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
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.	$430,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.66% Airbnb Rental Income: $1338 Traditional Rental Income: $2475 Airbnb ROI: -0.19% Traditional ROI: 3.66%
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: -0.25% Traditional cash on cash: 2.15% Airbnb Rental Income: $1123 Traditional Rental Income: $2147 Airbnb ROI: -0.25% Traditional ROI: 2.15%
90 Eastwood Cir COVINGTON, GA A beautiful place to call home. Situated on 1.2 acres, this charming home has 3 BR on main...	3 beds \| 2 baths \| 2,079 sq.ft.	$319,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.17% Airbnb Rental Income: $1623 Traditional Rental Income: $1821 Airbnb ROI: 1.99% Traditional ROI: 4.17%
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 \| 2 baths \| 4,535 sq.ft.	$519,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3% Airbnb Rental Income: $1863 Traditional Rental Income: $2518 Airbnb ROI: 0.62% Traditional ROI: 3%
6191 Indian Creek Cir 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.	$244,900	Airbnb cash on cash: 6.57% Traditional cash on cash: 7.16% Airbnb Rental Income: $2694 Traditional Rental Income: $2193 Airbnb ROI: 6.57% Traditional ROI: 7.16%
70 Camerons Way COVINGTON, GA This brick front ranch style home is on a full unfinished basement. This beauty is a must ...	3 beds \| 2 baths \| 1,774 sq.ft.	$299,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.63% Airbnb Rental Income: $1797 Traditional Rental Income: $1596 Airbnb ROI: 2.61% Traditional ROI: 3.63%
230 Forest Brook Dr COVINGTON, GA Charming 3 bed 3 bath ranch home. Mother in law suite with attached bonus room. Big bright...	3 beds \| 3 baths \| 1,922 sq.ft.	$315,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 4% Airbnb Rental Income: $1797 Traditional Rental Income: $1701 Airbnb ROI: 2.67% Traditional ROI: 4%
1623 Pratt Rd 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%
70 Countryside Ln COVINGTON, GA Welcome to this charming, fully updated 3-bedroom, 2-bath ranch nestled on a generous 0.6-...	3 beds \| 2 baths \| 1,701 sq.ft.	$249,900	Airbnb cash on cash: 6.46% Traditional cash on cash: 6.82% Airbnb Rental Income: $2694 Traditional Rental Income: $2140 Airbnb ROI: 6.46% Traditional ROI: 6.82%
115 Willow Springs Dr COVINGTON, GA Great location conveniently located.Main floor features vaulted ceiling in large family ro...	4 beds \| 2 baths \| 2,220 sq.ft.	$349,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.44% Airbnb Rental Income: $1863 Traditional Rental Income: $1876 Airbnb ROI: 1.88% Traditional ROI: 3.44%
115 Cross Creek Dr COVINGTON, GA Great ranch in more than one acre. Three bedrooms and two full baths. Kitchen with white c...	3 beds \| 2 baths \| 1,312 sq.ft.	$222,000	Airbnb cash on cash: 8.3% Traditional cash on cash: 5.03% Airbnb Rental Income: $2694 Traditional Rental Income: $1369 Airbnb ROI: 8.3% Traditional ROI: 5.03%
15 Glen Echo Dr COVINGTON, GA Mighty beautiful 5 bedroom 3.5 bath located at end of cul-de-sac. A must see. Plenty of s...	4 beds \| 3 baths \| 3,172 sq.ft.	$415,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.47% Airbnb Rental Income: $1863 Traditional Rental Income: $2155 Airbnb ROI: 1.44% Traditional ROI: 3.47%
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.	$260,000	Airbnb cash on cash: 6.14% Traditional cash on cash: 5.26% Airbnb Rental Income: $2694 Traditional Rental Income: $1839 Airbnb ROI: 6.14% Traditional ROI: 5.26%
90 Streamside Dr 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: 1.59% Traditional cash on cash: 3.85% Airbnb Rental Income: $1955 Traditional Rental Income: $2289 Airbnb ROI: 1.59% Traditional ROI: 3.85%
8384 Fairway Dr COVINGTON, GA 8384 Fairway Dr, COVINGTON, GA 30014 \| Single Family Residential	3 beds \| 2 baths \| 2,356 sq.ft.	$425,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 2.09% Airbnb Rental Income: $1338 Traditional Rental Income: $1610 Airbnb ROI: 0.37% Traditional ROI: 2.09%
115 Sagebrush Trl COVINGTON, GA 115 Sagebrush Trl, COVINGTON, GA 30014 \| Single Family Residential	4 beds \| 2 baths \| 3,285 sq.ft.	$350,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.91% Airbnb Rental Income: $1863 Traditional Rental Income: $1730 Airbnb ROI: 1.79% Traditional ROI: 2.91%
25 Aiken Ct COVINGTON, GA Welcome home to this well-maintained 3-bedroom, 2-bath, single-family ranch located in Cov...	3 beds \| 2 baths \| 1,425 sq.ft.	$275,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 5% Airbnb Rental Income: $1338 Traditional Rental Income: $1905 Airbnb ROI: 1.22% Traditional ROI: 5%
225 Dairyland Dr COVINGTON, GA This beautifully updated, move-in-ready home offers comfort and style, featuring 3 bedroom...	3 beds \| 2 baths \| 1,826 sq.ft.	$320,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 3.72% Airbnb Rental Income: $2694 Traditional Rental Income: $1939 Airbnb ROI: 4.11% Traditional ROI: 3.72%
145 Vinnys Ter COVINGTON, GA 2 story beauty in East Newton County gives the feel of country living but is located just ...	3 beds \| 2 baths \| 1,916 sq.ft.	$355,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.48% Airbnb Rental Income: $1623 Traditional Rental Income: $2224 Airbnb ROI: 1.3% Traditional ROI: 4.48%
230 Oak Meadows Pl 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.	$300,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 5.85% Airbnb Rental Income: $1863 Traditional Rental Income: $2297 Airbnb ROI: 2.55% Traditional ROI: 5.85%
105 Rivermist Dr COVINGTON, GA Beautifully updated 3 BR/2BA home in the quiet subdivision with NO HOA! This home features...	3 beds \| 2 baths \| 1,306 sq.ft.	$299,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.17% Airbnb Rental Income: $1623 Traditional Rental Income: $1746 Airbnb ROI: 2.11% Traditional ROI: 4.17%
45 Sunset Ct COVINGTON, GA Is there a 3-bed ranch in Covington on a private lot? Yes: 45 Sunset Ct is tucked into a q...	3 beds \| 2 baths \| 1,525 sq.ft.	$275,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.08% Airbnb Rental Income: $1797 Traditional Rental Income: $1887 Airbnb ROI: 2.84% Traditional ROI: 5.08%
50 Butler Bridge Cir COVINGTON, GA Step into this charming home that combines comfort, space, and style. As you enter the inv...	4 beds \| 2 baths \| 2,216 sq.ft.	$315,000	Airbnb cash on cash: 9.88% Traditional cash on cash: 5.37% Airbnb Rental Income: $4585 Traditional Rental Income: $2297 Airbnb ROI: 9.88% Traditional ROI: 5.37%
165 Bentley Place Way COVINGTON, GA 165 Bentley Place Way, COVINGTON, GA 30016 \| Single Family Residential	4 beds \| 2 baths \| 1,575 sq.ft.	$225,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 5.26% Airbnb Rental Income: $1955 Traditional Rental Income: $1620 Airbnb ROI: 4.41% Traditional ROI: 5.26%
160 Princeton Way COVINGTON, GA This Covington home offers hardwood flooring, a fireplace, a deck, and a two-car garage.	4 beds \| 2 baths \| 1,868 sq.ft.	$282,500	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.77% Airbnb Rental Income: $1955 Traditional Rental Income: $2079 Airbnb ROI: 3.37% Traditional ROI: 5.77%
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.	$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%
355 Parker Rd COVINGTON, GA Beautiful and private 2-story traditional brick home on over 3 wooded acres. Circular driv...	4 beds \| 2 baths \| 2,554 sq.ft.	$500,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.92% Airbnb Rental Income: $1863 Traditional Rental Income: $1886 Airbnb ROI: 0.8% Traditional ROI: 1.92%
135 Saddle Ln COVINGTON, GA Charming brick-front home featuring 3 bedrooms and 2 bathrooms. The primary suite is locat...	3 beds \| 2 baths \| 2,059 sq.ft.	$305,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.3% Airbnb Rental Income: $1338 Traditional Rental Income: $1610 Airbnb ROI: 0.92% Traditional ROI: 3.3%
215 Morningside Dr COVINGTON, GA Welcome home to this beautifully renovated 3-bedroom, 2-bath bungalow located in a quiet, ...	3 beds \| 2 baths \| 1,840 sq.ft.	$289,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.36% Airbnb Rental Income: $1338 Traditional Rental Income: $2221 Airbnb ROI: 1.6% Traditional ROI: 6.36%
65 Avery Dr COVINGTON, GA Beautifully maintained home with adorable rocking chair front porch in quiet established n...	4 beds \| 2 baths \| 2,252 sq.ft.	$290,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 4.77% Airbnb Rental Income: $1863 Traditional Rental Income: $1886 Airbnb ROI: 2.86% Traditional ROI: 4.77%
15 Savoy Park Dr COVINGTON, GA Beautifully Updated Ranch on Half an Acre in Covington! Welcome to this well-maintained 3-...	3 beds \| 2 baths \| 1,501 sq.ft.	$287,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.5% Airbnb Rental Income: $1338 Traditional Rental Income: $1827 Airbnb ROI: 1.17% Traditional ROI: 4.5%
340 Radcliffe Trce COVINGTON, GA "The ranch that checks every box-and then some!" Fall in love with this 4-bed, 2.5-bath ra...	3 beds \| 2 baths \| 1,542 sq.ft.	$275,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 5.89% Airbnb Rental Income: $1797 Traditional Rental Income: $2045 Airbnb ROI: 3.05% Traditional ROI: 5.89%
5316 N Dearing St SE COVINGTON, GA Amazing home in downtown Covington! 4 side brick on lovely corner lot. Main level has hdwd...	4 beds \| 3 baths \| 2,234 sq.ft.	$420,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 3.98% Airbnb Rental Income: $2110 Traditional Rental Income: $2326 Airbnb ROI: 2.06% Traditional ROI: 3.98%
11118 City Pond Rd COVINGTON, GA Farm charm beauty!! Recently renovated 4 bedroom 2 bathrooms.Decorative fireplace in l...	3 beds \| 2 baths \| 1,184 sq.ft.	$229,900	Airbnb cash on cash: 3.67% Traditional cash on cash: 4.69% Airbnb Rental Income: $1623 Traditional Rental Income: $1385 Airbnb ROI: 3.67% Traditional ROI: 4.69%
20 Tarpley Way COVINGTON, GA Imagine waking up every morning in a home that feels like a breath of fresh air-a place wh...	4 beds \| 2 baths \| 2,206 sq.ft.	$338,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.22% Airbnb Rental Income: $1863 Traditional Rental Income: $2085 Airbnb ROI: 1.95% Traditional ROI: 4.22%
75 Otelia Ln COVINGTON, GA FIX and FLIP, RENT or FIX and LIVE home on almost 1 ACRE. NEW ROOF, WINDOWS AND FASCIA. Gr...	3 beds \| 2 baths \| 2,268 sq.ft.	$314,700	Airbnb cash on cash: 2.26% Traditional cash on cash: 5.92% Airbnb Rental Income: $1721 Traditional Rental Income: $2327 Airbnb ROI: 2.26% Traditional ROI: 5.92%
230 Belmont Trl COVINGTON, GA Step into this charming ranch-style home that combines classic character with contemporary...	3 beds \| 2 baths \| 1,338 sq.ft.	$247,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.95% Airbnb Rental Income: $1338 Traditional Rental Income: $1738 Airbnb ROI: 1.47% Traditional ROI: 4.95%

Real Estate investment in Covington, GA

There are 514 properties for sale in the city of Covington . The median list price in Covington is $329,670 and the average price per square foot is $144. In January 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $1,886.

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

There are 514 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 $1,886.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

8370 Fairway Dr

COVINGTON, GA

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

$430,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1338

Traditional Rental Income: $2475

Airbnb ROI: -0.19%

Traditional ROI: 3.66%

1599 Lower River Rd

COVINGTON, GA

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

$625,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1123

Traditional Rental Income: $2147

Airbnb ROI: -0.25%

Traditional ROI: 2.15%

90 Eastwood Cir

COVINGTON, GA

3 beds | 2 baths | 2,079 sq.ft.

$319,900

Airbnb cash on cash: 1.99%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1623

Traditional Rental Income: $1821

Airbnb ROI: 1.99%

Traditional ROI: 4.17%

70 Alcovy Reserve Way

COVINGTON, GA

4 beds | 2 baths | 4,535 sq.ft.

$519,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3%

Airbnb Rental Income: $1863

Traditional Rental Income: $2518

Airbnb ROI: 0.62%

Traditional ROI: 3%

6191 Indian Creek Cir SW

COVINGTON, GA

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

$244,900

Airbnb cash on cash: 6.57%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $2694

Traditional Rental Income: $2193

Airbnb ROI: 6.57%

Traditional ROI: 7.16%

70 Camerons Way

COVINGTON, GA

3 beds | 2 baths | 1,774 sq.ft.

$299,900

Airbnb cash on cash: 2.61%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1797

Traditional Rental Income: $1596

Airbnb ROI: 2.61%

Traditional ROI: 3.63%

230 Forest Brook Dr

COVINGTON, GA

3 beds | 3 baths | 1,922 sq.ft.

$315,000

Airbnb cash on cash: 2.67%

Traditional cash on cash: 4%

Airbnb Rental Income: $1797

Traditional Rental Income: $1701

Airbnb ROI: 2.67%

Traditional ROI: 4%

1623 Pratt Rd

COVINGTON, GA

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