quiet, family-fr...	3 beds \| 2 baths \| 1,353 sq.ft.	$265,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 5.33% Airbnb Rental Income: $3139 Traditional Rental Income: $1868 Airbnb ROI: 7.57% Traditional ROI: 5.33%
260 Valley Brook COVINGTON, GA Discover this stunning ranch-style property, nestled in a peaceful culture-de-sac, which o...	3 beds \| 2 baths \| 2,390 sq.ft.	$329,900	Airbnb cash on cash: 5.58% Traditional cash on cash: 5.3% Airbnb Rental Income: $3139 Traditional Rental Income: $2342 Airbnb ROI: 5.58% Traditional ROI: 5.3%
399 WEHUNT RD COVINGTON, GA Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 2 baths \| 1,590 sq.ft.	$294,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 4.77% Airbnb Rental Income: $2539 Traditional Rental Income: $1827 Airbnb ROI: 5.14% Traditional ROI: 4.77%
11610 Highway 142 COVINGTON, GA Welcome to this beautifully remodel 5 bedroom, 3 bath property. The main house consist of ...	5 beds \| 3 baths \| 2,581 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $2843 Airbnb ROI: N/A Traditional ROI: 5.96%
25 Lakebirch COVINGTON, GA Discover this beautiful 2-story townhouse featuring a master bedroom with ensuite master b...	2 beds \| 3 baths \| 1,222 sq.ft.	$215,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 6.99% Airbnb Rental Income: $2375 Traditional Rental Income: $1925 Airbnb ROI: 6.33% Traditional ROI: 6.99%
25 Lakebirch Drive COVINGTON, GA Discover this beautiful 2-story townhouse featuring a master bedroom with ensuite master b...	2 beds \| 3 baths \| 1,222 sq.ft.	$215,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 6.9% Airbnb Rental Income: $2375 Traditional Rental Income: $1906 Airbnb ROI: 6.33% Traditional ROI: 6.9%
65 Brittney Lane COVINGTON, GA Your near new construction move-in ready home is in a USDA 100% financing eligible area an...	4 beds \| 2 baths \| 1,725 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 4.59%
10 Oakbrook Lane COVINGTON, GA SELLER NEEDS TO MOVE NOW. MAKE US AN OFFER! Welcome ALL BUYERS to this awesome huge corne...	4 beds \| 2 baths \| 1,912 sq.ft.	$323,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 4.68%
285 Mountain Way COVINGTON, GA Welcome home to this delightful ranch-style house nestled in a peaceful neighborhood. With...	3 beds \| 2 baths \| 1,800 sq.ft.	$258,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 6.13% Airbnb Rental Income: $2663 Traditional Rental Income: $2051 Airbnb ROI: 6.05% Traditional ROI: 6.13%
20 Summit Drive COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this beautifully des...	3 beds \| 2 baths \| 1,508 sq.ft.	$285,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 4.94% Airbnb Rental Income: $3139 Traditional Rental Income: $1911 Airbnb ROI: 6.86% Traditional ROI: 4.94%
3009 River Garden Road COVINGTON, GA Step into this beautiful Riverclift Ranch featuring two-tone interior paint, luxury viny...	4 beds \| 2 baths \| 2,200 sq.ft.	$294,500	Airbnb cash on cash: 9.8% Traditional cash on cash: 6.06% Airbnb Rental Income: $4130 Traditional Rental Income: $2214 Airbnb ROI: 9.8% Traditional ROI: 6.06%
4365 Highway 81 S COVINGTON, GA Discover this beautifully upgraded 5-bedroom, 3-bathroom home, featuring: â¢ Bedrooms: 5 ...	5 beds \| 3 baths \| 2,174 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $2801 Airbnb ROI: N/A Traditional ROI: 2.1%
90 Bruce Lane COVINGTON, GA Make yourself at home with this Beautifully Renovated Ranch Home with TWO Owner\'s Suite (...	4 beds \| 3 baths \| 2,116 sq.ft.	$313,900	Airbnb cash on cash: 9.37% Traditional cash on cash: 6.86% Airbnb Rental Income: $4197 Traditional Rental Income: $2567 Airbnb ROI: 9.37% Traditional ROI: 6.86%
1521 Valley View Road COVINGTON, GA Come and explore this charming 8.49-acre farmette in Covington! This hobby farm is fully f...	4 beds \| 4 baths \| 2,270 sq.ft.	$649,999	Airbnb cash on cash: 3.42% Traditional cash on cash: 2.99% Airbnb Rental Income: $4130 Traditional Rental Income: $2996 Airbnb ROI: 3.42% Traditional ROI: 2.99%
368 Rocky Point Road COVINGTON, GA Welcome to this charming ranch-style home nestled on a spacious 1-acre lot in Covington, G...	3 beds \| 2 baths \| 1,300 sq.ft.	$225,000	Airbnb cash on cash: 7.31% Traditional cash on cash: 6.25% Airbnb Rental Income: $2663 Traditional Rental Income: $1803 Airbnb ROI: 7.31% Traditional ROI: 6.25%
2820 Lakeside Circle COVINGTON, GA Welcome to this beautifully well maintained home located in the lavish Enclave at Highgate...	3 beds \| 3 baths \| 1,300 sq.ft.	$230,000	Airbnb cash on cash: 8.66% Traditional cash on cash: 6.06% Airbnb Rental Income: $3139 Traditional Rental Income: $1861 Airbnb ROI: 8.66% Traditional ROI: 6.06%
715 Navajo Trail COVINGTON, GA PRICED TO SELL BRING ALL OFFERS - Come see this renovated beauty today! Newer Granite, LVP...	3 beds \| 2 baths \| 1,416 sq.ft.	$235,000	Airbnb cash on cash: 6.74% Traditional cash on cash: 5.62% Airbnb Rental Income: $2663 Traditional Rental Income: $1783 Airbnb ROI: 6.74% Traditional ROI: 5.62%
150 Newton Ridge COVINGTON, GA Seller Says Sell!! Look at all you get with this home for the price! 4 bedroom 2 bath bric...	4 beds \| 2 baths \| 2,411 sq.ft.	$339,000	Airbnb cash on cash: 8.02% Traditional cash on cash: 5.27% Airbnb Rental Income: $4130 Traditional Rental Income: $2376 Airbnb ROI: 8.02% Traditional ROI: 5.27%
698 Rocky Plains Road COVINGTON, GA Are you looking for affordable option? Here is the home for you! Move in ready nice Ranch ...	3 beds \| 2 baths \| 1,408 sq.ft.	$225,000	Airbnb cash on cash: 7.48% Traditional cash on cash: 6.73% Airbnb Rental Income: $2663 Traditional Rental Income: $1871 Airbnb ROI: 7.48% Traditional ROI: 6.73%
35 Alcovy Forest COVINGTON, GA Welcome to this beautifully maintained property with an array of sought-after features. Th...	4 beds \| 3 baths \| 2,635 sq.ft.	$336,000	Airbnb cash on cash: 8.09% Traditional cash on cash: 6.22% Airbnb Rental Income: $4130 Traditional Rental Income: $2663 Airbnb ROI: 8.09% Traditional ROI: 6.22%
135 Crestfield Circle COVINGTON, GA Welcome to this well maintained home in one of Covington's most charming neighborhood. You...	3 beds \| 3 baths \| 2,050 sq.ft.	$279,900	Airbnb cash on cash: 6.65% Traditional cash on cash: 6.19% Airbnb Rental Income: $3139 Traditional Rental Income: $2304 Airbnb ROI: 6.65% Traditional ROI: 6.19%
30 PIEDMONT Circle COVINGTON, GA Welcome to your dream home in Covington! This stunning 4 bedroom, 4 full bathroom residenc...	4 beds \| 4 baths \| 4,148 sq.ft.	$442,800	Airbnb cash on cash: 5.79% Traditional cash on cash: 6.18% Airbnb Rental Income: $4197 Traditional Rental Income: $3472 Airbnb ROI: 5.79% Traditional ROI: 6.18%
164 Ellis Trail COVINGTON, GA Must see this beautiful ranch home on 2.63+- acres. The large front porch welcomes you int...	3 beds \| 2 baths \| 1,424 sq.ft.	$300,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.44% Airbnb Rental Income: $2663 Traditional Rental Income: $1862 Airbnb ROI: 5.03% Traditional ROI: 4.44%

Real Estate investment in Covington, GA

There are 366 properties for sale in the city of Covington . The median list price in Covington is $329,950 and the average price per square foot is $151. In November 2024, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $2,270.

Covington, GA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 366 investment properties available for sale in Covington.

In 2024, the best neighborhood to buy investment property is Nelson Heights.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $3,083.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

150 Chandler Trace

COVINGTON, GA

3 beds | 3 baths | 1,733 sq.ft.

$299,000

Airbnb cash on cash: 6.97%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $3139

Traditional Rental Income: $2034

Airbnb ROI: 6.97%

Traditional ROI: 5.57%

8115 Parkside Lane

COVINGTON, GA

3 beds | 3 baths | 2,035 sq.ft.

$425,000

Airbnb cash on cash: 2.73%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $2663

Traditional Rental Income: $2305

Airbnb ROI: 2.73%

Traditional ROI: 3.42%

5200 Tew

COVINGTON, GA

3 beds | 3 baths | 1,953 sq.ft.

$230,000

Airbnb cash on cash: 7.62%

Traditional cash on cash: 7.79%

Airbnb Rental Income: $2844

Traditional Rental Income: $2219

Airbnb ROI: 7.62%

Traditional ROI: 7.79%

45 Tulip Poplar Way

COVINGTON, GA

4 beds | 3 baths | 3,034 sq.ft.

$365,000

Airbnb cash on cash: 7.19%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $4130

Traditional Rental Income: $2871

Airbnb ROI: 7.19%

Traditional ROI: 6.08%

20 Quarry

COVINGTON, GA

3 beds | 2 baths | 1,568 sq.ft.

$299,500

Airbnb cash on cash: 5.03%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $2663

Traditional Rental Income: $1863

Airbnb ROI: 5.03%

Traditional ROI: 4.44%

65 Vintage

COVINGTON, GA

3 beds | 2 baths | 1,555 sq.ft.

$275,000

Airbnb cash on cash: 5.5%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $2663

Traditional Rental Income: $1948

Airbnb ROI: 5.5%

Traditional ROI: 5.18%

45 Silver Peak Dr

COVINGTON, GA

5 beds | 5 baths | 4,369 sq.ft.

$510,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.35%

Airbnb Rental Income: $null

Traditional Rental Income: $4518

Airbnb ROI: N/A

Traditional ROI: 7.35%

30 Mildred Lane

COVINGTON, GA

3 beds | 2 baths | 1,387 sq.ft.

$235,000

Airbnb cash on cash: 7.69%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $2844

Traditional Rental Income: $1766

Airbnb ROI: 7.69%