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
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%
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%
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%
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: 0.49% Traditional cash on cash: 4.91% Airbnb Rental Income: $2006 Traditional Rental Income: $3955 Airbnb ROI: 0.49% Traditional ROI: 4.91%
14340 Brown Bridge Road COVINGTON, GA Welcome to 14340 Brown Bridge Road-a place where life slows down and space invites you to ...	3 beds \| 2 baths \| 1,990 sq.ft.	$220,000	Airbnb cash on cash: 7.16% Traditional cash on cash: 7.87% Airbnb Rental Income: $2694 Traditional Rental Income: $2204 Airbnb ROI: 7.16% Traditional ROI: 7.87%
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%
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%
135 Flowers Drive COVINGTON, GA Welcome to this spacious ranch-style home situated on a large, level lot-offering both com...	3 beds \| 2 baths \| 2,405 sq.ft.	$199,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 8.88% Airbnb Rental Income: $1797 Traditional Rental Income: $2226 Airbnb ROI: 4.02% Traditional ROI: 8.88%
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%
70 Birch Rd COVINGTON, GA Adorable lake front home on deeded lot. Enjoy the lake year round from the sun room. Quiet...	4 beds \| 1 baths \| 1,338 sq.ft.	$298,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 2.81% Airbnb Rental Income: $1863 Traditional Rental Income: $1305 Airbnb ROI: 3.01% Traditional ROI: 2.81%
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.	$424,999	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.96% Airbnb Rental Income: $2006 Traditional Rental Income: $2482 Airbnb ROI: 1.45% Traditional ROI: 3.96%
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%
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: 1.3% Traditional cash on cash: 5.13% Airbnb Rental Income: $1338 Traditional Rental Income: $1919 Airbnb ROI: 1.3% Traditional ROI: 5.13%
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: 2.74% Airbnb Rental Income: $1338 Traditional Rental Income: $1870 Airbnb ROI: 0.37% Traditional ROI: 2.74%
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%
40 Willow Tree Ter COVINGTON, GA Welcome to this charming one-story, all-electric home located in a quiet cul-de-sac just m...	3 beds \| 2 baths \| 1,434 sq.ft.	$270,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 4.99% Airbnb Rental Income: $2694 Traditional Rental Income: $1837 Airbnb ROI: 5.85% Traditional ROI: 4.99%
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: 0.71% Traditional cash on cash: 4.48% Airbnb Rental Income: $1389 Traditional Rental Income: $2224 Airbnb ROI: 0.71% 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.	$298,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.24% Airbnb Rental Income: $1389 Traditional Rental Income: $1479 Airbnb ROI: 1.42% Traditional ROI: 3.24%
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: 4.55% Airbnb Rental Income: $1955 Traditional Rental Income: $1755 Airbnb ROI: 3.37% Traditional ROI: 4.55%
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%
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: 2.04% Airbnb Rental Income: $1863 Traditional Rental Income: $1941 Airbnb ROI: 0.8% Traditional ROI: 2.04%
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.	$309,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.82% Airbnb Rental Income: $1797 Traditional Rental Income: $2385 Airbnb ROI: 2.13% Traditional ROI: 5.82%
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: 5.13% Airbnb Rental Income: $1338 Traditional Rental Income: $2136 Airbnb ROI: 0.92% Traditional ROI: 5.13%
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%
50 Walnut Ridge Court COVINGTON, GA Beautiful 1 story home with a full finished basement that includes a second kitchen. Walk ...	5 beds \| 5 baths \| 5,432 sq.ft.	$474,500	Airbnb cash on cash: -0.47% Traditional cash on cash: 8.64% Airbnb Rental Income: $1123 Traditional Rental Income: $4791 Airbnb ROI: -0.47% Traditional ROI: 8.64%
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.	$299,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.37% Airbnb Rental Income: $1338 Traditional Rental Income: $2143 Airbnb ROI: 1.05% Traditional ROI: 5.37%
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 Trace COVINGTON, GA "The ranch that checks every box-and then some!" Fall in love with this 4-bed, 2.5-bath ra...	3 beds \| 3 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%

Real Estate investment in Covington, GA

There are 603 properties for sale in the city of Covington . The median list price in Covington is $329,250 and the average price per square foot is $142. In February 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $2,014.

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

There are 603 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 $2,014.

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%

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%

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%

1041 Flat Rock Road

COVINGTON, GA

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

$599,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2006

Traditional Rental Income: $3955

Airbnb ROI: 0.49%

Traditional ROI: 4.91%

14340 Brown Bridge Road

COVINGTON, GA

3 beds | 2 baths | 1,990 sq.ft.

$220,000

Airbnb cash on cash: 7.16%

Traditional cash on cash: 7.87%

Airbnb Rental Income: $2694

Traditional Rental Income: $2204

Airbnb ROI: 7.16%

Traditional ROI: 7.87%

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%

70 Countryside Ln

COVINGTON, GA

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%