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
170 Chandler Trace COVINGTON, GA Welcome to 170 Chandler Trace, a striking new-construction A-Frame home crafted in 2025, b...	4 beds \| 3 baths \| 1,733 sq.ft.	$284,000	Airbnb cash on cash: 8.41% Traditional cash on cash: 5.93% Airbnb Rental Income: $3490 Traditional Rental Income: $2056 Airbnb ROI: 8.41% Traditional ROI: 5.93%
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.	$269,000	Airbnb cash on cash: 7.14% Traditional cash on cash: 6.23% Airbnb Rental Income: $2946 Traditional Rental Income: $2034 Airbnb ROI: 7.14% Traditional ROI: 6.23%
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 \| 3 baths \| 4,535 sq.ft.	$524,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 2.96%
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.	$369,000	Airbnb cash on cash: 6.87% Traditional cash on cash: 5.48% Airbnb Rental Income: $3954 Traditional Rental Income: $2624 Airbnb ROI: 6.87% Traditional ROI: 5.48%
1623 Pratt Road 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%
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.	$270,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 5.03% Airbnb Rental Income: $2694 Traditional Rental Income: $1839 Airbnb ROI: 5.88% Traditional ROI: 5.03%
70 Mountainside Lane COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this beautifully upd...	3 beds \| 2 baths \| 1,628 sq.ft.	$275,000	Airbnb cash on cash: 5.81% Traditional cash on cash: 5.07% Airbnb Rental Income: $2759 Traditional Rental Income: $1919 Airbnb ROI: 5.81% Traditional ROI: 5.07%
90 Streamside Drive 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: 2.91% Traditional cash on cash: 3.85% Airbnb Rental Income: $2549 Traditional Rental Income: $2289 Airbnb ROI: 2.91% Traditional ROI: 3.85%
80 Shenandoah Lane COVINGTON, GA Step inside this inviting home where comfort meets convenience! The open-concept design cr...	4 beds \| 2 baths \| 1,862 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $2061 Airbnb ROI: N/A Traditional ROI: 4.82%
230 Oak Meadows 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: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2378 Airbnb ROI: N/A Traditional ROI: 6.03%
230 Oak Meadows Place COVINGTON, GA Seller may consider buyer concessions if made in an offer. Move-in ready in Covingtonâs ...	4 beds \| 3 baths \| 2,112 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2297 Airbnb ROI: N/A Traditional ROI: 5.75%
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 \| 3,672 sq.ft.	$416,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 7.41% Airbnb Rental Income: $4585 Traditional Rental Income: $3659 Airbnb ROI: 7.34% Traditional ROI: 7.41%
50 Rosemoore Drive COVINGTON, GA Beautifully Updated 5-Bed, 2-Bath Home in Quiet Covington Community! Welcome to 50 Rose...	5 beds \| 2 baths \| 2,369 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 7.13%
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 Very Motivated Seller! This charming 3 bedroom, 2 bath home is ready for its new owner, ne...	3 beds \| 2 baths \| 1,250 sq.ft.	$259,000	Airbnb cash on cash: 7.53% Traditional cash on cash: 4.7% Airbnb Rental Income: $3075 Traditional Rental Income: $1682 Airbnb ROI: 7.53% Traditional ROI: 4.7%
190 Timberlake Terrace COVINGTON, GA This beautiful 4-bedroom, 3-bath home is perfect for entertaining with its open concept li...	4 beds \| 3 baths \| 2,759 sq.ft.	$345,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 5.6% Airbnb Rental Income: $3522 Traditional Rental Income: $2543 Airbnb ROI: 6.22% Traditional ROI: 5.6%
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%
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.	$314,900	Airbnb cash on cash: 5.68% Traditional cash on cash: 5.71% Airbnb Rental Income: $3075 Traditional Rental Income: $2385 Airbnb ROI: 5.68% Traditional ROI: 5.71%
9122 GOLFVIEW Circle COVINGTON, GA Located just outside historic downtown Covington, where charming shops, delicious restaura...	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%
215 RYAN Lane COVINGTON, GA Welcome home! This cozy and chic house sits nestled inside of Covingtonâs coveted Orchar...	3 beds \| 2 baths \| 1,593 sq.ft.	$319,900	Airbnb cash on cash: 4.2% Traditional cash on cash: 4.23% Airbnb Rental Income: $2557 Traditional Rental Income: $1949 Airbnb ROI: 4.2% Traditional ROI: 4.23%
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%
195 Sampson Court COVINGTON, GA Seller may consider buyer concessions if made in an offer. Welcome to this beautifully upd...	3 beds \| 2 baths \| 1,858 sq.ft.	$309,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 5.09% Airbnb Rental Income: $2759 Traditional Rental Income: $2143 Airbnb ROI: 4.98% Traditional ROI: 5.09%
15 Savoy Park Drive COVINGTON, GA "Motivated Seller" With a full price offer, Seller is willing to contribute towards closin...	3 beds \| 2 baths \| 1,501 sq.ft.	$287,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 4.36% Airbnb Rental Income: $2759 Traditional Rental Income: $1827 Airbnb ROI: 5.41% Traditional ROI: 4.36%
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.	$275,000	Airbnb cash on cash: 7.15% Traditional cash on cash: 5.89% Airbnb Rental Income: $3075 Traditional Rental Income: $2045 Airbnb ROI: 7.15% Traditional ROI: 5.89%
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 Imagine waking up every morning in a home that feels like a breath of fresh airâa place ...	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%
205 Chestnut Drive COVINGTON, GA An attractively priced opportunity for you to build equity!! This home is currently utiliz...	5 beds \| 2 baths \| 2,279 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $2326 Airbnb ROI: N/A Traditional ROI: 7.29%
205 Chestnut COVINGTON, GA attractively priced opportunity for you to build equity!! This home is currently utilized ...	5 beds \| 3 baths \| 2,279 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.63% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 7.63%
155 Oak Terrace COVINGTON, GA Welcome to 155 Oak Terrace Drive-a home that whispers rest before you even step inside. Th...	4 beds \| 3 baths \| 1,907 sq.ft.	$281,000	Airbnb cash on cash: 9.06% Traditional cash on cash: 5.59% Airbnb Rental Income: $3954 Traditional Rental Income: $2188 Airbnb ROI: 9.06% Traditional ROI: 5.59%
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.	$247,000	Airbnb cash on cash: 6.55% Traditional cash on cash: 4.95% Airbnb Rental Income: $2759 Traditional Rental Income: $1738 Airbnb ROI: 6.55% Traditional ROI: 4.95%
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.	$269,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 5.24% Airbnb Rental Income: $2694 Traditional Rental Income: $1900 Airbnb ROI: 5.85% Traditional ROI: 5.24%
330 Chestnut Drive COVINGTON, GA Beautiful home in Chestnut Corners! Covered, rocking chair front porch! Spacious living ro...	3 beds \| 2 baths \| 1,553 sq.ft.	$270,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.99% Airbnb Rental Income: $2759 Traditional Rental Income: $1861 Airbnb ROI: 5.97% Traditional ROI: 4.99%
560 Clearbrook Drive COVINGTON, GA Welcome Home to your DREAM RETREAT...ONE OF A KIND PROPERTY nestled on a one acre of land ...	3 beds \| 2 baths \| 2,355 sq.ft.	$415,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 2.79% Airbnb Rental Income: $2694 Traditional Rental Income: $1903 Airbnb ROI: 3.18% Traditional ROI: 2.79%
711 Highway 162 COVINGTON, GA This sweet humble abode is waiting for its new owners! Bring this 3 bedroom, 2 bath home o...	3 beds \| 2 baths \| 1,264 sq.ft.	$199,000	Airbnb cash on cash: 9.24% Traditional cash on cash: 7.13% Airbnb Rental Income: $2759 Traditional Rental Income: $1711 Airbnb ROI: 9.24% Traditional ROI: 7.13%
295 RIVER WALK FARM Parkway COVINGTON, GA Welcome to your dream homeâstylish, bold, and move-in ready! This stunning residence is ...	4 beds \| 3 baths \| 3,368 sq.ft.	$489,700	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $2591 Airbnb ROI: N/A Traditional ROI: 3.5%
65 DOGWOOD Lane COVINGTON, GA	3 beds \| 4 baths \| 2,225 sq.ft.	$255,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 6.1% Airbnb Rental Income: $3075 Traditional Rental Income: $2060 Airbnb ROI: 7.4% Traditional ROI: 6.1%
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%

Real Estate investment in Covington, GA

There are 406 properties for sale in the city of Covington . The median list price in Covington is $319,500 and the average price per square foot is $139. In October 2025, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $2,255.

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

There are 406 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

170 Chandler Trace

COVINGTON, GA

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

$284,000

Airbnb cash on cash: 8.41%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $3490

Traditional Rental Income: $2056

Airbnb ROI: 8.41%

Traditional ROI: 5.93%

150 Chandler Trace

COVINGTON, GA

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

$269,000

Airbnb cash on cash: 7.14%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $2946

Traditional Rental Income: $2034

Airbnb ROI: 7.14%

Traditional ROI: 6.23%

70 Alcovy Reserve Way

COVINGTON, GA

4 beds | 3 baths | 4,535 sq.ft.

$524,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A

Traditional ROI: 2.96%

595 Ridgeway Road

COVINGTON, GA

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

$369,000

Airbnb cash on cash: 6.87%

Traditional cash on cash: 5.48%

Airbnb Rental Income: $3954

Traditional Rental Income: $2624

Airbnb ROI: 6.87%

Traditional ROI: 5.48%

1623 Pratt Road

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

Traditional ROI: 3.87%

205 Woodcrest Drive

COVINGTON, GA

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

$270,000

Airbnb cash on cash: 5.88%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $2694

Traditional Rental Income: $1839

Airbnb ROI: 5.88%

Traditional ROI: 5.03%

70 Mountainside Lane

COVINGTON, GA

3 beds | 2 baths | 1,628 sq.ft.

$275,000

Airbnb cash on cash: 5.81%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $2759

Traditional Rental Income: $1919

Airbnb ROI: 5.81%

Traditional ROI: 5.07%

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%