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
5656 Salem Road COVINGTON, GA INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribu...	2 beds \| 2 baths \| 1,766 sq.ft.	$214,000	Airbnb cash on cash: 7.15% Traditional cash on cash: 8.71% Airbnb Rental Income: $2542 Traditional Rental Income: $2246 Airbnb ROI: 7.15% Traditional ROI: 8.71%
5112 Anglin Street COVINGTON, GA Welcome Home! This spacious 4-bedroom, 3-bath home offers approximately 2,116 square feet ...	4 beds \| 3 baths \| 2,116 sq.ft.	$274,900	Airbnb cash on cash: 9.5% Traditional cash on cash: 6.12% Airbnb Rental Income: $3953 Traditional Rental Income: $2228 Airbnb ROI: 9.5% Traditional ROI: 6.12%
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: 5.51% Traditional cash on cash: 5.87% Airbnb Rental Income: $3012 Traditional Rental Income: $2424 Airbnb ROI: 5.51% Traditional ROI: 5.87%
70 Alcovy Reserve Way COVINGTON, GA Gracefully appointed and rich in timeless European-inspired character, this exceptional tw...	4 beds \| 3 baths \| 3,845 sq.ft.	$475,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.31% Airbnb Rental Income: $3012 Traditional Rental Income: $2518 Airbnb ROI: 2.87% Traditional ROI: 3.31%
420 Stone Ridge Way COVINGTON, GA Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch offering the perfect b...	3 beds \| 2 baths \| 1,384 sq.ft.	$250,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 4.36% Airbnb Rental Income: $2589 Traditional Rental Income: $1605 Airbnb ROI: 5.9% Traditional ROI: 4.36%
205 Woodcrest Drive COVINGTON, GA Welcome to 205 Woodcrest Drive, a beautifully maintained residence offering comfort, style...	3 beds \| 2 baths \| 1,435 sq.ft.	$237,900	Airbnb cash on cash: 7.13% Traditional cash on cash: 5.83% Airbnb Rental Income: $2785 Traditional Rental Income: $1839 Airbnb ROI: 7.13% Traditional ROI: 5.83%
225 Silver Ridge Road COVINGTON, GA Up to 6% seller-paid closing costs available to assist with buyer closing costs and/or an ...	4 beds \| 3 baths \| 2,584 sq.ft.	$365,000	Airbnb cash on cash: 5.44% Traditional cash on cash: 5.52% Airbnb Rental Income: $3439 Traditional Rental Income: $2704 Airbnb ROI: 5.44% Traditional ROI: 5.52%
45 Hunters Ridge Court COVINGTON, GA Welcome home to this traditional property situated on approximately 0.64 acres! Featuring ...	3 beds \| 3 baths \| 1,976 sq.ft.	$219,200	Airbnb cash on cash: 6.87% Traditional cash on cash: 7.95% Airbnb Rental Income: $2589 Traditional Rental Income: $2193 Airbnb ROI: 6.87% Traditional ROI: 7.95%
159 Alcovy Station Road COVINGTON, GA Enjoy modern comfort in this true 1920 farmhouse, beautifully remodeled in 2017 and though...	4 beds \| 4 baths \| 2,388 sq.ft.	$444,900	Airbnb cash on cash: 5.03% Traditional cash on cash: 6.85% Airbnb Rental Income: $3953 Traditional Rental Income: $3863 Airbnb ROI: 5.03% Traditional ROI: 6.85%
55 Concord Court COVINGTON, GA INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribu...	4 beds \| 3 baths \| 2,035 sq.ft.	$294,000	Airbnb cash on cash: 7.18% Traditional cash on cash: 5.82% Airbnb Rental Income: $3439 Traditional Rental Income: $2300 Airbnb ROI: 7.18% Traditional ROI: 5.82%
233 Elm Street COVINGTON, GA Nestled on 1.8 private, wooded acres in the Walton Woods subdivision, this charming Cape C...	3 beds \| 2 baths \| 1,830 sq.ft.	$324,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 2.83% Airbnb Rental Income: $2589 Traditional Rental Income: $1605 Airbnb ROI: 4.02% Traditional ROI: 2.83%
300 Glynnshire Court COVINGTON, GA FOUR BEDROOMS - THREE BATHS - LARGE FENCED BACKYARD - OVERSIZED PRIMARY SUITE - BONUS ROOM...	4 beds \| 3 baths \| 2,472 sq.ft.	$400,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 2.89% Airbnb Rental Income: $3012 Traditional Rental Income: $1964 Airbnb ROI: 3.84% Traditional ROI: 2.89%
30 Roberts Lane COVINGTON, GA INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribu...	3 beds \| 3 baths \| 1,950 sq.ft.	$283,000	Airbnb cash on cash: 5.73% Traditional cash on cash: 6.11% Airbnb Rental Income: $2719 Traditional Rental Income: $2178 Airbnb ROI: 5.73% Traditional ROI: 6.11%
345 Oak Hill Circle COVINGTON, GA Spacious 3-bedroom, 2-bathroom home situated on 1.85 acres with no HOA. The property offer...	3 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 4.54% Airbnb Rental Income: $2785 Traditional Rental Income: $1974 Airbnb ROI: 5.1% Traditional ROI: 4.54%
5124 Worsham Street NE COVINGTON, GA Opportunity awaits in Covington! This 3 bedroom, 2 bath property offers great potential fo...	3 beds \| 2 baths \| 1,788 sq.ft.	$255,000	Airbnb cash on cash: 6.44% Traditional cash on cash: 6.11% Airbnb Rental Income: $2719 Traditional Rental Income: $1998 Airbnb ROI: 6.44% Traditional ROI: 6.11%
455 Cambridge Way COVINGTON, GA Beautiful 4-Bedroom Home with Space, Privacy & Endless Possibilities Welcome home! This be...	4 beds \| 2 baths \| 1,641 sq.ft.	$285,000	Airbnb cash on cash: 6.34% Traditional cash on cash: 5.7% Airbnb Rental Income: $3012 Traditional Rental Income: $2150 Airbnb ROI: 6.34% Traditional ROI: 5.7%
11953 Brown Bridge Road COVINGTON, GA Welcome to Effortless Living at 11953 Browns Bridge Road, Covington! SOLD AS-IS - Do Not D...	3 beds \| 2 baths \| 1,436 sq.ft.	$267,911	Airbnb cash on cash: 6.27% Traditional cash on cash: 5.13% Airbnb Rental Income: $2785 Traditional Rental Income: $1843 Airbnb ROI: 6.27% Traditional ROI: 5.13%
5120 Arnold Street COVINGTON, GA Welcome to Clarks Grove! Step into this upscale home located in one of Covington's most so...	4 beds \| 3 baths \| 2,127 sq.ft.	$387,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.06% Airbnb Rental Income: $3439 Traditional Rental Income: $2492 Airbnb ROI: 4.57% Traditional ROI: 4.06%
471 Womack Road COVINGTON, GA This is the one you've been waiting for! 471 Womack Road is freshly updated with new floor...	3 beds \| 1 baths \| 1,375 sq.ft.	$245,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 4.56% Airbnb Rental Income: $2848 Traditional Rental Income: $1590 Airbnb ROI: 7.13% Traditional ROI: 4.56%
55 Riverbrooke Terrace COVINGTON, GA Welcome to this spacious and well-maintained home located in the desirable Riverbrooke com...	3 beds \| 2 baths \| 1,725 sq.ft.	$265,000	Airbnb cash on cash: 5.35% Traditional cash on cash: 5.39% Airbnb Rental Income: $2589 Traditional Rental Income: $1978 Airbnb ROI: 5.35% Traditional ROI: 5.39%
135 DOVES NEST COVINGTON, GA This beautifully refurbished 3-bedroom, 2-bath home offers modern updates, comfortable liv...	3 beds \| 2 baths \| 1,283 sq.ft.	$239,900	Airbnb cash on cash: 6.94% Traditional cash on cash: 4.95% Airbnb Rental Income: $2785 Traditional Rental Income: $1680 Airbnb ROI: 6.94% Traditional ROI: 4.95%
15923 Highway 36 COVINGTON, GA SHORT SALE OPPORTUNITY! Don't miss this solid 4-sided brick ranch situated on approximatel...	3 beds \| 3 baths \| 1,352 sq.ft.	$200,000	Airbnb cash on cash: 7.97% Traditional cash on cash: 6.06% Airbnb Rental Income: $2589 Traditional Rental Income: $1605 Airbnb ROI: 7.97% Traditional ROI: 6.06%
140 Stewart Glen Drive COVINGTON, GA Stop scrolling and start packing!!! Your dream home just called to tell you, "Move quickly...	5 beds \| 3 baths \| 3,140 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2807 Airbnb ROI: N/A Traditional ROI: 5.49%
90 Ascott Trace COVINGTON, GA INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribu...	4 beds \| 3 baths \| 1,792 sq.ft.	$280,000	Airbnb cash on cash: 6.24% Traditional cash on cash: 6.31% Airbnb Rental Income: $3012 Traditional Rental Income: $2340 Airbnb ROI: 6.24% Traditional ROI: 6.31%
20 Cope Court COVINGTON, GA Welcome home to this beautifully designed 4-bedroom, 3-full-bath ranch located on a quiet ...	4 beds \| 3 baths \| 2,194 sq.ft.	$340,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.33% Airbnb Rental Income: $3012 Traditional Rental Income: $2120 Airbnb ROI: 4.96% Traditional ROI: 4.33%
145 Arthurs Lane COVINGTON, GA Well-maintained and move-in ready split-level home located in a quiet neighborhood. Featur...	3 beds \| 2 baths \| 1,456 sq.ft.	$249,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 5.33% Airbnb Rental Income: $2589 Traditional Rental Income: $1820 Airbnb ROI: 5.96% Traditional ROI: 5.33%
155 Alcovy Reserve Way COVINGTON, GA Privacy, space, and NO HOA! Welcome to this beautiful 4-bedroom, 3-bath ranch-style home, ...	4 beds \| 3 baths \| N/A	$475,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 3.67% Airbnb Rental Income: $3012 Traditional Rental Income: $2604 Airbnb ROI: 3.04% Traditional ROI: 3.67%
60 Dews Trail COVINGTON, GA WOW! GORGEOUS RENOVATED SPLIT FOYER HOME! NO EXPENSE SPARED IN MAKING THIS THE ABSOLUTE MO...	4 beds \| 2 baths \| N/A	$359,900	Airbnb cash on cash: 4.86% Traditional cash on cash: 3.57% Airbnb Rental Income: $3012 Traditional Rental Income: $1886 Airbnb ROI: 4.86% Traditional ROI: 3.57%
20 Bingley Court COVINGTON, GA AGGRESSIVELY PRICED INVESTMENT OPPORTUNITY! Built in 2020 and just minutes from Downtown C...	4 beds \| 3 baths \| 2,136 sq.ft.	$319,500	Airbnb cash on cash: 5.23% Traditional cash on cash: 5.48% Airbnb Rental Income: $3012 Traditional Rental Income: $2397 Airbnb ROI: 5.23% Traditional ROI: 5.48%
30 Snapdragon Lane COVINGTON, GA Welcome home to this inviting 4-bedroom, 2.5-bathroom home in the desirable River Walk Far...	4 beds \| 3 baths \| 2,492 sq.ft.	$315,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 3.36% Airbnb Rental Income: $3012 Traditional Rental Income: $1886 Airbnb ROI: 4.83% Traditional ROI: 3.36%
11700 Hazelbrand Road NE COVINGTON, GA Welcome to your 2-acre sanctuary in Covington, Georgia. Built in 2005, this 2,578-square-f...	3 beds \| 2 baths \| 2,578 sq.ft.	$454,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 1.68% Airbnb Rental Income: $2719 Traditional Rental Income: $1651 Airbnb ROI: 2.68% Traditional ROI: 1.68%
5135 Arnold Street COVINGTON, GA BUYER INCENTIVES! UP TO $10,500 IN POTENTIAL BUYER SAVINGS! Ask about the $8,000 seller in...	3 beds \| 4 baths \| 2,585 sq.ft.	$374,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.28% Airbnb Rental Income: $2785 Traditional Rental Income: $3277 Airbnb ROI: 3.03% Traditional ROI: 6.28%
556 Stewart Road COVINGTON, GA Open House Friday October 23, 2026 11-3 EXCEPTIONAL OPPORTUNITY WITH SELLER INCENTIVES! Se...	3 beds \| 2 baths \| 2,370 sq.ft.	$295,000	Airbnb cash on cash: 4.43% Traditional cash on cash: 5.28% Airbnb Rental Income: $2589 Traditional Rental Income: $2204 Airbnb ROI: 4.43% Traditional ROI: 5.28%
180 Ascott Trace COVINGTON, GA Opportunity awaits with this 4-bedroom, 2.5-bath Craftsman-style home offering approximate...	4 beds \| 3 baths \| 2,372 sq.ft.	$290,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 7.08% Airbnb Rental Income: $3012 Traditional Rental Income: $2666 Airbnb ROI: 5.82% Traditional ROI: 7.08%
90 Victory Lane COVINGTON, GA Welcome home to 90 Victory Lane, a stunning single-family retreat nestled on a prime ~0.60...	4 beds \| 3 baths \| 2,400 sq.ft.	$335,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 4.81% Airbnb Rental Income: $3012 Traditional Rental Income: $2337 Airbnb ROI: 4.75% Traditional ROI: 4.81%
135 Timberlake Terrace COVINGTON, GA This charming two-story, four-bedroom, three-bath home offers plenty of space and potentia...	4 beds \| 3 baths \| 2,625 sq.ft.	$305,000	Airbnb cash on cash: 6.64% Traditional cash on cash: 4.8% Airbnb Rental Income: $3439 Traditional Rental Income: $2149 Airbnb ROI: 6.64% Traditional ROI: 4.8%
95 Park Place Drive COVINGTON, GA Well-maintained ranch on just over an acre with no HOA and an incredible detached oversize...	3 beds \| 2 baths \| 1,402 sq.ft.	$274,900	Airbnb cash on cash: 5.9% Traditional cash on cash: 5.21% Airbnb Rental Income: $2785 Traditional Rental Income: $1954 Airbnb ROI: 5.9% Traditional ROI: 5.21%
323 Spring Road COVINGTON, GA Your private retreat awaits in Covington! Buyer's choice, seller offering a 2-1 buy down o...	3 beds \| 2 baths \| 1,830 sq.ft.	$309,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 4.81% Airbnb Rental Income: $2848 Traditional Rental Income: $2069 Airbnb ROI: 5.2% Traditional ROI: 4.81%

Real Estate investment in Covington, GA

There are 362 properties for sale in the city of Covington . The median list price in Covington is $321,847 and the average price per square foot is $144. In November 2026, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $2,086.

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

There are 362 investment properties available for sale in Covington.

In 2026, 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 $2,848.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, GA

5656 Salem Road

COVINGTON, GA

2 beds | 2 baths | 1,766 sq.ft.

$214,000

Airbnb cash on cash: 7.15%

Traditional cash on cash: 8.71%

Airbnb Rental Income: $2542

Traditional Rental Income: $2246

Airbnb ROI: 7.15%

Traditional ROI: 8.71%

5112 Anglin Street

COVINGTON, GA

4 beds | 3 baths | 2,116 sq.ft.

$274,900

Airbnb cash on cash: 9.5%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $3953

Traditional Rental Income: $2228

Airbnb ROI: 9.5%

Traditional ROI: 6.12%

220 Betty Ann Lane

COVINGTON, GA

4 beds | 3 baths | 2,733 sq.ft.

$305,000

Airbnb cash on cash: 5.51%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $3012

Traditional Rental Income: $2424

Airbnb ROI: 5.51%

Traditional ROI: 5.87%

70 Alcovy Reserve Way

COVINGTON, GA

4 beds | 3 baths | 3,845 sq.ft.

$475,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $3012

Traditional Rental Income: $2518

Airbnb ROI: 2.87%

Traditional ROI: 3.31%

420 Stone Ridge Way

COVINGTON, GA

3 beds | 2 baths | 1,384 sq.ft.

$250,000

Airbnb cash on cash: 5.9%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $2589

Traditional Rental Income: $1605

Airbnb ROI: 5.9%

Traditional ROI: 4.36%

205 Woodcrest Drive

COVINGTON, GA

3 beds | 2 baths | 1,435 sq.ft.

$237,900

Airbnb cash on cash: 7.13%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $2785

Traditional Rental Income: $1839

Airbnb ROI: 7.13%

Traditional ROI: 5.83%

225 Silver Ridge Road

COVINGTON, GA

4 beds | 3 baths | 2,584 sq.ft.

$365,000

Airbnb cash on cash: 5.44%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $3439

Traditional Rental Income: $2704

Airbnb ROI: 5.44%

Traditional ROI: 5.52%

45 Hunters Ridge Court

COVINGTON, GA

3 beds | 3 baths | 1,976 sq.ft.

$219,200

Airbnb cash on cash: 6.87%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $2589

Traditional Rental Income: $2193

Airbnb ROI: 6.87%