Real Estate Investment Properties for Sale in Covington, VA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1109 Cherokee Trl Covington, VA Nestled in the neighborhood of Cherokee Forest, this 4-Bedroom 2 bath split level home off...	4 beds \| 2 baths \| 1,888 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 6.09%
1113 cherokee Trl Covington, VA Move in ready brick ranch home, located in Cherokee Forest. You will find a new metal roo...	3 beds \| 2 baths \| 1,800 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.72% Airbnb Rental Income: $null Traditional Rental Income: $2041 Airbnb ROI: N/A Traditional ROI: 7.72%
215 E Chestnut St Covington, VA This immaculate home is a must see! This charmer is sure to check all the boxes. Completed...	4 beds \| 2 baths \| 1,900 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.71% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 11.71%
757 E Carolton Dr Covington, VA New home without the new build price! Completely renovated stunning 5 Bedrooms, 3 full Bat...	5 beds \| 3 baths \| 2,549 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $2963 Airbnb ROI: N/A Traditional ROI: 6.19%
1330 S Day Place Pl Covington, VA gorgeous custom built home that wastes no space. Has 2 car drive in garage at street level...	4 beds \| 3 baths \| 3,240 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2586 Airbnb ROI: N/A Traditional ROI: 7.42%
503 N Rockbridge Ave Covington, VA Welcome to this beautifully updated 3-bedroom, 1-bathroom home, perfect for families and i...	3 beds \| 1 baths \| 888 sq.ft.	$110,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.19% Airbnb Rental Income: $null Traditional Rental Income: $1381 Airbnb ROI: N/A Traditional ROI: 10.19%
2508 S Carpenter DR Covington, VA COME TAKE A LOOK AT THIS CHARMING BRICK RANCH!!! This 2100 sq. ft. ranch home offers four ...	4 beds \| 2 baths \| 2,110 sq.ft.	$229,995	Airbnb cash on cash: N/A Traditional cash on cash: 8.44% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 8.44%
200 Clearwater Cir Covington, VA This split level home is located in the desirable neighborhood of Clearwater Park. This h...	3 beds \| 2 baths \| 1,673 sq.ft.	$229,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $1634 Airbnb ROI: N/A Traditional ROI: 5.62%
141 N Court Ave Covington, VA	3 beds \| 2 baths \| 2,053 sq.ft.	$172,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.87% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 8.87%
1304 W Jackson St Covington, VA Don't miss out on this cute brick home that is ready to make lots of memories for you and ...	3 beds \| 2 baths \| 1,309 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.16% Airbnb Rental Income: $null Traditional Rental Income: $1848 Airbnb ROI: N/A Traditional ROI: 10.16%
312 S Craig Ave Covington, VA CHARMER ALERT! This cottage brings all the charm and coziness there is to offer. This styl...	3 beds \| 1 baths \| 1,000 sq.ft.	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.61% Airbnb Rental Income: $null Traditional Rental Income: $1681 Airbnb ROI: N/A Traditional ROI: 10.61%
1249 S Mound Ave Covington, VA If you're looking for a home with personality, charm, and modern amenities, this split lev...	3 beds \| 2 baths \| 1,500 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.15% Airbnb Rental Income: $null Traditional Rental Income: $1914 Airbnb ROI: N/A Traditional ROI: 8.15%
1708 Midland Trl Covington, VA Charming 3- bedroom 2-bath home featuring a convenient first floor master suite, stunning ...	3 beds \| 2 baths \| 1,570 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $1897 Airbnb ROI: N/A Traditional ROI: 10.23%

Real Estate investment in Covington, VA

There are 13 properties for sale in the city of Covington . The median list price in Covington is $183,500 and the average price per square foot is $104. In December 2024, the average monthly cash on cash return in Covington is 9.00%. The average monthly rental income in Covington is $1,906.

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

There are 13 investment properties available for sale in Covington.

In 2024, the best neighborhood to buy investment property is 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, VA

1109 Cherokee Trl

Covington, VA

4 beds | 2 baths | 1,888 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2110

Airbnb ROI: N/A

Traditional ROI: 6.09%

1113 cherokee Trl

Covington, VA

3 beds | 2 baths | 1,800 sq.ft.

$224,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2041

Airbnb ROI: N/A

Traditional ROI: 7.72%

215 E Chestnut St

Covington, VA

4 beds | 2 baths | 1,900 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2211

Airbnb ROI: N/A

Traditional ROI: 11.71%

757 E Carolton Dr

Covington, VA

5 beds | 3 baths | 2,549 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2963

Airbnb ROI: N/A

Traditional ROI: 6.19%

1330 S Day Place Pl

Covington, VA

4 beds | 3 baths | 3,240 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2586

Airbnb ROI: N/A

Traditional ROI: 7.42%

503 N Rockbridge Ave

Covington, VA

3 beds | 1 baths | 888 sq.ft.

$110,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.19%

Airbnb Rental Income: $null

Traditional Rental Income: $1381

Airbnb ROI: N/A

Traditional ROI: 10.19%

2508 S Carpenter DR

Covington, VA

4 beds | 2 baths | 2,110 sq.ft.

$229,995

Airbnb cash on cash: N/A

Traditional cash on cash: 8.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2289

Airbnb ROI: N/A

Traditional ROI: 8.44%

200 Clearwater Cir

Covington, VA

3 beds | 2 baths | 1,673 sq.ft.

$229,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1634

Airbnb ROI: N/A