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
220 Betty Ann Lane COVINGTON, GA Welcome In To This Beautiful Craftsman-style split foyer home offering space, flexibility,...	4 beds \| 3 baths \| 2,733 sq.ft.	$305,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.87% Airbnb Rental Income: $2570 Traditional Rental Income: $2424 Airbnb ROI: 4.23% Traditional ROI: 5.87%
3186 Monticello Street COVINGTON, GA Renovated and Gorgeous!!! Historic GEM just a 1/2 mile from the Covington Square! Master b...	3 beds \| 2 baths \| 1,933 sq.ft.	$429,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.14% Airbnb Rental Income: $1994 Traditional Rental Income: $2227 Airbnb ROI: 1.27% Traditional ROI: 3.14%
80 Lumby Lane COVINGTON, GA Welcome home to this beautifully maintained gem in the heart of Covington. This 5 Bedroom ...	5 beds \| 3 baths \| 1,579 sq.ft.	$292,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $1803 Airbnb ROI: N/A Traditional ROI: 4.31%
805 Anne Court COVINGTON, GA This beautifully appointed home offering the perfect blend of space, comfort, and entertai...	5 beds \| 4 baths \| 3,879 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $3502 Airbnb ROI: N/A Traditional ROI: 4.68%
770 Starrsville Road COVINGTON, GA Rare Multi-Generational Living Opportunity! This unique property offers the perfect setup ...	5 beds \| 2 baths \| 2,570 sq.ft.	$319,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $2637 Airbnb ROI: N/A Traditional ROI: 6.55%
30 Stephanie Lane COVINGTON, GA Welcome Home to this beautiful Ranch which offer Easy access to everyday shopping, groceri...	4 beds \| 2 baths \| 1,730 sq.ft.	$315,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 4.09% Airbnb Rental Income: $2570 Traditional Rental Income: $1873 Airbnb ROI: 4.36% Traditional ROI: 4.09%
225 Hardwood Drive COVINGTON, GA Serene Cul-de-Sac Living Meets Turn-Key Perfection & No HOA! This home features a new roof...	3 beds \| 2 baths \| 1,556 sq.ft.	$284,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.07% Airbnb Rental Income: $1350 Traditional Rental Income: $1606 Airbnb ROI: 1.57% Traditional ROI: 4.07%
25 Westfield Way COVINGTON, GA Welcome to 25 Westfield Way in Covington - a beautifully well-maintained home offering com...	4 beds \| 3 baths \| 2,268 sq.ft.	$298,500	Airbnb cash on cash: 3.12% Traditional cash on cash: 5.5% Airbnb Rental Income: $2148 Traditional Rental Income: $2270 Airbnb ROI: 3.12% Traditional ROI: 5.5%
205 Woodcrest Drive COVINGTON, GA Welcome to 205 Woodcrest Drive, a beautifully maintained residence offering comfort, style...	3 beds \| 2 baths \| 1,435 sq.ft.	$239,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.77% Airbnb Rental Income: $1350 Traditional Rental Income: $1839 Airbnb ROI: 1.79% Traditional ROI: 5.77%
40 Bellerive Lane COVINGTON, GA Welcome home to this well-maintained 3-bedroom, 2-bath ranch offering comfort, convenience...	3 beds \| 2 baths \| 1,670 sq.ft.	$290,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.97% Airbnb Rental Income: $1494 Traditional Rental Income: $1995 Airbnb ROI: 1.53% Traditional ROI: 4.97%
225 Silver Ridge Road COVINGTON, GA Welcome home to 225 Silver Ridge Road, where elegance, comfort, and convenience come toget...	4 beds \| 3 baths \| 3,254 sq.ft.	$365,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 5.71% Airbnb Rental Income: $2148 Traditional Rental Income: $2704 Airbnb ROI: 2.49% Traditional ROI: 5.71%
3651 Kraddle Kreek Drive COVINGTON, GA Located less than 20 minutes from downtown Monroe and Covington Square, and just 6.5 miles...	3 beds \| 2 baths \| 2,513 sq.ft.	$465,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.06% Airbnb Rental Income: $2161 Traditional Rental Income: $2259 Airbnb ROI: 1.58% Traditional ROI: 3.06%
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.	$554,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.06% Airbnb Rental Income: $2759 Traditional Rental Income: $2674 Airbnb ROI: 1.97% Traditional ROI: 3.06%
4153 Raphael Street COVINGTON, GA LOOKING FOR YOUR NEW HOME NEAR THE COVINGTON HISTORIC SQUARE? LOOK NO FURTHER. LOCATED IN ...	2 beds \| 3 baths \| 1,516 sq.ft.	$315,500	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.6% Airbnb Rental Income: $1059 Traditional Rental Income: $1822 Airbnb ROI: -0.2% Traditional ROI: 3.6%
805 Starrsville Road COVINGTON, GA Built in 1850, 805 Starrsville Road is one of Newton County's most distinctive properties ...	4 beds \| 3 baths \| 2,731 sq.ft.	$320,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 7.81% Airbnb Rental Income: $2148 Traditional Rental Income: $2954 Airbnb ROI: 3.32% Traditional ROI: 7.81%
1020 Thornwood Circle COVINGTON, GA OFFERING 10K TOWARDS CLOSING COST WITH AN ACCEPTABLE OFFER!!! ASSUMABLE MORTGAGE UNDER 3%!...	4 beds \| 4 baths \| 3,036 sq.ft.	$384,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 8.08% Airbnb Rental Income: $2570 Traditional Rental Income: $3659 Airbnb ROI: 3.35% Traditional ROI: 8.08%
1020 Thornwood COVINGTON, GA OFFERING 10K TOWARDS CLOSING COST WITH AN ACCEPTABLE OFFER!!! ASSUMABLE MORTGAGE UNDER 3%!...	4 beds \| 4 baths \| 3,672 sq.ft.	$384,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 8.4% Airbnb Rental Income: $2570 Traditional Rental Income: $3772 Airbnb ROI: 3.36% Traditional ROI: 8.4%
135 Rose Creek Drive COVINGTON, GA Welcome home to Rose Creek Dr. This is an amazing all-brick traditional ranch home located...	5 beds \| 4 baths \| 3,678 sq.ft.	$543,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $3486 Airbnb ROI: N/A Traditional ROI: 4.73%
4345 Jersey Walnut Grove Road COVINGTON, GA Private country retreat on 5.5+ Acres with value add potential & workshop! Welcome home to...	4 beds \| 3 baths \| 3,108 sq.ft.	$550,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.19% Airbnb Rental Income: $2759 Traditional Rental Income: $2718 Airbnb ROI: 2.01% Traditional ROI: 3.19%
764 Forrester Cemetery Road COVINGTON, GA *OPEN HOUSE: Friday, 7/10, 5pm-7pmBack on market at no fault of seller** Step back i...	3 beds \| 4 baths \| 2,358 sq.ft.	$575,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.91% Airbnb Rental Income: $1523 Traditional Rental Income: $2262 Airbnb ROI: -0.29% Traditional ROI: 1.91%
355 Parker Road COVINGTON, GA 100% available USDA qualified- Private Acreage Near Jackson Lake with Space for Boats, RVs...	4 beds \| 3 baths \| 2,817 sq.ft.	$479,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 2.25% Airbnb Rental Income: $2148 Traditional Rental Income: $1941 Airbnb ROI: 1.49% Traditional ROI: 2.25%
55 Riverbrooke Terrace COVINGTON, GA Welcome to this spacious and well-maintained home located in the desirable Riverbrooke com...	3 beds \| 2 baths \| 1,725 sq.ft.	$283,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.99% Airbnb Rental Income: $1494 Traditional Rental Income: $1978 Airbnb ROI: 1.53% Traditional ROI: 4.99%
6156 Cherry Valley Drive SE COVINGTON, GA Renovated and move-in ready, this 3-bedroom, 2-bathroom home delivers contemporary style i...	3 beds \| 2 baths \| 1,431 sq.ft.	$289,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.22% Airbnb Rental Income: $1494 Traditional Rental Income: $1768 Airbnb ROI: 1.62% Traditional ROI: 4.22%
20 Craig Way COVINGTON, GA Picture yourself at 20 Craig Way, recently refreshed with new interior paint and featuring...	4 beds \| 3 baths \| 1,674 sq.ft.	$304,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.08% Airbnb Rental Income: $2148 Traditional Rental Income: $2094 Airbnb ROI: 3.36% Traditional ROI: 5.08%
105 Sagebrush Trail COVINGTON, GA Beautifully updated and move-in ready! Fresh interior paint in Sherwin-Williams Dovetail G...	4 beds \| 3 baths \| N/A	$325,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.47% Airbnb Rental Income: $2148 Traditional Rental Income: $2490 Airbnb ROI: 2.56% Traditional ROI: 5.47%
20 Cope Court COVINGTON, GA Welcome home to this beautifully designed 4-bedroom, 3-full-bath ranch located on a quiet ...	4 beds \| 3 baths \| 2,194 sq.ft.	$335,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 4.42% Airbnb Rental Income: $2148 Traditional Rental Income: $2120 Airbnb ROI: 2.77% Traditional ROI: 4.42%
50 Rose Creek Drive COVINGTON, GA Welcome to this spacious 4-bedroom, 3.5-bath home in the highly desirable Rosedown neighbo...	4 beds \| 4 baths \| 2,304 sq.ft.	$424,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.71% Airbnb Rental Income: $2148 Traditional Rental Income: $2793 Airbnb ROI: 1.71% Traditional ROI: 4.71%
145 Arthurs Lane COVINGTON, GA Well-maintained and move-in ready split-level home located in a quiet neighborhood. Featur...	3 beds \| 2 baths \| 1,456 sq.ft.	$269,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.87% Airbnb Rental Income: $1494 Traditional Rental Income: $1820 Airbnb ROI: 1.86% Traditional ROI: 4.87%
190 Tarpley Way COVINGTON, GA Rarely does a newer home offer this much privacy and outdoor space. Originally built as th...	4 beds \| 3 baths \| 2,260 sq.ft.	$350,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.84% Airbnb Rental Income: $2148 Traditional Rental Income: $2373 Airbnb ROI: 2.49% Traditional ROI: 4.84%
765 Barshay Drive COVINGTON, GA Welcome to this beautiful, move-in ready home in the heart of Covington! Minutes from I-20...	3 beds \| 3 baths \| 1,570 sq.ft.	$295,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.92% Airbnb Rental Income: $1523 Traditional Rental Income: $1769 Airbnb ROI: 1.44% Traditional ROI: 3.92%
125 Oak Hill Drive COVINGTON, GA Welcome Home to 125 Oak Hill Drive! Built in 2004, this beautiful, move-in-ready home offe...	3 beds \| 3 baths \| 1,733 sq.ft.	$295,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.71% Airbnb Rental Income: $1350 Traditional Rental Income: $1961 Airbnb ROI: 1.03% Traditional ROI: 4.71%
55 The Falls Boulevard COVINGTON, GA A move-in ready house just 20 minutes from downtown Covington, the Hollywood of the South....	3 beds \| 3 baths \| 1,922 sq.ft.	$269,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.59% Airbnb Rental Income: $1494 Traditional Rental Income: $2121 Airbnb ROI: 1.41% Traditional ROI: 5.59%
1355 Mills Cove Drive COVINGTON, GA Imagine 1355 Mills Cove Dr, a residence with fresh interior paint and a partial flooring r...	4 beds \| 3 baths \| 2,178 sq.ft.	$323,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 5.72% Airbnb Rental Income: $2570 Traditional Rental Income: $2410 Airbnb ROI: 4.21% Traditional ROI: 5.72%
5135 Arnold Street COVINGTON, GA Flexible Living in Clark's Grove Offering Space That Adapts to Your Lifestyle - Welcome to...	3 beds \| 4 baths \| 2,585 sq.ft.	$389,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 6.02% Airbnb Rental Income: $1494 Traditional Rental Income: $3277 Airbnb ROI: -0.06% Traditional ROI: 6.02%
70 Toscanno Drive COVINGTON, GA One-of-a-Kind Brick Estate on 4.5 Acres Discover the perfect blend of space, comfort, and ...	4 beds \| 4 baths \| 2,932 sq.ft.	$565,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.34% Airbnb Rental Income: $2148 Traditional Rental Income: $3202 Airbnb ROI: 1.31% Traditional ROI: 4.34%
90 Victory Lane COVINGTON, GA Back on Market due to no fault of Seller! Welcome home to this beautifully designed newer ...	4 beds \| 3 baths \| 2,400 sq.ft.	$335,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.95% Airbnb Rental Income: $2148 Traditional Rental Income: $2337 Airbnb ROI: 2.61% Traditional ROI: 4.95%
135 Timberlake Terrace COVINGTON, GA This charming two-story, four-bedroom, three-bath home offers plenty of space and potentia...	4 beds \| 3 baths \| 2,625 sq.ft.	$340,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.37% Airbnb Rental Income: $2148 Traditional Rental Income: $2149 Airbnb ROI: 2.65% Traditional ROI: 4.37%
3055 Lakeside Circle COVINGTON, GA Move-In Ready Beauty with Stylish Updates in a Family Friendly Neighborhood! Welcome home ...	3 beds \| 3 baths \| N/A	$230,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 7.86% Airbnb Rental Income: $1523 Traditional Rental Income: $2267 Airbnb ROI: 2.41% Traditional ROI: 7.86%
711 Highway 162 COVINGTON, GA This sweet humble abode is waiting for its new owners! Bring this 3 bedroom, 2 bath home o...	3 beds \| 2 baths \| 1,264 sq.ft.	$199,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 7.09% Airbnb Rental Income: $1494 Traditional Rental Income: $1711 Airbnb ROI: 3.62% Traditional ROI: 7.09%
150 W Pennick Drive COVINGTON, GA The wait is over! Stop your search! Welcome to 150 W Pennick Drive, a stunning traditional...	3 beds \| 3 baths \| 2,603 sq.ft.	$370,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 4.39% Airbnb Rental Income: $1494 Traditional Rental Income: $2282 Airbnb ROI: 0.86% Traditional ROI: 4.39%

Real Estate investment in Covington, GA

There are 399 properties for sale in the city of Covington . The median list price in Covington is $314,812 and the average price per square foot is $134. In July 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $2,181.

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

There are 399 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 $2,181.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

220 Betty Ann Lane

COVINGTON, GA

4 beds | 3 baths | 2,733 sq.ft.

$305,000

Airbnb cash on cash: 4.23%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $2570

Traditional Rental Income: $2424

Airbnb ROI: 4.23%

Traditional ROI: 5.87%

3186 Monticello Street

COVINGTON, GA

3 beds | 2 baths | 1,933 sq.ft.

$429,900

Airbnb cash on cash: 1.27%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $1994

Traditional Rental Income: $2227

Airbnb ROI: 1.27%

Traditional ROI: 3.14%

80 Lumby Lane

COVINGTON, GA

5 beds | 3 baths | 1,579 sq.ft.

$292,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1803

Airbnb ROI: N/A

Traditional ROI: 4.31%

805 Anne Court

COVINGTON, GA

5 beds | 4 baths | 3,879 sq.ft.

$549,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3502

Airbnb ROI: N/A

Traditional ROI: 4.68%

770 Starrsville Road

COVINGTON, GA

5 beds | 2 baths | 2,570 sq.ft.

$319,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2637

Airbnb ROI: N/A

Traditional ROI: 6.55%

30 Stephanie Lane

COVINGTON, GA

4 beds | 2 baths | 1,730 sq.ft.

$315,000

Airbnb cash on cash: 4.36%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $2570

Traditional Rental Income: $1873

Airbnb ROI: 4.36%

Traditional ROI: 4.09%

225 Hardwood Drive

COVINGTON, GA

3 beds | 2 baths | 1,556 sq.ft.

$284,900

Airbnb cash on cash: 1.57%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1350

Traditional Rental Income: $1606

Airbnb ROI: 1.57%

Traditional ROI: 4.07%

25 Westfield Way

COVINGTON, GA

4 beds | 3 baths | 2,268 sq.ft.

$298,500

Airbnb cash on cash: 3.12%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $2148

Traditional Rental Income: $2270

Airbnb ROI: 3.12%