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%
4121 Summers St SW COVINGTON, GA Nestled in the quiet Clarks Grove community, this desirable cottage-styled home is perfect...	4 beds \| 3 baths \| 2,198 sq.ft.	$465,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.2% Airbnb Rental Income: $2570 Traditional Rental Income: $2179 Airbnb ROI: 2.68% Traditional ROI: 3.2%
8370 Fairway Drive COVINGTON, GA This home is an incredible value in one of Covington's most sought-after communities! Loca...	3 beds \| 3 baths \| N/A	$380,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.13% Airbnb Rental Income: $1494 Traditional Rental Income: $2475 Airbnb ROI: 0.15% Traditional ROI: 4.13%
80 Lumby Ln 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.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $1803 Airbnb ROI: N/A Traditional ROI: 4.25%
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.	$610,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.23% Airbnb Rental Income: $null Traditional Rental Income: $2147 Airbnb ROI: N/A Traditional ROI: 2.23%
310 Alcovy Way COVINGTON, GA 4 bedroom 2.5 bathroom home in Alcovy Crossings! Home has been refreshed with interior two...	5 beds \| 1 baths \| 1,879 sq.ft.	$314,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 2.65%
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 Rd COVINGTON, GA Rare Multi-Generational Living Opportunity! This unique property offers the perfect setup ...	3 beds \| 1 baths \| 1,720 sq.ft.	$319,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.55% Airbnb Rental Income: $1494 Traditional Rental Income: $2637 Airbnb ROI: 1.29% Traditional ROI: 6.55%
30 Stephanie Ln COVINGTON, GA Welcome Home to this beautiful Ranch which offer Easy access to everyday shopping, groceri...	3 beds \| 2 baths \| 1,730 sq.ft.	$315,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.09% Airbnb Rental Income: $1350 Traditional Rental Income: $1873 Airbnb ROI: 0.93% Traditional ROI: 4.09%
225 Hardwood Dr COVINGTON, GA Move-in ready and beautifully updated: this stunning one-level ranch is nestled on a quiet...	3 beds \| 2 baths \| 1,556 sq.ft.	$289,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4% Airbnb Rental Income: $1350 Traditional Rental Income: $1606 Airbnb ROI: 1.53% Traditional ROI: 4%
25 Westfield Way COVINGTON, GA Welcome to 25 Westfield Way in Covington - a beautifully well-maintained home offering com...	4 beds \| 2 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%
365 Mountainview Dr COVINGTON, GA Nice ranch sitting on over 1/2 acre, warm and inviting. Set your appointment today to make...	3 beds \| 2 baths \| 1,628 sq.ft.	$259,900	Airbnb cash on cash: 2% Traditional cash on cash: 5.62% Airbnb Rental Income: $1494 Traditional Rental Income: $1944 Airbnb ROI: 2% Traditional ROI: 5.62%
405 Miller Rd COVINGTON, GA Welcome to your DEEDED home to Jackson Lake! 5.59 acres of the most desirable lake land yo...	4 beds \| 2 baths \| 2,806 sq.ft.	$639,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.92% Airbnb Rental Income: $1618 Traditional Rental Income: $2749 Airbnb ROI: 0.26% Traditional ROI: 2.92%
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.	$387,885	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.43% Airbnb Rental Income: $3180 Traditional Rental Income: $2482 Airbnb ROI: 4.37% Traditional ROI: 4.43%
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.	$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%
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.	$400,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.05% Airbnb Rental Income: $2148 Traditional Rental Income: $2704 Airbnb ROI: 2.11% Traditional ROI: 5.05%
225 Silver Ridge Rd COVINGTON, GA 225 Silver Ridge Rd, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 2 baths \| N/A	$400,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.23% Airbnb Rental Income: $2148 Traditional Rental Income: $2016 Airbnb ROI: 2.12% Traditional ROI: 3.23%
8384 Fairway Dr COVINGTON, GA 8384 Fairway Dr, COVINGTON, GA 30014 \| Single Family Residential	3 beds \| 2 baths \| 2,237 sq.ft.	$399,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.97% Airbnb Rental Income: $1494 Traditional Rental Income: $1870 Airbnb ROI: 0.8% Traditional ROI: 2.97%
3651 Kraddle Creek 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: 0.57% Traditional cash on cash: 3.06% Airbnb Rental Income: $1637 Traditional Rental Income: $2259 Airbnb ROI: 0.57% 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: 2.65% Traditional cash on cash: 3.06% Airbnb Rental Income: $3180 Traditional Rental Income: $2674 Airbnb ROI: 2.65% Traditional ROI: 3.06%
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.	$324,500	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.47% Airbnb Rental Income: $1059 Traditional Rental Income: $1822 Airbnb ROI: -0.23% Traditional ROI: 3.47%
100 Wilson Rd COVINGTON, GA Priced to Sell! 76 acres fenced & cross fenced pastures w/run-in sheds, miles of wooded ho...	4 beds \| 3 baths \| 4,550 sq.ft.	$1,500,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 0.57% Airbnb Rental Income: $2570 Traditional Rental Income: $2717 Airbnb ROI: 0.02% Traditional ROI: 0.57%
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.	$395,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 7.85% Airbnb Rental Income: $2570 Traditional Rental Income: $3659 Airbnb ROI: 3.24% Traditional ROI: 7.85%
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.	$395,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 8.16% Airbnb Rental Income: $2570 Traditional Rental Income: $3772 Airbnb ROI: 3.25% Traditional ROI: 8.16%
120 Beaverdam Ct COVINGTON, GA 120 Beaverdam Ct, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 3 baths \| 2,058 sq.ft.	$304,900	Airbnb cash on cash: 4.91% Traditional cash on cash: 4.62% Airbnb Rental Income: $2570 Traditional Rental Income: $1869 Airbnb ROI: 4.91% Traditional ROI: 4.62%
135 Rose Creek Dr COVINGTON, GA Welcome home to Rose Creek Dr. This is an amazing all-brick traditional ranch home located...	5 beds \| 3 baths \| 3,678 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $3486 Airbnb ROI: N/A Traditional ROI: 4.64%
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.	$265,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 4.42% Airbnb Rental Income: $2148 Traditional Rental Income: $1572 Airbnb ROI: 4.54% Traditional ROI: 4.42%
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.	$560,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.1% Airbnb Rental Income: $3180 Traditional Rental Income: $2718 Airbnb ROI: 2.61% Traditional ROI: 3.1%
230 Alcovy Reserve Way COVINGTON, GA Check out this stunning Craftsman-style home in the highly desired Sautee Bluff community....	4 beds \| 3 baths \| 2,819 sq.ft.	$474,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.24% Airbnb Rental Income: $2148 Traditional Rental Income: $2384 Airbnb ROI: 1.48% Traditional ROI: 3.24%
764 Forrester Cemetery Road COVINGTON, GA *OPEN HOUSE: Friday, 5,29, from 4-6pm*Step back in time while enjoying modern luxury 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%
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%
180 Orchard Drive COVINGTON, GA Welcome to this beautifully designed townhouse, offering 3 spacious bedrooms and 2 and 1/2...	3 beds \| 3 baths \| 1,848 sq.ft.	$259,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.8% Airbnb Rental Income: $1637 Traditional Rental Income: $2042 Airbnb ROI: 2.27% Traditional ROI: 5.8%
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 100% available USDA qualified- Private Acreage Near Jackson Lake with Space for Boats, RVs...	4 beds \| 2 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%
5113 Haynes Court NE COVINGTON, GA At 5113 Haynes Court NE, Covington, GA, discover a much loved, well maintained residential...	3 beds \| 2 baths \| 1,378 sq.ft.	$229,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 5.35% Airbnb Rental Income: $1637 Traditional Rental Income: $1741 Airbnb ROI: 2.75% Traditional ROI: 5.35%
5120 Arnold St COVINGTON, GA DRIVE YOUR GOLF CART TO TOWN SQUARE OR JUST RELAX ON THE COVERED FRONT PORCH OF THIS BEAUT...	4 beds \| 2 baths \| 2,450 sq.ft.	$399,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.01% Airbnb Rental Income: $2039 Traditional Rental Income: $2492 Airbnb ROI: 2.39% Traditional ROI: 5.01%

Real Estate investment in Covington, GA

There are 725 properties for sale in the city of Covington . The median list price in Covington is $317,336 and the average price per square foot is $133. In June 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $2,003.

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

There are 725 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 $2,003.

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%

4121 Summers St SW

COVINGTON, GA

4 beds | 3 baths | 2,198 sq.ft.

$465,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $2570

Traditional Rental Income: $2179

Airbnb ROI: 2.68%

Traditional ROI: 3.2%

8370 Fairway Drive

COVINGTON, GA

3 beds | 3 baths | N/A

$380,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1494

Traditional Rental Income: $2475

Airbnb ROI: 0.15%

Traditional ROI: 4.13%

80 Lumby Ln

COVINGTON, GA

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

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1803

Airbnb ROI: N/A

Traditional ROI: 4.25%

1599 Lower River Rd

COVINGTON, GA

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

$610,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2147

Airbnb ROI: N/A

Traditional ROI: 2.23%

310 Alcovy Way

COVINGTON, GA

5 beds | 1 baths | 1,879 sq.ft.

$314,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1439

Airbnb ROI: N/A

Traditional ROI: 2.65%

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 Rd

COVINGTON, GA

3 beds | 1 baths | 1,720 sq.ft.

$319,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 6.55%

Airbnb Rental Income: $1494

Traditional Rental Income: $2637

Airbnb ROI: 1.29%