Real Estate Investment Properties for Sale in Covington, TN

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

Explore a variety of short-term homes & houses in Covington, TN. Invest wisely with VRBO & Covington, TN 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, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
426 DIXON Covington, TN Needing more space....4 bedrooms and 2 baths add to the appeal of this brick home. Located...	4 beds \| 2 baths \| N/A	$162,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $2103 Airbnb ROI: N/A Traditional ROI: 11.54%
435 Union Street Covington, TN This darling 3 BR 2Ba brick home would make a great investment for you. Stained concrete f...	3 beds \| 2 baths \| 1,092 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.19% Airbnb Rental Income: $null Traditional Rental Income: $1560 Airbnb ROI: N/A Traditional ROI: 8.19%
426 Dixon Avenue Covington, TN Needing more space....4 bedrooms and 2 baths add to the appeal of this brick home. Located...	4 beds \| 2 baths \| 1,189 sq.ft.	$162,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.79% Airbnb Rental Income: $null Traditional Rental Income: $1841 Airbnb ROI: N/A Traditional ROI: 9.79%
429 PARK Covington, TN Come see this charming historic home in the heart of downtown Covington. This home has a 2...	4 beds \| 2 baths \| N/A	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $2243 Airbnb ROI: N/A Traditional ROI: 6.41%
62 EAGLE TRACE Covington, TN Executive Style Home Built for Entertaining with Golf Course View. Grand entry opens to a ...	3 beds \| 2 baths \| N/A	$394,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $1860 Airbnb ROI: N/A Traditional ROI: 3.05%
482 CULBREATH Covington, TN Wonderful Custom Built one owner home. House is located in the county surrounded by fields...	3 beds \| 2 baths \| N/A	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $1762 Airbnb ROI: N/A Traditional ROI: 3.01%
435 UNION Covington, TN This darling 3 BR 2Ba brick home would make a great investment for you. Stained concrete f...	3 beds \| 2 baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.91% Airbnb Rental Income: $null Traditional Rental Income: $1636 Airbnb ROI: N/A Traditional ROI: 8.91%
712 RAYBURN Covington, TN WOW! This one is priced to sell! Very well maintained home and 1 owner. This 4 bdrm 2 bat...	4 beds \| 2 baths \| N/A	$289,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $2208 Airbnb ROI: N/A Traditional ROI: 6.43%
705 HILL Covington, TN Unique home with approx. 3,000 square feet. Brick, vinyl & double panel windows & metal ro...	5 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.8% Airbnb Rental Income: $null Traditional Rental Income: $2273 Airbnb ROI: N/A Traditional ROI: 8.8%
550 CULBREATH Covington, TN This beautiful stately custom built home offers luxury living at its finest, Enter into a...	4 beds \| 4 baths \| N/A	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $3721 Airbnb ROI: N/A Traditional ROI: 2.63%
506 CHARLESTON GIFT Covington, TN Discover peaceful country living in this beautifully updated 5-bedroom, 3-bathroom home, s...	5 beds \| 3 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.64% Airbnb Rental Income: $null Traditional Rental Income: $2827 Airbnb ROI: N/A Traditional ROI: 11.64%
140 HOLMES Covington, TN SELLER WILL PAY 2% OF BUYER'S CLOSING EXPENSES!! This charming home, located in a well est...	3 beds \| 2 baths \| N/A	$258,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $1744 Airbnb ROI: N/A Traditional ROI: 5.44%
1183 LIBERTY Covington, TN Welcome to your dream home ON 13 acres. When you step inside you will be greeted with new ...	4 beds \| 3 baths \| N/A	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2841 Airbnb ROI: N/A Traditional ROI: 3.52%
220 KINNEY Covington, TN Here is your chance to buy a completely remodeled, move-in ready, 4 bedroom home in Coving...	4 beds \| 2 baths \| N/A	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $1604 Airbnb ROI: N/A Traditional ROI: 4.29%
936 W LIBERTY Covington, TN Great house in the city of Covington with approx 20 acres. Large front porch detached 2 ca...	4 beds \| 3 baths \| N/A	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $2740 Airbnb ROI: N/A Traditional ROI: 4.43%
428 MAIN Covington, TN You are going to love the small town life in this beautiful Historical Home, walking dista...	4 beds \| 2 baths \| N/A	$289,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.43% Airbnb Rental Income: $null Traditional Rental Income: $2517 Airbnb ROI: N/A Traditional ROI: 7.43%
633 OAKVIEW Covington, TN One of a kind, contemporary home with thoughtful layout in move-in condition! Beautiful ho...	4 beds \| 4 baths \| N/A	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.76% Airbnb Rental Income: $null Traditional Rental Income: $3688 Airbnb ROI: N/A Traditional ROI: 9.76%
505 PLEASANT Covington, TN Welcome Home! Discover this beautifully fully renovated single-family home nestled in a fr...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $2332 Airbnb ROI: N/A Traditional ROI: 7.33%
515 EDGEWOOD Covington, TN HO-HO-HOLY COW! Come take a look at this rare opportunity to own a turnkey modernized home...	2 beds \| 1 baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $1037 Airbnb ROI: N/A Traditional ROI: 5.01%
1321 59 Covington, TN Location and good bones! This brick home is ready for someone to make it their own! Locate...	2 beds \| 1 baths \| N/A	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.54% Airbnb Rental Income: $null Traditional Rental Income: $1496 Airbnb ROI: N/A Traditional ROI: 9.54%
402 E PLEASANT Covington, TN Just off the square in Covington, you'll find this 4 bedroom 2 bath renovated jewel. Expe...	4 beds \| 2 baths \| N/A	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 6.96%
139 Harvest Trails Ln Covington, TN Move in ready 5 bed / 4.5 bath home that sits on almost 3 acres!! This house has spacious ...	5 beds \| 5 baths \| 3,982 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $4492 Airbnb ROI: N/A Traditional ROI: 6.64%
2049 MCWILLIAMS Covington, TN This lil cutie is located in the small community of Holly Grove! Remodeled home with matu...	3 beds \| 1 baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $1428 Airbnb ROI: N/A Traditional ROI: 5.8%
325 N College Street Covington, TN 2024 Built New Construction Home! This Home Features: 3 Bedrooms, 2 Full Bathrooms, Spacio...	3 beds \| 2 baths \| 1,170 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.66% Airbnb Rental Income: $null Traditional Rental Income: $1733 Airbnb ROI: N/A Traditional ROI: 9.66%

Real Estate investment in Covington, TN

There are 24 properties for sale in the city of Covington . The median list price in Covington is $225,000 and the average price per square foot is $116. In December 2024, the average monthly cash on cash return in Covington is 7.00%. The average monthly rental income in Covington is $2,170.

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

There are 24 investment properties available for sale in Covington.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, TN

426 DIXON

Covington, TN

4 beds | 2 baths | N/A

$162,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2103

Airbnb ROI: N/A

Traditional ROI: 11.54%

435 Union Street

Covington, TN

3 beds | 2 baths | 1,092 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.19%

Airbnb Rental Income: $null

Traditional Rental Income: $1560

Airbnb ROI: N/A

Traditional ROI: 8.19%

426 Dixon Avenue

Covington, TN

4 beds | 2 baths | 1,189 sq.ft.

$162,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1841

Airbnb ROI: N/A

Traditional ROI: 9.79%

429 PARK

Covington, TN

4 beds | 2 baths | N/A

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2243

Airbnb ROI: N/A

Traditional ROI: 6.41%

62 EAGLE TRACE

Covington, TN

3 beds | 2 baths | N/A

$394,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1860

Airbnb ROI: N/A

Traditional ROI: 3.05%

482 CULBREATH

Covington, TN

3 beds | 2 baths | N/A

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1762

Airbnb ROI: N/A

Traditional ROI: 3.01%

435 UNION

Covington, TN

3 beds | 2 baths | N/A

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.91%

Airbnb Rental Income: $null

Traditional Rental Income: $1636

Airbnb ROI: N/A

Traditional ROI: 8.91%

712 RAYBURN

Covington, TN

4 beds | 2 baths | N/A

$289,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.43%

Airbnb Rental Income: $null

Traditional Rental Income: $2208

Airbnb ROI: N/A