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
55 Tall Oak Trail COVINGTON, GA Yes!!! You can afford to HAVE IT ALL!!! This home checks ALL your boxes and is in a 100% f...	3 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.83% Airbnb Rental Income: $1623 Traditional Rental Income: $1998 Airbnb ROI: 1.88% Traditional ROI: 4.83%
8370 Fairway Dr COVINGTON, GA A fantastic opportunity to live in one of Covington's most loved communities! This 3-bedro...	3 beds \| 2 baths \| 2,669 sq.ft.	$440,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.55% Airbnb Rental Income: $1338 Traditional Rental Income: $2475 Airbnb ROI: -0.21% Traditional ROI: 3.55%
1599 Lower River Rd COVINGTON, GA Beautiful home on wooded acreage nestled off the beaten path. This home has picturesque v...	5 beds \| 2 baths \| 3,016 sq.ft.	$625,000	Airbnb cash on cash: -0.25% Traditional cash on cash: N/A Airbnb Rental Income: $1123 Traditional Rental Income: $0 Airbnb ROI: -0.25% Traditional ROI: N/A
70 Alcovy Reserve Way COVINGTON, GA Welcome to this stunning 4-bedroom, 3.5-bath, two-story European-style home nestled in a q...	4 beds \| 2 baths \| 4,535 sq.ft.	$519,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3% Airbnb Rental Income: $1863 Traditional Rental Income: $2518 Airbnb ROI: 0.62% Traditional ROI: 3%
6191 Indian Creek Cir SW COVINGTON, GA This all-brick ranch sits on a corner lot and offers a fantastic mix of charm, space, and ...	3 beds \| 2 baths \| 1,951 sq.ft.	$244,900	Airbnb cash on cash: 6.57% Traditional cash on cash: 7.16% Airbnb Rental Income: $2694 Traditional Rental Income: $2193 Airbnb ROI: 6.57% Traditional ROI: 7.16%
70 Camerons Way COVINGTON, GA This brick front ranch style home is on a full unfinished basement. This beauty is a must ...	3 beds \| 2 baths \| 1,774 sq.ft.	$299,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.76% Airbnb Rental Income: $1797 Traditional Rental Income: $1633 Airbnb ROI: 2.61% Traditional ROI: 3.76%
230 Forest Brook Dr COVINGTON, GA Charming 3 bed 3 bath ranch home. Mother in law suite with attached bonus room. Big bright...	3 beds \| 3 baths \| 1,922 sq.ft.	$315,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.77% Airbnb Rental Income: $1797 Traditional Rental Income: $1633 Airbnb ROI: 2.67% Traditional ROI: 3.77%
1041 Flat Rock Road COVINGTON, GA Waterfront property! Come take a look at this 4 side brick full finished basement home. Gr...	4 beds \| 4 baths \| 4,338 sq.ft.	$599,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.91% Airbnb Rental Income: $2118 Traditional Rental Income: $3955 Airbnb ROI: 0.66% Traditional ROI: 4.91%
14340 Brown Bridge Road COVINGTON, GA Welcome to 14340 Brown Bridge Road-a place where life slows down and space invites you to ...	3 beds \| 2 baths \| 1,990 sq.ft.	$220,000	Airbnb cash on cash: 7.16% Traditional cash on cash: 7.87% Airbnb Rental Income: $2694 Traditional Rental Income: $2204 Airbnb ROI: 7.16% Traditional ROI: 7.87%
595 Ridgeway Road COVINGTON, GA Welcome to this charming and versatile 3-bedroom, 3-bath ranch-style home, offering comfor...	3 beds \| 3 baths \| N/A	$319,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.48% Airbnb Rental Income: $1623 Traditional Rental Income: $2624 Airbnb ROI: 1.61% Traditional ROI: 6.48%
1623 Pratt Rd COVINGTON, GA Tucked away on a tranquil 2-acre lot, this beautiful 5-bedroom, 3-bathroom home masterfull...	5 beds \| 3 baths \| 3,255 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.87% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 3.87%
472 Oak Hill Road COVINGTON, GA Welcome to this well-maintained RANCH on a spacious, sprawling lot, offering the perfect b...	3 beds \| 2 baths \| 1,424 sq.ft.	$270,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 4.9% Airbnb Rental Income: $2694 Traditional Rental Income: $1818 Airbnb ROI: 5.83% Traditional ROI: 4.9%
70 Countryside Ln COVINGTON, GA Welcome to this charming, fully updated 3-bedroom, 2-bath ranch nestled on a generous 0.6-...	3 beds \| 2 baths \| 1,701 sq.ft.	$249,900	Airbnb cash on cash: 6.46% Traditional cash on cash: 6.82% Airbnb Rental Income: $2694 Traditional Rental Income: $2140 Airbnb ROI: 6.46% Traditional ROI: 6.82%
115 Willow Springs Dr COVINGTON, GA Great location conveniently located.Main floor features vaulted ceiling in large family ro...	4 beds \| 2 baths \| 2,220 sq.ft.	$349,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.46% Airbnb Rental Income: $1863 Traditional Rental Income: $1881 Airbnb ROI: 1.88% Traditional ROI: 3.46%
115 Cross Creek Dr COVINGTON, GA Great ranch in more than one acre. Three bedrooms and two full baths. Kitchen with white c...	3 beds \| 2 baths \| 1,312 sq.ft.	$223,000	Airbnb cash on cash: 8.26% Traditional cash on cash: 6.36% Airbnb Rental Income: $2694 Traditional Rental Income: $1656 Airbnb ROI: 8.26% Traditional ROI: 6.36%
135 Flowers Drive COVINGTON, GA Welcome to this spacious ranch-style home situated on a large, level lot-offering both com...	3 beds \| 2 baths \| 2,405 sq.ft.	$199,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 8.88% Airbnb Rental Income: $1797 Traditional Rental Income: $2226 Airbnb ROI: 4.02% Traditional ROI: 8.88%
15 Glen Echo Dr COVINGTON, GA Mighty beautiful 5 bedroom 3.5 bath located at end of cul-de-sac. A must see. Plenty of s...	4 beds \| 3 baths \| 3,172 sq.ft.	$415,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 2.77% Airbnb Rental Income: $1863 Traditional Rental Income: $1881 Airbnb ROI: 1.44% Traditional ROI: 2.77%
395 Alcovy Trestle Road COVINGTON, GA Looking for space to spread out? This home is perfectly situated on 2.4 acres, away from t...	4 beds \| 3 baths \| 2,550 sq.ft.	$424,999	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.96% Airbnb Rental Income: $2118 Traditional Rental Income: $2482 Airbnb ROI: 1.69% Traditional ROI: 3.96%
205 Woodcrest Dr COVINGTON, GA Welcome to 205 Woodcrest Drive, a beautifully maintained residence offering comfort, style...	3 beds \| 2 baths \| 1,435 sq.ft.	$260,000	Airbnb cash on cash: 6.14% Traditional cash on cash: 5.26% Airbnb Rental Income: $2694 Traditional Rental Income: $1839 Airbnb ROI: 6.14% Traditional ROI: 5.26%
70 Mountainside Lane COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this beautifully upd...	3 beds \| 2 baths \| 1,628 sq.ft.	$275,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.13% Airbnb Rental Income: $1338 Traditional Rental Income: $1919 Airbnb ROI: 1.3% Traditional ROI: 5.13%
90 Streamside Dr COVINGTON, GA 2.71% Rate Assumable FHA with Roam! BACK ON THE MARKET AT NO FAULT OF THE SELLER!! Step in...	4 beds \| 3 baths \| 2,193 sq.ft.	$400,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 3.85% Airbnb Rental Income: $1955 Traditional Rental Income: $2289 Airbnb ROI: 1.59% Traditional ROI: 3.85%
8384 Fairway Dr COVINGTON, GA 8384 Fairway Dr, COVINGTON, GA 30014 \| Single Family Residential	3 beds \| 2 baths \| 2,356 sq.ft.	$437,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.99% Airbnb Rental Income: $1338 Traditional Rental Income: $1610 Airbnb ROI: 0.32% Traditional ROI: 1.99%
115 Sagebrush Trl COVINGTON, GA 115 Sagebrush Trl, COVINGTON, GA 30014 \| Single Family Residential	4 beds \| 2 baths \| 3,285 sq.ft.	$350,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.37% Airbnb Rental Income: $1863 Traditional Rental Income: $1881 Airbnb ROI: 1.79% Traditional ROI: 3.37%
225 Dairyland Dr COVINGTON, GA This beautifully updated, move-in-ready home offers comfort and style, featuring 3 bedroom...	3 beds \| 2 baths \| 1,826 sq.ft.	$320,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 3.72% Airbnb Rental Income: $2694 Traditional Rental Income: $1939 Airbnb ROI: 4.11% Traditional ROI: 3.72%
145 Vinnys Ter COVINGTON, GA 2 story beauty in East Newton County gives the feel of country living but is located just ...	3 beds \| 2 baths \| 1,916 sq.ft.	$355,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.48% Airbnb Rental Income: $1623 Traditional Rental Income: $2224 Airbnb ROI: 1.3% Traditional ROI: 4.48%
230 Oak Meadows Pl COVINGTON, GA Seller may consider buyer concessions if made in an offer. Move-in ready in Covington's 30...	4 beds \| 3 baths \| 2,112 sq.ft.	$300,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 5.85% Airbnb Rental Income: $1863 Traditional Rental Income: $2297 Airbnb ROI: 2.55% Traditional ROI: 5.85%
105 Rivermist Dr COVINGTON, GA Beautifully updated 3 BR/2BA home in the quiet subdivision with NO HOA! This home features...	3 beds \| 2 baths \| 1,306 sq.ft.	$299,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.17% Airbnb Rental Income: $1623 Traditional Rental Income: $1746 Airbnb ROI: 2.11% Traditional ROI: 4.17%
45 Sunset Ct COVINGTON, GA Is there a 3-bed ranch in Covington on a private lot? Yes: 45 Sunset Ct is tucked into a q...	3 beds \| 2 baths \| 1,525 sq.ft.	$275,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.08% Airbnb Rental Income: $1797 Traditional Rental Income: $1887 Airbnb ROI: 2.84% Traditional ROI: 5.08%
50 Butler Bridge Cir COVINGTON, GA Step into this charming home that combines comfort, space, and style. As you enter the inv...	4 beds \| 2 baths \| 2,216 sq.ft.	$315,000	Airbnb cash on cash: 9.88% Traditional cash on cash: 5.37% Airbnb Rental Income: $4585 Traditional Rental Income: $2297 Airbnb ROI: 9.88% Traditional ROI: 5.37%
160 Cross Rd COVINGTON, GA Welcome to 160 Cross Road, a custom rural retreat nestled in the heart of Covington, GA. T...	4 beds \| 2 baths \| 2,725 sq.ft.	$750,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.68% Airbnb Rental Income: $1863 Traditional Rental Income: $2427 Airbnb ROI: 0.16% Traditional ROI: 1.68%
165 Bentley Place Way COVINGTON, GA 165 Bentley Place Way, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 2 baths \| 1,575 sq.ft.	$225,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 5.26% Airbnb Rental Income: $1955 Traditional Rental Income: $1620 Airbnb ROI: 4.41% Traditional ROI: 5.26%
25 Shady Oaks Trl COVINGTON, GA Don't Miss This One! Welcome to this stunning 3BR/2.5BA gem tucked inside the highly sough...	3 beds \| 2 baths \| 1,639 sq.ft.	$285,000	Airbnb cash on cash: 5.81% Traditional cash on cash: 5.4% Airbnb Rental Income: $2847 Traditional Rental Income: $2074 Airbnb ROI: 5.81% Traditional ROI: 5.4%
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: 2.8% Traditional cash on cash: 4.77% Airbnb Rental Income: $1763 Traditional Rental Income: $1827 Airbnb ROI: 2.8% Traditional ROI: 4.77%
195 McCord Street COVINGTON, GA This beautifully updated 3-bedroom, 2-bath home is move-in ready with a NEW roof, NEW HVAC...	3 beds \| 2 baths \| 2,130 sq.ft.	$309,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.82% Airbnb Rental Income: $1797 Traditional Rental Income: $2385 Airbnb ROI: 2.13% Traditional ROI: 5.82%
215 Morningside Dr COVINGTON, GA Welcome home to this beautifully renovated 3-bedroom, 2-bath bungalow located in a quiet, ...	3 beds \| 2 baths \| 1,840 sq.ft.	$289,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.36% Airbnb Rental Income: $1338 Traditional Rental Income: $2221 Airbnb ROI: 1.6% Traditional ROI: 6.36%
140 Stewart Glen Drive COVINGTON, GA Time to celebrate!!! You DON'T have to SETTLE for a small lot in an HOA restricted communi...	5 beds \| 3 baths \| 3,140 sq.ft.	$400,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.32% Airbnb Rental Income: $1123 Traditional Rental Income: $2807 Airbnb ROI: -0.17% Traditional ROI: 5.32%
9122 Golfview Cir COVINGTON, GA Located just outside historic downtown Covington, where charming shops, delicious restaura...	4 beds \| 2 baths \| 2,234 sq.ft.	$330,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 5.32% Airbnb Rental Income: $1863 Traditional Rental Income: $2513 Airbnb ROI: 1.61% Traditional ROI: 5.32%
50 Walnut Ridge Court COVINGTON, GA Beautiful 1 story home with a full finished basement that includes a second kitchen. Walk ...	5 beds \| 5 baths \| 5,432 sq.ft.	$474,500	Airbnb cash on cash: -0.47% Traditional cash on cash: 8.64% Airbnb Rental Income: $1123 Traditional Rental Income: $4791 Airbnb ROI: -0.47% Traditional ROI: 8.64%
65 Avery Dr COVINGTON, GA Beautifully maintained home with adorable rocking chair front porch in quiet established n...	4 beds \| 2 baths \| 2,252 sq.ft.	$290,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 4.75% Airbnb Rental Income: $1863 Traditional Rental Income: $1881 Airbnb ROI: 2.86% Traditional ROI: 4.75%

Real Estate investment in Covington, GA

There are 595 properties for sale in the city of Covington . The median list price in Covington is $319,000 and the average price per square foot is $146. In January 2026, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $1,881.

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

There are 595 investment properties available for sale in Covington.

In 2026, the best neighborhood to buy investment property is Sandhill-Texas Alley.

The ROI for Long-Term is higher than the Short-Term in Covington with average rental income of $1,881.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

55 Tall Oak Trail

COVINGTON, GA

3 beds | 2 baths | N/A

$300,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1623

Traditional Rental Income: $1998

Airbnb ROI: 1.88%

Traditional ROI: 4.83%

8370 Fairway Dr

COVINGTON, GA

3 beds | 2 baths | 2,669 sq.ft.

$440,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1338

Traditional Rental Income: $2475

Airbnb ROI: -0.21%

Traditional ROI: 3.55%

1599 Lower River Rd

COVINGTON, GA

5 beds | 2 baths | 3,016 sq.ft.

$625,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: N/A

Airbnb Rental Income: $1123

Traditional Rental Income: $0

Airbnb ROI: -0.25%

Traditional ROI: N/A

70 Alcovy Reserve Way

COVINGTON, GA

4 beds | 2 baths | 4,535 sq.ft.

$519,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3%

Airbnb Rental Income: $1863

Traditional Rental Income: $2518

Airbnb ROI: 0.62%

Traditional ROI: 3%

6191 Indian Creek Cir SW

COVINGTON, GA

3 beds | 2 baths | 1,951 sq.ft.

$244,900

Airbnb cash on cash: 6.57%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $2694

Traditional Rental Income: $2193

Airbnb ROI: 6.57%

Traditional ROI: 7.16%

70 Camerons Way

COVINGTON, GA

3 beds | 2 baths | 1,774 sq.ft.

$299,900

Airbnb cash on cash: 2.61%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1797

Traditional Rental Income: $1633

Airbnb ROI: 2.61%

Traditional ROI: 3.76%

230 Forest Brook Dr

COVINGTON, GA

3 beds | 3 baths | 1,922 sq.ft.

$315,000

Airbnb cash on cash: 2.67%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1797

Traditional Rental Income: $1633

Airbnb ROI: 2.67%

Traditional ROI: 3.77%

1041 Flat Rock Road

COVINGTON, GA

4 beds | 4 baths | 4,338 sq.ft.

$599,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2118

Traditional Rental Income: $3955

Airbnb ROI: 0.66%