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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
170 Chandler Trace COVINGTON, GA Welcome to your future home and new construction home a stunning property that has been ta...	4 beds \| 3 baths \| 1,733 sq.ft.	$299,500	Airbnb cash on cash: 8.9% Traditional cash on cash: 5.64% Airbnb Rental Income: $3796 Traditional Rental Income: $2056 Airbnb ROI: 8.9% Traditional ROI: 5.64%
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.	$299,900	Airbnb cash on cash: 6.97% Traditional cash on cash: 5.55% Airbnb Rental Income: $3149 Traditional Rental Income: $2034 Airbnb ROI: 6.97% Traditional ROI: 5.55%
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: 2.82% Traditional cash on cash: 3.42% Airbnb Rental Income: $2708 Traditional Rental Income: $2305 Airbnb ROI: 2.82% Traditional ROI: 3.42%
60 Silver Willow Court COVINGTON, GA Immaculate home in the heart of Covington just minutes away from Covington Square, shops, ...	4 beds \| 3 baths \| 2,928 sq.ft.	$364,900	Airbnb cash on cash: 6.37% Traditional cash on cash: 5.43% Airbnb Rental Income: $3796 Traditional Rental Income: $2653 Airbnb ROI: 6.37% Traditional ROI: 5.43%
30 Emily Court COVINGTON, GA This immaculate Home is just in time for the holidays! Main level is Warmed by stacked sto...	4 beds \| 4 baths \| 2,920 sq.ft.	$379,000	Airbnb cash on cash: 5.93% Traditional cash on cash: 6.59% Airbnb Rental Income: $3796 Traditional Rental Income: $3208 Airbnb ROI: 5.93% Traditional ROI: 6.59%
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: 9.04% Traditional cash on cash: 6.08% Airbnb Rental Income: $4891 Traditional Rental Income: $2871 Airbnb ROI: 9.04% 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: 5.17% Traditional cash on cash: 4.44% Airbnb Rental Income: $2708 Traditional Rental Income: $1863 Airbnb ROI: 5.17% 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: 5.64% Traditional cash on cash: 5.18% Airbnb Rental Income: $2708 Traditional Rental Income: $1948 Airbnb ROI: 5.64% Traditional ROI: 5.18%
45 Silver Peak Drive COVINGTON, GA Luxury Living in Covington! Primary on Main, Finished Basement, and Private Fenced Yard! ...	5 beds \| 5 baths \| 4,369 sq.ft.	$499,500	Airbnb cash on cash: 4.89% Traditional cash on cash: 7.52% Airbnb Rental Income: $4174 Traditional Rental Income: $4518 Airbnb ROI: 4.89% Traditional ROI: 7.52%
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: 7.6% Traditional cash on cash: 5.82% Airbnb Rental Income: $2820 Traditional Rental Income: $1766 Airbnb ROI: 7.6% 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: 5.01% Traditional cash on cash: 4.64% Airbnb Rental Income: $2820 Traditional Rental Income: $2051 Airbnb ROI: 5.01% Traditional ROI: 4.64%
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.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 5.53%
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: 1.86% Traditional cash on cash: 2.58% Airbnb Rental Income: $1780 Traditional Rental Income: $1547 Airbnb ROI: 1.86% Traditional ROI: 2.58%
60 Hammock Drive COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to your dream home! Thi...	3 beds \| 3 baths \| 2,728 sq.ft.	$380,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.67% Airbnb Rental Income: $2708 Traditional Rental Income: $2489 Airbnb ROI: 3.48% Traditional ROI: 4.67%
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.	$254,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.47% Airbnb Rental Income: $null Traditional Rental Income: $1862 Airbnb ROI: N/A Traditional ROI: 5.47%
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.	$272,000	Airbnb cash on cash: 6.94% Traditional cash on cash: 4.55% Airbnb Rental Income: $3149 Traditional Rental Income: $1824 Airbnb ROI: 6.94% Traditional ROI: 4.55%
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.	$354,900	Airbnb cash on cash: 9.59% Traditional cash on cash: 5.56% Airbnb Rental Income: $4891 Traditional Rental Income: $2543 Airbnb ROI: 9.59% Traditional ROI: 5.56%
160 Cross COVINGTON, GA Come see this beautiful, well maintained, custom built home, sitting on 35.89 acres with p...	4 beds \| 2 baths \| 2,725 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $2644 Airbnb ROI: N/A Traditional ROI: 2.06%
160 Cross Road COVINGTON, GA Come see this beautiful, well maintained, custom built home, sitting on 35.89 acres with p...	4 beds \| 2 baths \| 2,725 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.77% Airbnb Rental Income: $null Traditional Rental Income: $2427 Airbnb ROI: N/A Traditional ROI: 1.77%
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.	$319,900	Airbnb cash on cash: 5.81% Traditional cash on cash: 5.5% Airbnb Rental Income: $3149 Traditional Rental Income: $2342 Airbnb ROI: 5.81% Traditional ROI: 5.5%
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: 7.3% Traditional cash on cash: 4.77% Airbnb Rental Income: $3257 Traditional Rental Income: $1827 Airbnb ROI: 7.3% Traditional ROI: 4.77%
80 Belmont Circle COVINGTON, GA Answer your phone before it's too late!!! This nearly 2 acre level lot is calling you to i...	3 beds \| 2 baths \| 1,435 sq.ft.	$279,900	Airbnb cash on cash: 5.49% Traditional cash on cash: 4.64% Airbnb Rental Income: $2708 Traditional Rental Income: $1843 Airbnb ROI: 5.49% Traditional ROI: 4.64%
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%
1517 Davis Ford Road COVINGTON, GA Picturesque log cabin in the woods! The seller has made countless upgrades inside and outs...	4 beds \| 3 baths \| 1,914 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $2339 Airbnb ROI: N/A Traditional ROI: 4.29%
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: 6.91% Traditional cash on cash: 6.9% Airbnb Rental Income: $2516 Traditional Rental Income: $1906 Airbnb ROI: 6.91% Traditional ROI: 6.9%
6460 Highway 20 S COVINGTON, GA This inviting home is brimming with character and offers a fantastic opportunity for you t...	3 beds \| 2 baths \| 1,956 sq.ft.	$240,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 7.27% Airbnb Rental Income: $2820 Traditional Rental Income: $2093 Airbnb ROI: 7.57% Traditional ROI: 7.27%
6460 Highway 20 COVINGTON, GA This inviting home is brimming with character and offers a fantastic opportunity for you t...	3 beds \| 2 baths \| 1,956 sq.ft.	$240,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 7.32% Airbnb Rental Income: $2820 Traditional Rental Income: $2105 Airbnb ROI: 7.57% Traditional ROI: 7.32%
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%
75 Otelia Lane COVINGTON, GA FIX and FLIP, RENT or FIX and LIVE home on almost 1 ACRE. NEW ROOF, WINDOWS AND FASCIA. Gr...	3 beds \| 2 baths \| 2,268 sq.ft.	$178,000	Airbnb cash on cash: 8.83% Traditional cash on cash: 11.08% Airbnb Rental Income: $2562 Traditional Rental Income: $2327 Airbnb ROI: 8.83% Traditional ROI: 11.08%
25 Salem Branch Court COVINGTON, GA Welcome home to this spacious 3/2 located in a very quiet cul-de-sac in Salem Branch subdi...	3 beds \| 2 baths \| 2,188 sq.ft.	$315,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 4.66% Airbnb Rental Income: $2820 Traditional Rental Income: $2000 Airbnb ROI: 5.2% Traditional ROI: 4.66%
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.	$790,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $2801 Airbnb ROI: N/A Traditional ROI: 2.14%
4109 Francis COVINGTON, GA PRICE REDUCED!!!!!Location, Location, Location! Great home in the Historic District of Cov...	4 beds \| 2 baths \| 1,400 sq.ft.	$259,999	Airbnb cash on cash: 9.95% Traditional cash on cash: 5.51% Airbnb Rental Income: $3796 Traditional Rental Income: $1885 Airbnb ROI: 9.95% Traditional ROI: 5.51%
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: 8.24% Traditional cash on cash: 6.86% Airbnb Rental Income: $3796 Traditional Rental Income: $2567 Airbnb ROI: 8.24% 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: 4.46% Traditional cash on cash: 2.99% Airbnb Rental Income: $4891 Traditional Rental Income: $2996 Airbnb ROI: 4.46% 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: 7.49% Traditional cash on cash: 6.25% Airbnb Rental Income: $2708 Traditional Rental Income: $1803 Airbnb ROI: 7.49% Traditional ROI: 6.25%
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: 6.91% Traditional cash on cash: 5.62% Airbnb Rental Income: $2708 Traditional Rental Income: $1783 Airbnb ROI: 6.91% Traditional ROI: 5.62%
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: 4.98% Traditional cash on cash: 6.18% Airbnb Rental Income: $3796 Traditional Rental Income: $3472 Airbnb ROI: 4.98% 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: 5.17% Traditional cash on cash: 4.44% Airbnb Rental Income: $2708 Traditional Rental Income: $1862 Airbnb ROI: 5.17% Traditional ROI: 4.44%
120 Aspen Forest Drive COVINGTON, GA Welcome to a beautiful home in an established neighborhood. This home has more than meets ...	4 beds \| 3 baths \| 2,136 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $2051 Airbnb ROI: N/A Traditional ROI: 4.72%

Real Estate investment in Covington, GA

There are 365 properties for sale in the city of Covington . The median list price in Covington is $335,500 and the average price per square foot is $150. In December 2024, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $2,331.

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

There are 365 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 $3,149.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

170 Chandler Trace

COVINGTON, GA

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

$299,500

Airbnb cash on cash: 8.9%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $3796

Traditional Rental Income: $2056

Airbnb ROI: 8.9%

Traditional ROI: 5.64%

150 Chandler Trace

COVINGTON, GA

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

$299,900

Airbnb cash on cash: 6.97%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $3149

Traditional Rental Income: $2034

Airbnb ROI: 6.97%

Traditional ROI: 5.55%

8115 Parkside Lane

COVINGTON, GA

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

$425,000

Airbnb cash on cash: 2.82%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $2708

Traditional Rental Income: $2305

Airbnb ROI: 2.82%

Traditional ROI: 3.42%

60 Silver Willow Court

COVINGTON, GA

4 beds | 3 baths | 2,928 sq.ft.

$364,900

Airbnb cash on cash: 6.37%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $3796

Traditional Rental Income: $2653

Airbnb ROI: 6.37%

Traditional ROI: 5.43%

30 Emily Court

COVINGTON, GA

4 beds | 4 baths | 2,920 sq.ft.

$379,000

Airbnb cash on cash: 5.93%

Traditional cash on cash: 6.59%

Airbnb Rental Income: $3796

Traditional Rental Income: $3208

Airbnb ROI: 5.93%

Traditional ROI: 6.59%

45 Tulip Poplar Way

COVINGTON, GA

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

$365,000

Airbnb cash on cash: 9.04%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $4891

Traditional Rental Income: $2871

Airbnb ROI: 9.04%

Traditional ROI: 6.08%

20 Quarry

COVINGTON, GA

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

$299,500

Airbnb cash on cash: 5.17%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $2708

Traditional Rental Income: $1863

Airbnb ROI: 5.17%

Traditional ROI: 4.44%

65 Vintage

COVINGTON, GA

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

$275,000

Airbnb cash on cash: 5.64%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $2708

Traditional Rental Income: $1948

Airbnb ROI: 5.64%