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.

Townhouses for Sale in Covington, GA

Search for Townhouse for Sale in Covington, Georgia. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 3 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
475 Lakeside Circle COVINGTON, GA Don't miss out!! Master bedroom, private bath, and walk-in closet takeover entire upper le...	3 beds \| 2 baths \| 1,400 sq.ft.	$230,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 6.02% Airbnb Rental Income: $1797 Traditional Rental Income: $1839 Airbnb ROI: 3.58% Traditional ROI: 6.02%
7762 Fawn Circle COVINGTON, GA Welcome to this pristine like-new energy efficient townhouse with craftsman style exterior...	3 beds \| 3 baths \| 1,737 sq.ft.	$240,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 6.12% Airbnb Rental Income: $2759 Traditional Rental Income: $2146 Airbnb ROI: 5.96% Traditional ROI: 6.12%
10166 Benton Woods Drive COVINGTON, GA You found it! A spacious end-unit townhome offering incredible value and convenience in Co...	3 beds \| 3 baths \| 1,628 sq.ft.	$235,000	Airbnb cash on cash: 6.27% Traditional cash on cash: 6.26% Airbnb Rental Income: $2694 Traditional Rental Income: $2054 Airbnb ROI: 6.27% Traditional ROI: 6.26%
Other Investment Properties for Sale in Covington
170 Chandler Trace COVINGTON , GA Welcome to 170 Chandler Trace, a striking new-construction A-Frame home crafted in 2025, b...	4 beds \| 3 baths \| 1,733 sq.ft.	$284,000	Airbnb cash on cash: 8.41% Traditional cash on cash: 5.93% Airbnb Rental Income: $3490 Traditional Rental Income: $2056 Airbnb ROI: 8.41% Traditional ROI: 5.93%
150 Chandler Trace COVINGTON , GA Welcome to 150 Chandler Trace, a striking new-construction A-Frame home crafted in 2025, b...	3 beds \| 3 baths \| 1,733 sq.ft.	$269,000	Airbnb cash on cash: 7.14% Traditional cash on cash: 6.23% Airbnb Rental Income: $2946 Traditional Rental Income: $2034 Airbnb ROI: 7.14% Traditional ROI: 6.23%
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 \| 1,748 sq.ft.	$300,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.9% Airbnb Rental Income: $1623 Traditional Rental Income: $1998 Airbnb ROI: 1.95% Traditional ROI: 4.9%
8370 Fairway Drive COVINGTON , GA A fantastic opportunity to live in one of Covington's most loved communities! This 3-bedro...	3 beds \| 3 baths \| 2,669 sq.ft.	$440,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.55% Airbnb Rental Income: $2759 Traditional Rental Income: $2475 Airbnb ROI: 2.67% Traditional ROI: 3.55%
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 \| 3 baths \| 4,535 sq.ft.	$524,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 2.96%
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 \| 2 baths \| 1,951 sq.ft.	$259,900	Airbnb cash on cash: 6.09% Traditional cash on cash: 6.65% Airbnb Rental Income: $2694 Traditional Rental Income: $2193 Airbnb ROI: 6.09% Traditional ROI: 6.65%
595 Ridgeway Road COVINGTON , GA Welcome to this charming and versatile 3-bedroom, 3-bath ranch-style home, offering comfor...	4 beds \| 3 baths \| 2,634 sq.ft.	$319,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 6.48% Airbnb Rental Income: $2118 Traditional Rental Income: $2624 Airbnb ROI: 2.99% Traditional ROI: 6.48%
1623 Pratt Road 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.	$279,999	Airbnb cash on cash: 5.59% Traditional cash on cash: 4.69% Airbnb Rental Income: $2694 Traditional Rental Income: $1818 Airbnb ROI: 5.59% Traditional ROI: 4.69%
70 Countryside Lane COVINGTON , GA Welcome home to this cozy and beautifully updated 3-bedroom, 2-bath ranch perfectly situat...	3 beds \| 2 baths \| 1,701 sq.ft.	$259,900	Airbnb cash on cash: 6.18% Traditional cash on cash: 6.52% Airbnb Rental Income: $2694 Traditional Rental Income: $2140 Airbnb ROI: 6.18% Traditional ROI: 6.52%
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%
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.	$270,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 5.03% Airbnb Rental Income: $2694 Traditional Rental Income: $1839 Airbnb ROI: 5.88% Traditional ROI: 5.03%
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: 5.81% Traditional cash on cash: 5.07% Airbnb Rental Income: $2759 Traditional Rental Income: $1919 Airbnb ROI: 5.81% Traditional ROI: 5.07%
90 Streamside Drive 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: 1.93% Traditional cash on cash: 3.85% Airbnb Rental Income: $2110 Traditional Rental Income: $2289 Airbnb ROI: 1.93% Traditional ROI: 3.85%
80 Shenandoah Lane COVINGTON , GA Step inside this inviting home where comfort meets convenience! The open-concept design cr...	4 beds \| 2 baths \| 1,862 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2061 Airbnb ROI: N/A Traditional ROI: 5.03%

Your search for investment property begins and ends here

Townhouses for Sale in Covington, GA

475 Lakeside Circle

COVINGTON, GA

3 beds | 2 baths | 1,400 sq.ft.

$230,000

Airbnb cash on cash: 3.58%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $1797

Traditional Rental Income: $1839

Airbnb ROI: 3.58%

Traditional ROI: 6.02%

7762 Fawn Circle

COVINGTON, GA

3 beds | 3 baths | 1,737 sq.ft.

$240,000

Airbnb cash on cash: 5.96%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $2759

Traditional Rental Income: $2146

Airbnb ROI: 5.96%

Traditional ROI: 6.12%

10166 Benton Woods Drive

COVINGTON, GA

3 beds | 3 baths | 1,628 sq.ft.

$235,000

Airbnb cash on cash: 6.27%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $2694

Traditional Rental Income: $2054

Airbnb ROI: 6.27%

Traditional ROI: 6.26%

Other Investment Properties for Sale in Covington

COVINGTON , GA

4 beds | 3 baths | 1,733 sq.ft.

$284,000

Airbnb cash on cash: 8.41%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $3490

Traditional Rental Income: $2056

Airbnb ROI: 8.41%

Traditional ROI: 5.93%

COVINGTON , GA

3 beds | 3 baths | 1,733 sq.ft.

$269,000

Airbnb cash on cash: 7.14%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $2946

Traditional Rental Income: $2034

Airbnb ROI: 7.14%

Traditional ROI: 6.23%

COVINGTON , GA

3 beds | 2 baths | 1,748 sq.ft.

$300,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1623

Traditional Rental Income: $1998

Airbnb ROI: 1.95%

Traditional ROI: 4.9%

COVINGTON , GA

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

$440,000

Airbnb cash on cash: 2.67%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $2759

Traditional Rental Income: $2475

Airbnb ROI: 2.67%

Traditional ROI: 3.55%

COVINGTON , GA

4 beds | 3 baths | 4,535 sq.ft.

$524,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A

Traditional ROI: 2.96%

COVINGTON , GA

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

$259,900