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.

Golden Highlands Investment Property for Sale in Covington, GA

Search for Golden Highlands Investment Property for Sale in Covington, Georgia. Browse all of Mashvisor’s Golden Highlands Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 653 Golden Highlands Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
230 Crestfield Cir COVINGTON, GA With 1,480 sq ft, 230 Crestfield Cir in Covington offers an updated layout with durable LV...	3 beds \| 2 baths \| 1,480 sq.ft.	$255,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.17% Airbnb Rental Income: $1523 Traditional Rental Income: $1779 Airbnb ROI: 2.27% Traditional ROI: 5.17%
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.	$405,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.94% Airbnb Rental Income: $1512 Traditional Rental Income: $2475 Airbnb ROI: 0.24% Traditional ROI: 3.94%
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 \| 3,845 sq.ft.	$485,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.28% Airbnb Rental Income: $2148 Traditional Rental Income: $2518 Airbnb ROI: 1.26% Traditional ROI: 3.28%
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: -0.55% Traditional cash on cash: 4.91% Airbnb Rental Income: $1304 Traditional Rental Income: $3955 Airbnb ROI: -0.55% Traditional ROI: 4.91%
10100 Clearview Dr NW COVINGTON, GA INSTANT EQUITY OPPORTUNITY! Priced at $225,000 for a quick sale-well below the recent 1/8/...	3 beds \| 2 baths \| 1,490 sq.ft.	$225,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 4.2% Airbnb Rental Income: $1523 Traditional Rental Income: $1454 Airbnb ROI: 2.44% Traditional ROI: 4.2%
365 Mountainview Dr COVINGTON, GA Nice ranch sitting on over 1/2 acre, warm and inviting. Set your appointment today to make...	3 beds \| 2 baths \| 1,628 sq.ft.	$259,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 5.62% Airbnb Rental Income: $1512 Traditional Rental Income: $1944 Airbnb ROI: 2.06% Traditional ROI: 5.62%
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.	$399,800	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.27% Airbnb Rental Income: $1304 Traditional Rental Income: $2482 Airbnb ROI: 0.04% Traditional ROI: 4.27%
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.	$239,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.77% Airbnb Rental Income: $1350 Traditional Rental Income: $1839 Airbnb ROI: 1.79% Traditional ROI: 5.77%
375 Stone Ridge Way COVINGTON, GA **As of April 10, 2026 the owners are no longer accepting offers or showings on this prope...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.15% Airbnb Rental Income: $1512 Traditional Rental Income: $1873 Airbnb ROI: 1.94% Traditional ROI: 5.15%
3410 Pilot Road COVINGTON, GA Welcome to a home that perfectly blends thoughtful design, comfort, and outdoor charm. Thi...	4 beds \| 3 baths \| 2,748 sq.ft.	$585,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.85% Airbnb Rental Income: $1304 Traditional Rental Income: $2674 Airbnb ROI: -0.4% Traditional ROI: 2.85%
55 Jill Lane COVINGTON, GA *Back on the market at no fault to the sellers** Tucked away on a quiet street in the ...	3 beds \| 2 baths \| 1,535 sq.ft.	$274,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.8% Airbnb Rental Income: $1350 Traditional Rental Income: $1573 Airbnb ROI: 1.34% Traditional ROI: 3.8%
4153 Raphael St COVINGTON, GA LOOKING FOR YOUR NEW HOME NEAR THE COVINGTON HISTORIC SQUARE? LOOK NO FURTHER. LOCATED IN ...	2 beds \| 2 baths \| 1,516 sq.ft.	$324,500	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.47% Airbnb Rental Income: $1059 Traditional Rental Income: $1822 Airbnb ROI: -0.23% Traditional ROI: 3.47%
230 Oak Meadows Place 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.	$295,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 5.98% Airbnb Rental Income: $2148 Traditional Rental Income: $2297 Airbnb ROI: 3.48% Traditional ROI: 5.98%
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 \| 3,036 sq.ft.	$399,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 7.76% Airbnb Rental Income: $2570 Traditional Rental Income: $3659 Airbnb ROI: 3.2% Traditional ROI: 7.76%
1020 Thornwood 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.	$399,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 8.07% Airbnb Rental Income: $2570 Traditional Rental Income: $3772 Airbnb ROI: 3.21% Traditional ROI: 8.07%
6188 Geiger Street NW COVINGTON, GA This beautifully renovated 3 bedroom, 2 bath home in established Covington is the perfect ...	3 beds \| 2 baths \| 1,238 sq.ft.	$250,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.39% Airbnb Rental Income: $1523 Traditional Rental Income: $1493 Airbnb ROI: 2.64% Traditional ROI: 4.39%
45 Sunset Ct COVINGTON, GA Tucked away from everything... but still minutes from the essentials Charming ranch quietl...	3 beds \| 2 baths \| 1,525 sq.ft.	$268,800	Airbnb cash on cash: 2.03% Traditional cash on cash: 5.21% Airbnb Rental Income: $1523 Traditional Rental Income: $1887 Airbnb ROI: 2.03% Traditional ROI: 5.21%
20 Wellbrook Ct COVINGTON, GA Beautiful 4 Bed / 2.5 Bath home in Covington! This thoughtfully designed home features an ...	4 beds \| 2 baths \| 2,307 sq.ft.	$379,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.75% Airbnb Rental Income: $2148 Traditional Rental Income: $2157 Airbnb ROI: 2.19% Traditional ROI: 3.75%
230 Alcovy Reserve Way COVINGTON, GA Check out this stunning two-story Craftsman-style home in the highly desired Sautee Bluff ...	4 beds \| 2 baths \| 2,819 sq.ft.	$474,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.24% Airbnb Rental Income: $2148 Traditional Rental Income: $2384 Airbnb ROI: 1.48% Traditional ROI: 3.24%
764 Forrester Cemetery Road COVINGTON, GA * Open House: Sunday, 5/3 1-3pm* Step back in time while enjoying modern luxury in thi...	3 beds \| 4 baths \| 2,358 sq.ft.	$575,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.91% Airbnb Rental Income: $1523 Traditional Rental Income: $2262 Airbnb ROI: -0.29% Traditional ROI: 1.91%
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 Private Acreage Near Jackson Lake with Space for Boats, RVs & Everyday Living Tucked away ...	4 beds \| 2 baths \| 2,817 sq.ft.	$485,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.22% Airbnb Rental Income: $2148 Traditional Rental Income: $1941 Airbnb ROI: 1.47% Traditional ROI: 2.22%
135 Saddle Lane COVINGTON, GA Charming brick-front home featuring 3 bedrooms and 2 bathrooms. The primary suite is locat...	3 beds \| 3 baths \| 2,059 sq.ft.	$275,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.79% Airbnb Rental Income: $1512 Traditional Rental Income: $2136 Airbnb ROI: 1.68% Traditional ROI: 5.79%
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.	$279,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.62% Airbnb Rental Income: $1512 Traditional Rental Income: $2221 Airbnb ROI: 2.24% Traditional ROI: 6.62%
20 Craig Way COVINGTON, GA Picture yourself at 20 Craig Way, recently refreshed with new interior paint and featuring...	4 beds \| 3 baths \| 1,674 sq.ft.	$313,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.88% Airbnb Rental Income: $2148 Traditional Rental Income: $2094 Airbnb ROI: 3.21% Traditional ROI: 4.88%
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.	$305,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.13% Airbnb Rental Income: $1512 Traditional Rental Income: $1827 Airbnb ROI: 1.49% Traditional ROI: 4.13%
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.	$260,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.28% Airbnb Rental Income: $1523 Traditional Rental Income: $2045 Airbnb ROI: 2.34% Traditional ROI: 6.28%
70 Newton Ridge Dr COVINGTON, GA Welcome home to 70 Newton Ridge Drive, tucked into a well-established community just minut...	3 beds \| 2 baths \| 1,726 sq.ft.	$297,500	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.68% Airbnb Rental Income: $1421 Traditional Rental Income: $2220 Airbnb ROI: 1.31% Traditional ROI: 5.68%
95 Savoy Park Dr COVINGTON, GA Offers to be placed. Interior inspections are not available, do not trespass! Forward all ...	4 beds \| 2 baths \| 1,774 sq.ft.	$204,600	Airbnb cash on cash: 6.66% Traditional cash on cash: 9.17% Airbnb Rental Income: $2148 Traditional Rental Income: $2088 Airbnb ROI: 6.66% Traditional ROI: 9.17%
1355 Mills Cove Dr COVINGTON, GA Imagine 1355 Mills Cove Dr, a residence with fresh interior paint and a partial flooring r...	4 beds \| 2 baths \| 2,178 sq.ft.	$343,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 5.28% Airbnb Rental Income: $2570 Traditional Rental Income: $2410 Airbnb ROI: 3.86% Traditional ROI: 5.28%
5135 Arnold St COVINGTON, GA Nearly New Craftsman in Sought-After Clark's Grove Golf Cart District Living Live where li...	4 beds \| 3 baths \| 2,585 sq.ft.	$398,500	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.05% Airbnb Rental Income: $2039 Traditional Rental Income: $3277 Airbnb ROI: 1.33% Traditional ROI: 6.05%
135 Timberlake Ter COVINGTON, GA This charming two-story, four-bedroom, three-bath home offers plenty of space and potentia...	4 beds \| 3 baths \| 2,620 sq.ft.	$340,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.37% Airbnb Rental Income: $2148 Traditional Rental Income: $2149 Airbnb ROI: 2.65% Traditional ROI: 4.37%
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: 3.7% Traditional cash on cash: 7.09% Airbnb Rental Income: $1512 Traditional Rental Income: $1711 Airbnb ROI: 3.7% Traditional ROI: 7.09%
156 Pine Street COVINGTON, GA THIS IS A DREAM COME TRUE! Priced at $340,000 you will want to come home! ** A lovely Sout...	3 beds \| 2 baths \| 1,774 sq.ft.	$345,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.09% Airbnb Rental Income: $1523 Traditional Rental Income: $2058 Airbnb ROI: 1.07% Traditional ROI: 4.09%
90 Fields Creek Way COVINGTON, GA This charming brick ranch offers the perfect blend of modern upgrades and timeless comfort...	3 beds \| 2 baths \| 1,738 sq.ft.	$289,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.88% Airbnb Rental Income: $1350 Traditional Rental Income: $2010 Airbnb ROI: 0.95% Traditional ROI: 4.88%

Your search for investment property begins and ends here

Golden Highlands Investment Property for Sale in Covington, GA

230 Crestfield Cir

COVINGTON, GA

3 beds | 2 baths | 1,480 sq.ft.

$255,000

Airbnb cash on cash: 2.27%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1523

Traditional Rental Income: $1779

Airbnb ROI: 2.27%

Traditional ROI: 5.17%

8370 Fairway Dr

COVINGTON, GA

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

$405,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1512

Traditional Rental Income: $2475

Airbnb ROI: 0.24%

Traditional ROI: 3.94%

70 Alcovy Reserve Way

COVINGTON, GA

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

$485,000

Airbnb cash on cash: 1.26%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $2148

Traditional Rental Income: $2518

Airbnb ROI: 1.26%

Traditional ROI: 3.28%

1041 Flat Rock Road

COVINGTON, GA

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

$599,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1304

Traditional Rental Income: $3955

Airbnb ROI: -0.55%

Traditional ROI: 4.91%

10100 Clearview Dr NW

COVINGTON, GA

3 beds | 2 baths | 1,490 sq.ft.

$225,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1523

Traditional Rental Income: $1454

Airbnb ROI: 2.44%

Traditional ROI: 4.2%

365 Mountainview Dr

COVINGTON, GA

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

$259,900

Airbnb cash on cash: 2.06%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1512

Traditional Rental Income: $1944

Airbnb ROI: 2.06%

Traditional ROI: 5.62%

395 Alcovy Trestle Road

COVINGTON, GA

4 beds | 3 baths | 2,550 sq.ft.

$399,800

Airbnb cash on cash: 0.04%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $1304

Traditional Rental Income: $2482

Airbnb ROI: 0.04%

Traditional ROI: 4.27%

205 Woodcrest Dr

COVINGTON, GA

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

$239,900

Airbnb cash on cash: 1.79%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1350

Traditional Rental Income: $1839

Airbnb ROI: 1.79%