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
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.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2475 Airbnb ROI: N/A Traditional ROI: 3.82%
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: N/A Traditional cash on cash: 2.15% Airbnb Rental Income: $null Traditional Rental Income: $2147 Airbnb ROI: N/A Traditional ROI: 2.15%
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.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 3.28%
6191 Indian Creek Circle SW COVINGTON, GA This all-brick ranch sits on a corner lot and offers a fantastic mix of charm, space, and ...	3 beds \| 3 baths \| 1,951 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.64% Airbnb Rental Income: $null Traditional Rental Income: $2193 Airbnb ROI: N/A Traditional ROI: 8.64%
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: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $3955 Airbnb ROI: N/A Traditional ROI: 4.91%
10100 Clearview Dr NW COVINGTON, GA INSTANT EQUITY OPPORTUNITY! Priced at $225,000 for a quick sale-well below the recent 1/8/...	3 beds \| 2 baths \| 1,490 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $1454 Airbnb ROI: N/A Traditional ROI: 4.2%
70 Countryside Lane COVINGTON, GA Welcome to this beautifully updated 3-bedroom, 2-bath ranch home, perfectly situated on a ...	3 beds \| 2 baths \| 1,701 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2140 Airbnb ROI: N/A Traditional ROI: 7.13%
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.	$344,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $1876 Airbnb ROI: N/A Traditional ROI: 3.52%
225 Hardwood Dr COVINGTON, GA A place to call home in a well established community. This home offers a wooded .62 acre ...	3 beds \| 2 baths \| 1,556 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 3.84%
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: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2155 Airbnb ROI: N/A Traditional ROI: 3.47%
70 Birch Rd COVINGTON, GA Adorable lake front home on deeded lot. Enjoy the lake year round from the sun room. Quiet...	4 beds \| 1 baths \| 1,368 sq.ft.	$287,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $1305 Airbnb ROI: N/A Traditional ROI: 2.94%
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.	$399,800	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 4.27%
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.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $1839 Airbnb ROI: N/A Traditional ROI: 5.51%
35 Stewart Hollow Ln COVINGTON, GA 35 Stewart Hollow Ln, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 2 baths \| 1,862 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $1784 Airbnb ROI: N/A Traditional ROI: 3.9%
4927 Salem Rd COVINGTON, GA Beautiful cottage style home, complete with a garden/fire pit perfect for hanging out/host...	3 beds \| 1 baths \| 2,264 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 3.04%
8384 Fairway Dr COVINGTON, GA 8384 Fairway Dr, COVINGTON, GA 30014 \| Single Family Residential	3 beds \| 2 baths \| 2,237 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $1870 Airbnb ROI: N/A Traditional ROI: 2.88%
375 Stone Ridge Way COVINGTON, GA **As of April 10, 2026 the owners are no longer accepting offers or showings on this prope...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $1873 Airbnb ROI: N/A Traditional ROI: 5.15%
3410 Pilot Road COVINGTON, GA Welcome to a home that perfectly blends thoughtful design, comfort, and outdoor charm. Thi...	4 beds \| 3 baths \| 2,748 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $2674 Airbnb ROI: N/A Traditional ROI: 2.85%
4153 Raphael St COVINGTON, GA LOOKING FOR YOUR NEW HOME NEAR THE COVINGTON HISTORIC SQUARE? LOOK NO FURTHER. LOCATED IN ...	2 beds \| 2 baths \| 1,516 sq.ft.	$328,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $1822 Airbnb ROI: N/A Traditional ROI: 3.42%
230 Oak Meadows Place 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.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $2297 Airbnb ROI: N/A Traditional ROI: 5.98%
20 Buck Creek Dr COVINGTON, GA 20 Buck Creek Dr, COVINGTON, GA 30016 \| Single Family Residential	3 beds \| 2 baths \| 1,484 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $1589 Airbnb ROI: N/A Traditional ROI: 4.34%
1020 Thornwood Circle COVINGTON, GA Welcome to your new home at 1020 Thornwood Circle in Covington, GA. This beautiful 4-bedro...	4 beds \| 4 baths \| 3,036 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $3659 Airbnb ROI: N/A Traditional ROI: 7.76%
1020 Thornwood COVINGTON, GA Welcome to your new home at 1020 Thornwood Circle in Covington, GA. This beautiful 4-bedro...	4 beds \| 4 baths \| 3,672 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $3772 Airbnb ROI: N/A Traditional ROI: 8.07%
170 Camerons Way COVINGTON, GA The spacious living area at 170 Camerons Way centers around a fireplace. The kitchen is a ...	3 beds \| 2 baths \| 3,431 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $1656 Airbnb ROI: N/A Traditional ROI: 3.2%
6188 Geiger St NW COVINGTON, GA This beautifully renovated 3 bedroom, 2 bath home in established Covington is the perfect ...	3 beds \| 2 baths \| 1,238 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $1493 Airbnb ROI: N/A Traditional ROI: 4.39%
45 Sunset Ct COVINGTON, GA Tucked away from everything... but still minutes from the essentials Charming ranch quietl...	3 beds \| 2 baths \| 1,525 sq.ft.	$268,800	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $1887 Airbnb ROI: N/A Traditional ROI: 5.21%
270 Wellbrook Dr COVINGTON, GA Beautiful four bedroom two bathroom home located in Covington. Built in 2019, this home ha...	4 beds \| 2 baths \| 2,372 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 4.45%
20 Wellbrook Ct COVINGTON, GA Beautiful 4 Bed / 2.5 Bath home in Covington! This thoughtfully designed home features an ...	4 beds \| 2 baths \| 2,307 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2157 Airbnb ROI: N/A Traditional ROI: 3.75%
25 Scarlett Ct COVINGTON, GA * Great 3 bedroom 2 bathroom traditional home. Spacious floor plan Vaulted ceilings *Til...	4 beds \| 2 baths \| 1,530 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $1572 Airbnb ROI: N/A Traditional ROI: 4.33%
230 Alcovy Reserve Way COVINGTON, GA Check out this stunning two-story Craftsman-style home in the highly desired Sautee Bluff ...	4 beds \| 2 baths \| 2,819 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2384 Airbnb ROI: N/A Traditional ROI: 3.14%
764 Forrester Cemetery Road COVINGTON, GA * Open House: Friday, 4/3 4-6pm* Step back in time while enjoying modern luxury in thi...	3 beds \| 4 baths \| 2,358 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2262 Airbnb ROI: N/A Traditional ROI: 1.79%
160 Princeton Way COVINGTON, GA This Covington home offers hardwood flooring, a fireplace, a deck, and a two-car garage.	4 beds \| 2 baths \| 1,868 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $1755 Airbnb ROI: N/A Traditional ROI: 4.55%
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.	$265,000	Airbnb cash on cash: 6.31% Traditional cash on cash: 5.87% Airbnb Rental Income: $2847 Traditional Rental Income: $2074 Airbnb ROI: 6.31% Traditional ROI: 5.87%
40 Rocky Hill Way COVINGTON, GA Whoa! Better hurry! There's not another one like this for the money! USDA district! Adorab...	3 beds \| 3 baths \| 1,500 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $1502 Airbnb ROI: N/A Traditional ROI: 3.96%
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%
355 Parker Rd COVINGTON, GA Private Acreage Near Jackson Lake with Space for Boats, RVs & Everyday Living Tucked away ...	4 beds \| 2 baths \| 2,817 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 2.22%
4125 Hunt St SW COVINGTON, GA Clarks Grove is a community within a community. Enjoy common areas, pool, playground, outd...	2 beds \| 2 baths \| 1,528 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $1821 Airbnb ROI: N/A Traditional ROI: 3.33%

Real Estate investment in Covington, GA

There are 666 properties for sale in the city of Covington . The median list price in Covington is $340,000 and the average price per square foot is $146. In April 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $1,912.

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

There are 666 investment properties available for sale in Covington.

In 2026, the best neighborhood to buy investment property is Harristown.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $2,593.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

8370 Fairway Dr

COVINGTON, GA

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

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2475

Airbnb ROI: N/A

Traditional ROI: 3.82%

1599 Lower River Rd

COVINGTON, GA

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

$625,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2147

Airbnb ROI: N/A

Traditional ROI: 2.15%

70 Alcovy Reserve Way

COVINGTON, GA

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

$485,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A

Traditional ROI: 3.28%

6191 Indian Creek Circle SW

COVINGTON, GA

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

$209,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.64%

Airbnb Rental Income: $null

Traditional Rental Income: $2193

Airbnb ROI: N/A

Traditional ROI: 8.64%

1041 Flat Rock Road

COVINGTON, GA

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

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3955

Airbnb ROI: N/A

Traditional ROI: 4.91%

10100 Clearview Dr NW

COVINGTON, GA

3 beds | 2 baths | 1,490 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.2%

Airbnb Rental Income: $null

Traditional Rental Income: $1454

Airbnb ROI: N/A

Traditional ROI: 4.2%

70 Countryside Lane

COVINGTON, GA

3 beds | 2 baths | 1,701 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2140

Airbnb ROI: N/A

Traditional ROI: 7.13%

115 Willow Springs Dr

COVINGTON, GA

4 beds | 2 baths | 2,220 sq.ft.

$344,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.52%

Airbnb Rental Income: $null

Traditional Rental Income: $1876

Airbnb ROI: N/A