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
230 Crestfield Cir COVINGTON, GA With 1,480 sq ft, 230 Crestfield Cir in Covington offers an updated layout with durable LV...	3 beds \| 2 baths \| 1,480 sq.ft.	$255,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.17% Airbnb Rental Income: $1523 Traditional Rental Income: $1779 Airbnb ROI: 2.27% Traditional ROI: 5.17%
90 Hoglen Dr COVINGTON, GA BEAUTIFUL CAPE COD STYLE COTTAGE NESTLED ON ONE HARDWOOD ACRE. COVERED ROCKING-CHAIR FRONT...	3 beds \| 2 baths \| 1,725 sq.ft.	$275,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.83% Airbnb Rental Income: $1523 Traditional Rental Income: $1706 Airbnb ROI: 2.42% Traditional ROI: 4.83%
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.	$489,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 2.99% Airbnb Rental Income: $2570 Traditional Rental Income: $2179 Airbnb ROI: 2.5% Traditional ROI: 2.99%
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.	$405,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.94% Airbnb Rental Income: $1512 Traditional Rental Income: $2475 Airbnb ROI: 0.24% Traditional ROI: 3.94%
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%
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: -0.55% Traditional cash on cash: 4.91% Airbnb Rental Income: $1304 Traditional Rental Income: $3955 Airbnb ROI: -0.55% Traditional ROI: 4.91%
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: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3502 Airbnb ROI: N/A Traditional ROI: 4.72%
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: 2.44% Traditional cash on cash: 4.2% Airbnb Rental Income: $1523 Traditional Rental Income: $1454 Airbnb ROI: 2.44% Traditional ROI: 4.2%
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.	$289,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.63% Airbnb Rental Income: $1350 Traditional Rental Income: $1606 Airbnb ROI: 1.18% Traditional ROI: 3.63%
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: 2.06% Traditional cash on cash: 5.62% Airbnb Rental Income: $1512 Traditional Rental Income: $1944 Airbnb ROI: 2.06% Traditional ROI: 5.62%
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: 0.04% Traditional cash on cash: 4.27% Airbnb Rental Income: $1304 Traditional Rental Income: $2482 Airbnb ROI: 0.04% Traditional ROI: 4.27%
40 Woods Creek Ct COVINGTON, GA 40 Woods Creek Ct, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 3 baths \| 1,987 sq.ft.	$360,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 3.59% Airbnb Rental Income: $2148 Traditional Rental Income: $1835 Airbnb ROI: 2.89% Traditional ROI: 3.59%
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%
35 Stewart Hollow Ln COVINGTON, GA 35 Stewart Hollow Ln, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 2 baths \| 1,862 sq.ft.	$319,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 3.98% Airbnb Rental Income: $2148 Traditional Rental Income: $1784 Airbnb ROI: 3.37% Traditional ROI: 3.98%
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: 0.84% Traditional cash on cash: 2.97% Airbnb Rental Income: $1512 Traditional Rental Income: $1870 Airbnb ROI: 0.84% Traditional ROI: 2.97%
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: 1.94% Traditional cash on cash: 5.15% Airbnb Rental Income: $1512 Traditional Rental Income: $1873 Airbnb ROI: 1.94% 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: -0.4% Traditional cash on cash: 2.85% Airbnb Rental Income: $1304 Traditional Rental Income: $2674 Airbnb ROI: -0.4% Traditional ROI: 2.85%
55 Jill Lane COVINGTON, GA *Back on the market at no fault to the sellers** Tucked away on a quiet street in the ...	3 beds \| 2 baths \| 1,535 sq.ft.	$274,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.8% Airbnb Rental Income: $1350 Traditional Rental Income: $1573 Airbnb ROI: 1.34% Traditional ROI: 3.8%
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%
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: 3.48% Traditional cash on cash: 5.98% Airbnb Rental Income: $2148 Traditional Rental Income: $2297 Airbnb ROI: 3.48% Traditional ROI: 5.98%
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: 3.2% Traditional cash on cash: 7.76% Airbnb Rental Income: $2570 Traditional Rental Income: $3659 Airbnb ROI: 3.2% 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: 3.21% Traditional cash on cash: 8.07% Airbnb Rental Income: $2570 Traditional Rental Income: $3772 Airbnb ROI: 3.21% Traditional ROI: 8.07%
6188 Geiger Street 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: 2.64% Traditional cash on cash: 4.39% Airbnb Rental Income: $1523 Traditional Rental Income: $1493 Airbnb ROI: 2.64% Traditional ROI: 4.39%
45 Sunset Court 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: 2.03% Traditional cash on cash: 5.21% Airbnb Rental Income: $1523 Traditional Rental Income: $1887 Airbnb ROI: 2.03% Traditional ROI: 5.21%
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%
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.	$369,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 3.88% Airbnb Rental Income: $2148 Traditional Rental Income: $2157 Airbnb ROI: 2.28% Traditional ROI: 3.88%
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: 4.44% Traditional cash on cash: 4.33% Airbnb Rental Income: $2148 Traditional Rental Income: $1572 Airbnb ROI: 4.44% 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.	$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 Step back in time while enjoying modern luxury in this breathtaking white Colonial-style h...	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%
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: 2.26% Traditional cash on cash: 3.96% Airbnb Rental Income: $1512 Traditional Rental Income: $1502 Airbnb ROI: 2.26% 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: 1.47% Traditional cash on cash: 2.22% Airbnb Rental Income: $2148 Traditional Rental Income: $1941 Airbnb ROI: 1.47% 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.	$315,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.39% Airbnb Rental Income: $1059 Traditional Rental Income: $1821 Airbnb ROI: -0.42% Traditional ROI: 3.39%
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.	$399,500	Airbnb cash on cash: 2.38% Traditional cash on cash: 5% Airbnb Rental Income: $2039 Traditional Rental Income: $2492 Airbnb ROI: 2.38% Traditional ROI: 5%

Real Estate investment in Covington, GA

There are 680 properties for sale in the city of Covington . The median list price in Covington is $345,000 and the average price per square foot is $147. In May 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $1,957.

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

There are 680 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 $1,957.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

230 Crestfield Cir

COVINGTON, GA

3 beds | 2 baths | 1,480 sq.ft.

$255,000

Airbnb cash on cash: 2.27%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1523

Traditional Rental Income: $1779

Airbnb ROI: 2.27%

Traditional ROI: 5.17%

90 Hoglen Dr

COVINGTON, GA

3 beds | 2 baths | 1,725 sq.ft.

$275,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1523

Traditional Rental Income: $1706

Airbnb ROI: 2.42%

Traditional ROI: 4.83%

4121 Summers St SW

COVINGTON, GA

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

$489,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $2570

Traditional Rental Income: $2179

Airbnb ROI: 2.5%

Traditional ROI: 2.99%

8370 Fairway Dr

COVINGTON, GA

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

$405,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1512

Traditional Rental Income: $2475

Airbnb ROI: 0.24%

Traditional ROI: 3.94%

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%

1041 Flat Rock Road

COVINGTON, GA

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

$599,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1304

Traditional Rental Income: $3955

Airbnb ROI: -0.55%

Traditional ROI: 4.91%

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: 4.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3502

Airbnb ROI: N/A

Traditional ROI: 4.72%

10100 Clearview Dr NW

COVINGTON, GA

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

$225,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1523

Traditional Rental Income: $1454

Airbnb ROI: 2.44%