Real Estate Investments for Sale in Covington, IN With High ROI

Are you looking for a vacation rental in Covington, IN? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10 Club House Drive Covington, IN Welcome to your one story brick ranch nestled on two spacious lots overlooking the picture...	3 beds \| 2 baths \| 2,562 sq.ft.	$369,500	Airbnb cash on cash: 4.87% Traditional cash on cash: 3.6% Airbnb Rental Income: $2994 Traditional Rental Income: $1864 Airbnb ROI: 4.87% Traditional ROI: 3.6%
512 Washington Street Covington, IN Move in ready 3 bed 2 bath with additional bedroom in the basement. New flooring, applianc...	4 beds \| 2 baths \| 2,653 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $1718 Airbnb ROI: N/A Traditional ROI: 5.82%
Tbd Stringtown Road Covington, IN Craftsman Elegance Meets Modern Living. Experience the fusion of traditional aesthetics an...	3 beds \| 3 baths \| 2,007 sq.ft.	$349,000	Airbnb cash on cash: 4.91% Traditional cash on cash: 5.08% Airbnb Rental Income: $2994 Traditional Rental Income: $2362 Airbnb ROI: 4.91% Traditional ROI: 5.08%
1961 N PORTLAND ARCH ROAD Covington, IN This is a rare find! Just under 7 acres of property in Fountain County. A three-car garage...	N/A beds \| N/A baths \| N/A	$136,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $1028 Airbnb ROI: N/A Traditional ROI: 4.9%
Investment Properties for Sale in Other Cities of Indiana
2629 S Capitol Avenue Indianapolis , IN Charming ranch-style home featuring 3 bedrooms and 1.5 bathrooms that have been completely...	3 beds \| 2 baths \| 1,104 sq.ft.	$169,000	Airbnb cash on cash: 9.67% Traditional cash on cash: 8.73% Airbnb Rental Income: $2421 Traditional Rental Income: $1677 Airbnb ROI: 9.67% Traditional ROI: 8.73%
33 Spring Valley Drive Anderson , IN Welcome home to this freshly renovated home on a hill in desirable Western Hills. This spr...	4 beds \| 4 baths \| 3,728 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2358 Airbnb ROI: N/A Traditional ROI: 5.53%
23910 Ivy Street Schneider , IN LOWELL SCHOOLS! Available for immediate and even PRE-CLOSE possession for those that may n...	3 beds \| 1 baths \| 1,244 sq.ft.	$172,820	Airbnb cash on cash: N/A Traditional cash on cash: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $1424 Airbnb ROI: N/A Traditional ROI: 6.32%
526 Gardenia Street SE DeMotte , IN Discover the perfect blend of comfort and convenience in this charming 3 bedroom, 2.75 bat...	3 beds \| 3 baths \| 1,368 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 6.25%
8125 Lake Shore Drive #3 Cedar Lake , IN LAKEFRONT LIVING AT ITS BEST...2 BED / 2 BATH LAKEFRONT 2nd floor condo with BOAT SLIP & F...	2 beds \| 2 baths \| 1,200 sq.ft.	$335,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 2.23% Airbnb Rental Income: $3131 Traditional Rental Income: $1526 Airbnb ROI: 5.07% Traditional ROI: 2.23%
15626 Memorial Way Fishers , IN Welcome home to this meticulously maintained property that blends elegance with functional...	4 beds \| 3 baths \| 3,540 sq.ft.	$460,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.58% Airbnb Rental Income: $3364 Traditional Rental Income: $2757 Airbnb ROI: 3.25% Traditional ROI: 3.58%
5841 W 700 N New York , IN Welcome to your dream rural retreat in Rensselaer! Situated on a sprawling 3-acre lot, thi...	3 beds \| 4 baths \| 1,985 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $2773 Airbnb ROI: N/A Traditional ROI: 6.2%
4360 Kingsley Drive Indianapolis , IN Welcome to the coziest dream home Near South Broad Ripple! This charming property boasts a...	3 beds \| 2 baths \| 976 sq.ft.	$209,500	Airbnb cash on cash: 8.87% Traditional cash on cash: 5.36% Airbnb Rental Income: $2892 Traditional Rental Income: $1524 Airbnb ROI: 8.87% Traditional ROI: 5.36%
28 W 54th Street Indianapolis , IN Rev your engines, Indy...it's the month of May at 28 W 54th Street! Charming and inviting,...	4 beds \| 4 baths \| 3,207 sq.ft.	$950,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 0.76% Airbnb Rental Income: $4744 Traditional Rental Income: $2397 Airbnb ROI: 2.31% Traditional ROI: 0.76%
522 E Minnesota Street Indianapolis , IN Step into luxury and comfort with this stunning 3 - bedroom, 3 - bathroom home with an add...	3 beds \| 3 baths \| 1,872 sq.ft.	$369,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 4.21% Airbnb Rental Income: $2506 Traditional Rental Income: $2014 Airbnb ROI: 3.88% Traditional ROI: 4.21%
4008 E Michigan Street Indianapolis , IN Welcome home to this meticulously renovated property, where no detail has been overlooked!...	2 beds \| 2 baths \| 1,178 sq.ft.	$225,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 3.59% Airbnb Rental Income: $1918 Traditional Rental Income: $1250 Airbnb ROI: 4.34% Traditional ROI: 3.59%
502 N Jefferson Street Rensselaer , IN Welcome to your Dream Victorian Home! This elegant residence boasts over 2600 sq. ft. of l...	4 beds \| 2 baths \| 2,672 sq.ft.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 4.86%
602 E New York Street Indianapolis , IN This great home is located in Lockerbie square and boasts just a quick 10 minute walk to a...	3 beds \| 4 baths \| 1,984 sq.ft.	$525,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.73% Airbnb Rental Income: $1972 Traditional Rental Income: $3172 Airbnb ROI: 0.23% Traditional ROI: 3.73%
414 E 17th Street Indianapolis , IN Stunning home located in one of Indy's most desirable neighborhoods, this updated home wit...	4 beds \| 3 baths \| 3,425 sq.ft.	$479,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 4.61% Airbnb Rental Income: $3798 Traditional Rental Income: $2985 Airbnb ROI: 4.59% Traditional ROI: 4.61%
2441 N Alabama Street Indianapolis , IN Experience the allure of this enchanting bungalow in Fall Creek Place. With its vaulted ce...	3 beds \| 2 baths \| 1,179 sq.ft.	$339,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 3.03% Airbnb Rental Income: $2516 Traditional Rental Income: $1648 Airbnb ROI: 3.84% Traditional ROI: 3.03%

Real Estate investment in Covington, IN

There are 4 properties for sale in the city of Covington . The median list price in Covington is $289,450 and the average price per square foot is $120. In May 2024, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $1,791.

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

There are 4 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 $2,994.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, IN

10 Club House Drive

Covington, IN

3 beds | 2 baths | 2,562 sq.ft.

$369,500

Airbnb cash on cash: 4.87%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $2994

Traditional Rental Income: $1864

Airbnb ROI: 4.87%

Traditional ROI: 3.6%

512 Washington Street

Covington, IN

4 beds | 2 baths | 2,653 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1718

Airbnb ROI: N/A

Traditional ROI: 5.82%

Tbd Stringtown Road

Covington, IN

3 beds | 3 baths | 2,007 sq.ft.

$349,000

Airbnb cash on cash: 4.91%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $2994

Traditional Rental Income: $2362

Airbnb ROI: 4.91%

Traditional ROI: 5.08%

1961 N PORTLAND ARCH ROAD

Covington, IN

N/A beds | N/A baths | N/A

$136,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $1028

Airbnb ROI: N/A

Traditional ROI: 4.9%

Investment Properties for Sale in Other Cities of Indiana

Indianapolis , IN

3 beds | 2 baths | 1,104 sq.ft.

$169,000

Airbnb cash on cash: 9.67%

Traditional cash on cash: 8.73%

Airbnb Rental Income: $2421

Traditional Rental Income: $1677

Airbnb ROI: 9.67%

Traditional ROI: 8.73%

Anderson , IN

4 beds | 4 baths | 3,728 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2358

Airbnb ROI: N/A

Traditional ROI: 5.53%

Schneider , IN

3 beds | 1 baths | 1,244 sq.ft.

$172,820

Airbnb cash on cash: N/A

Traditional cash on cash: 6.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1424

Airbnb ROI: N/A

Traditional ROI: 6.32%

DeMotte , IN

3 beds | 3 baths | 1,368 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2110

Airbnb ROI: N/A

Traditional ROI: 6.25%

Cedar Lake , IN

2 beds | 2 baths | 1,200 sq.ft.