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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$279,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 5.97% Airbnb Rental Income: $2946 Traditional Rental Income: $2034 Airbnb ROI: 6.85% Traditional ROI: 5.97%
55 Tall Oak Trail COVINGTON, GA Yes!!! You can book the moving truck TODAY!! You finally found the right location, price, ...	3 beds \| 2 baths \| 1,748 sq.ft.	$300,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 4.9% Airbnb Rental Income: $2557 Traditional Rental Income: $1998 Airbnb ROI: 4.7% Traditional ROI: 4.9%
100 Wyndmont Way COVINGTON, GA Welcome home to this beautifully updated 4-bedroom, 2.5-bathroom residence nestled on a sp...	4 beds \| 3 baths \| 3,275 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2437 Airbnb ROI: N/A Traditional ROI: 4.5%
25 Rolling Ridge Court COVINGTON, GA Welcome to this one level, home! This charming 3-bedroom ranch, situated in a quiet commun...	3 beds \| 2 baths \| 1,404 sq.ft.	$265,000	Airbnb cash on cash: 7.35% Traditional cash on cash: 5.11% Airbnb Rental Income: $3075 Traditional Rental Income: $1813 Airbnb ROI: 7.35% Traditional ROI: 5.11%
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.	$409,000	Airbnb cash on cash: 6.11% Traditional cash on cash: 4.86% Airbnb Rental Income: $3954 Traditional Rental Income: $2624 Airbnb ROI: 6.11% Traditional ROI: 4.86%
25 Rolling Ridge COVINGTON, GA Welcome to this one level, home! This charming 3-bedroom ranch, situated in a quiet commun...	3 beds \| 2 baths \| 1,404 sq.ft.	$265,000	Airbnb cash on cash: 7.35% Traditional cash on cash: 5.36% Airbnb Rental Income: $3075 Traditional Rental Income: $1876 Airbnb ROI: 7.35% Traditional ROI: 5.36%
30 Stonewall COVINGTON, GA Beautiful 2 Story on Corner Lot with Circular Driveway - Totally Renovated - 4 Bedrooms 2....	4 beds \| 3 baths \| 2,259 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $2333 Airbnb ROI: N/A Traditional ROI: 4.64%
90 Streamside Drive COVINGTON, GA BACK ON THE MARKET AT NO FAULT OF THE SELLER!! Step into your dream retreat with this stun...	4 beds \| 3 baths \| 2,193 sq.ft.	$400,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 3.85% Airbnb Rental Income: $2549 Traditional Rental Income: $2289 Airbnb ROI: 2.91% Traditional ROI: 3.85%
60 Hammock Drive COVINGTON, GA 100-Day Home Warranty coverage available at closing.Welcome to your dream home! This prope...	3 beds \| 3 baths \| 2,728 sq.ft.	$330,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 5.51% Airbnb Rental Income: $2759 Traditional Rental Income: $2489 Airbnb ROI: 4.29% Traditional ROI: 5.51%
450 Pebble Boulevard COVINGTON, GA Great open floor plan with updated interior that features a new HVAC system , new carpet, ...	3 beds \| 3 baths \| 1,610 sq.ft.	$279,900	Airbnb cash on cash: 6.57% Traditional cash on cash: 4.99% Airbnb Rental Income: $3075 Traditional Rental Income: $1959 Airbnb ROI: 6.57% Traditional ROI: 4.99%
46 Russell Braden Road COVINGTON, GA Welcome to 46 Russell Braden Road-where space, updates, and location come together on a pe...	3 beds \| 1 baths \| 2,883 sq.ft.	$265,000	Airbnb cash on cash: 6.11% Traditional cash on cash: 4.4% Airbnb Rental Income: $2694 Traditional Rental Income: $1628 Airbnb ROI: 6.11% Traditional ROI: 4.4%
136 Pine COVINGTON, GA This charming 3 bedroom, 2 bath home is ready for its new owner, nestled in a peaceful sub...	3 beds \| 2 baths \| 1,250 sq.ft.	$267,900	Airbnb cash on cash: 7.25% Traditional cash on cash: 4.51% Airbnb Rental Income: $3075 Traditional Rental Income: $1682 Airbnb ROI: 7.25% Traditional ROI: 4.51%
160 Cross COVINGTON, GA Welcome to 160 Cross Road, a custom rural retreat nestled in the heart of Covington, GA. T...	4 beds \| 2 baths \| 2,725 sq.ft.	$765,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.94% Airbnb Rental Income: $2221 Traditional Rental Income: $2644 Airbnb ROI: 0.56% Traditional ROI: 1.94%
30 Creek Bottom Drive COVINGTON, GA Very comfortable 4-Bedroom, 3-Bath Home on Expansive .72-Acre Lot â Modern Comfort Meets...	4 beds \| 3 baths \| 1,500 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $2022 Airbnb ROI: N/A Traditional ROI: 5.74%
25 Shady Oaks Trail COVINGTON, GA Donât Miss This One! Welcome to this stunning 3BR/2.5BA gem tucked inside the highly so...	3 beds \| 3 baths \| 1,639 sq.ft.	$285,000	Airbnb cash on cash: 5.81% Traditional cash on cash: 5.4% Airbnb Rental Income: $2847 Traditional Rental Income: $2074 Airbnb ROI: 5.81% Traditional ROI: 5.4%
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%
195 McCord Street COVINGTON, GA This beautifully updated 3-bedroom, 2-bath home is move-in ready with a NEW roof, NEW HVAC...	3 beds \| 2 baths \| 2,130 sq.ft.	$324,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 5.51% Airbnb Rental Income: $3075 Traditional Rental Income: $2385 Airbnb ROI: 5.47% Traditional ROI: 5.51%
9122 GOLFVIEW Circle COVINGTON, GA Welcome to this spacious 4-bedroom, 2.5-bath home in Covington Place! Situated in a desira...	4 beds \| 3 baths \| 2,234 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $2513 Airbnb ROI: N/A Traditional ROI: 5.5%
10 Toscanno COVINGTON, GA BRING ALL OFFERS & MOTIVATED SELLER Instant Equity Opportunity! This charming 4-bedroom...	5 beds \| 4 baths \| 3,200 sq.ft.	$430,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 6.22% Airbnb Rental Income: $3458 Traditional Rental Income: $3419 Airbnb ROI: 4.42% Traditional ROI: 6.22%
95 Channing Drive COVINGTON, GA This thoughtfully designed 4-bedroom, 3-bathroom home offers a spacious, flexible layout p...	4 beds \| 3 baths \| 2,594 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 4.62%
120 Falls Crossing COVINGTON, GA Spacious 5-Bedroom, 3-Bathroom Home in a Peaceful Covington Community! This beautiful r...	5 beds \| 3 baths \| 2,429 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $2547 Airbnb ROI: N/A Traditional ROI: 6.23%
340 Radcliffe Trace COVINGTON, GA âThe ranch that checks every boxâand then some!â Fall in love with this 4-bed, 2.5-...	3 beds \| 3 baths \| 1,542 sq.ft.	$305,000	Airbnb cash on cash: 6.37% Traditional cash on cash: 5.22% Airbnb Rental Income: $3075 Traditional Rental Income: $2045 Airbnb ROI: 6.37% Traditional ROI: 5.22%
30 Trelawney Court COVINGTON, GA This move-in ready ranch-style gem offers 3 bedrooms and 2 full bathrooms on the main leve...	4 beds \| 3 baths \| 2,363 sq.ft.	$310,000	Airbnb cash on cash: 9.86% Traditional cash on cash: 5.06% Airbnb Rental Income: $4585 Traditional Rental Income: $2232 Airbnb ROI: 9.86% Traditional ROI: 5.06%
20 Tarpley Way COVINGTON, GA PRICED TO SELL Imagine waking up every morning in a home that feels like a breath of f...	4 beds \| 3 baths \| 2,206 sq.ft.	$338,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2085 Airbnb ROI: N/A Traditional ROI: 4.22%
230 Belmont Trail COVINGTON, GA Step into this charming ranch-style home that combines classic character with contemporary...	3 beds \| 2 baths \| 1,338 sq.ft.	$251,940	Airbnb cash on cash: 6.4% Traditional cash on cash: 4.84% Airbnb Rental Income: $2759 Traditional Rental Income: $1738 Airbnb ROI: 6.4% Traditional ROI: 4.84%
145 Whispering Pine Drive COVINGTON, GA Beautiful ranch home in Whispering Pines subdivision! Located on a cul-de-sac! Covered, ro...	3 beds \| 2 baths \| 1,572 sq.ft.	$285,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 4.91% Airbnb Rental Income: $2694 Traditional Rental Income: $1900 Airbnb ROI: 5.5% Traditional ROI: 4.91%
200 McGuirts Bridge Road COVINGTON, GA Welcome to your beautiful and secluded COVEY PARK home. Completely gated on 5.7 fully secu...	4 beds \| 6 baths \| 4,650 sq.ft.	$650,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 9.48% Airbnb Rental Income: $3954 Traditional Rental Income: $6964 Airbnb ROI: 3.12% Traditional ROI: 9.48%
9129 Bent Pine Court NE COVINGTON, GA Donât miss this beautifully remodeled 3-bedroom, 2-bath ranch home in the heart of Covin...	3 beds \| 2 baths \| 1,145 sq.ft.	$203,000	Airbnb cash on cash: 7.65% Traditional cash on cash: 6.18% Airbnb Rental Income: $2557 Traditional Rental Income: $1658 Airbnb ROI: 7.65% Traditional ROI: 6.18%
60 Newton Ridge Drive COVINGTON, GA Discover this beautifully updated 3-bedroom, 3-bathroom, Georgian-style home, nestled on j...	3 beds \| 3 baths \| 1,890 sq.ft.	$250,000	Airbnb cash on cash: 5.72% Traditional cash on cash: 6.81% Airbnb Rental Income: $2557 Traditional Rental Income: $2199 Airbnb ROI: 5.72% Traditional ROI: 6.81%
183 Elm Street COVINGTON, GA Welcome to this charming single-story residence, nestled amidst serene nature on a large 1...	3 beds \| 2 baths \| 1,458 sq.ft.	$285,000	Airbnb cash on cash: 6.84% Traditional cash on cash: 5.31% Airbnb Rental Income: $3075 Traditional Rental Income: $1965 Airbnb ROI: 6.84% Traditional ROI: 5.31%
36 Mount Tabor Road COVINGTON, GA Welcome to this 3 bedroom 2 bath home sitting on over an acre lot. The home has been recen...	3 beds \| 2 baths \| 1,508 sq.ft.	$260,000	Airbnb cash on cash: 7.55% Traditional cash on cash: 4.94% Airbnb Rental Income: $3075 Traditional Rental Income: $1733 Airbnb ROI: 7.55% Traditional ROI: 4.94%
120 Aspen Forest Drive COVINGTON, GA Pending Short Sale Approval - Sold As Is! Welcome to a beautiful home in an established ne...	4 beds \| 3 baths \| 2,136 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2051 Airbnb ROI: N/A Traditional ROI: 5.2%
136 Fairlane Drive COVINGTON, GA Don't miss this beautiful 3-bedroom, 2-bathroom home nestled on a spacious 2-acre lot-offe...	3 beds \| 2 baths \| 1,831 sq.ft.	$299,999	Airbnb cash on cash: 5.35% Traditional cash on cash: 5.15% Airbnb Rental Income: $2759 Traditional Rental Income: $2052 Airbnb ROI: 5.35% Traditional ROI: 5.15%
6127 Floyd COVINGTON, GA $40,000 REDUCED!!!Beautiful 4-sided Brick Home in the highly sought after Covington Square...	4 beds \| 2 baths \| 3,290 sq.ft.	$419,999	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.11% Airbnb Rental Income: $1960 Traditional Rental Income: $2228 Airbnb ROI: 1.12% Traditional ROI: 3.11%
40 Eryn Terrace COVINGTON, GA *"BUYER INCENTIVE - UP TO $10,000" (FOR QUALIFIED BUYERS) TOWARD RATE BUYDOWNS AND CLOSIN...	4 beds \| 2 baths \| N/A	$429,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 4.65% Airbnb Rental Income: $2593 Traditional Rental Income: $2408 Airbnb ROI: 3.56% Traditional ROI: 4.65%
27 Elm Street COVINGTON, GA Nestled in the heart of Porterdaleâs Historic District, this beautifully restored 3-bedr...	3 beds \| 2 baths \| 1,590 sq.ft.	$285,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 2.72% Airbnb Rental Income: $2759 Traditional Rental Income: $1427 Airbnb ROI: 5.27% Traditional ROI: 2.72%
245 Brickstone Parkway COVINGTON, GA Awesome Dakota E Plan.This home is a fantastic 4 bedrooms 2.5 bath 2 story home .The owner...	4 beds \| 3 baths \| 3,022 sq.ft.	$364,900	Airbnb cash on cash: 5.56% Traditional cash on cash: 5.64% Airbnb Rental Income: $3522 Traditional Rental Income: $2773 Airbnb ROI: 5.56% Traditional ROI: 5.64%

Real Estate investment in Covington, GA

There are 429 properties for sale in the city of Covington . The median list price in Covington is $338,000 and the average price per square foot is $148. In September 2025, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $2,308.

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

There are 429 investment properties available for sale in Covington.

In 2025, the best neighborhood to buy investment property is Sandhill-Texas Alley.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $2,759.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

150 Chandler Trace

COVINGTON, GA

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

$279,000

Airbnb cash on cash: 6.85%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $2946

Traditional Rental Income: $2034

Airbnb ROI: 6.85%

Traditional ROI: 5.97%

55 Tall Oak Trail

COVINGTON, GA

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

$300,000

Airbnb cash on cash: 4.7%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $2557

Traditional Rental Income: $1998

Airbnb ROI: 4.7%

Traditional ROI: 4.9%

100 Wyndmont Way

COVINGTON, GA

4 beds | 3 baths | 3,275 sq.ft.

$384,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2437

Airbnb ROI: N/A

Traditional ROI: 4.5%

25 Rolling Ridge Court

COVINGTON, GA

3 beds | 2 baths | 1,404 sq.ft.

$265,000

Airbnb cash on cash: 7.35%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $3075

Traditional Rental Income: $1813

Airbnb ROI: 7.35%

Traditional ROI: 5.11%

595 Ridgeway Road

COVINGTON, GA

4 beds | 3 baths | 2,634 sq.ft.

$409,000

Airbnb cash on cash: 6.11%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $3954

Traditional Rental Income: $2624

Airbnb ROI: 6.11%

Traditional ROI: 4.86%

25 Rolling Ridge

COVINGTON, GA

3 beds | 2 baths | 1,404 sq.ft.

$265,000

Airbnb cash on cash: 7.35%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $3075

Traditional Rental Income: $1876

Airbnb ROI: 7.35%

Traditional ROI: 5.36%

30 Stonewall

COVINGTON, GA

4 beds | 3 baths | 2,259 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.64%

Airbnb Rental Income: $null

Traditional Rental Income: $2333

Airbnb ROI: N/A

Traditional ROI: 4.64%

90 Streamside Drive

COVINGTON, GA

4 beds | 3 baths | 2,193 sq.ft.

$400,000

Airbnb cash on cash: 2.91%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $2549

Traditional Rental Income: $2289

Airbnb ROI: 2.91%