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.

Condos for Sale in Covington, GA

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

Showing 359 Condos 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
8370 Fairway Drive COVINGTON, GA A fantastic opportunity to live in one of Covington's most loved communities! This 3-bedro...	3 beds \| 3 baths \| 2,669 sq.ft.	$415,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.82% Airbnb Rental Income: $1338 Traditional Rental Income: $2475 Airbnb ROI: -0.16% Traditional ROI: 3.82%
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: 0.73% Traditional cash on cash: 3.28% Airbnb Rental Income: $1863 Traditional Rental Income: $2518 Airbnb ROI: 0.73% Traditional ROI: 3.28%
6191 Indian Creek Circle SW COVINGTON, GA This all-brick ranch sits on a corner lot and offers a fantastic mix of charm, space, and ...	3 beds \| 3 baths \| 1,951 sq.ft.	$209,900	Airbnb cash on cash: 7.95% Traditional cash on cash: 8.64% Airbnb Rental Income: $2694 Traditional Rental Income: $2193 Airbnb ROI: 7.95% Traditional ROI: 8.64%
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%
70 Countryside Lane COVINGTON, GA Welcome to this beautifully updated 3-bedroom, 2-bath ranch home, perfectly situated on a ...	3 beds \| 2 baths \| 1,701 sq.ft.	$239,900	Airbnb cash on cash: 6.76% Traditional cash on cash: 7.13% Airbnb Rental Income: $2694 Traditional Rental Income: $2140 Airbnb ROI: 6.76% Traditional ROI: 7.13%
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: 1.6% Traditional cash on cash: 4.27% Airbnb Rental Income: $2006 Traditional Rental Income: $2482 Airbnb ROI: 1.6% Traditional ROI: 4.27%
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.	$249,900	Airbnb cash on cash: 6.43% Traditional cash on cash: 5.51% Airbnb Rental Income: $2694 Traditional Rental Income: $1839 Airbnb ROI: 6.43% Traditional ROI: 5.51%
375 Stone Ridge Way COVINGTON, GA Welcome to 375 Stone Ridge Way, a charming suburban home where comfort, warmth, and everyd...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.2% Airbnb Rental Income: $1338 Traditional Rental Income: $1873 Airbnb ROI: 1.42% Traditional ROI: 5.2%
55 Jill Lane COVINGTON, GA Tucked away on a quiet street in the back of the Barrington neighborhood, this spacious sp...	3 beds \| 2 baths \| 1,535 sq.ft.	$274,900	Airbnb cash on cash: 5.66% Traditional cash on cash: 3.8% Airbnb Rental Income: $2694 Traditional Rental Income: $1573 Airbnb ROI: 5.66% Traditional ROI: 3.8%
225 DAIRYLAND Drive 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%
4153 Raphael Street 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.	$328,500	Airbnb cash on cash: 3.92% Traditional cash on cash: 3.42% Airbnb Rental Income: $2597 Traditional Rental Income: $1822 Airbnb ROI: 3.92% Traditional ROI: 3.42%
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: 2.62% Traditional cash on cash: 5.98% Airbnb Rental Income: $1863 Traditional Rental Income: $2297 Airbnb ROI: 2.62% Traditional ROI: 5.98%
170 Camerons Way COVINGTON, GA The spacious living area at 170 Camerons Way centers around a fireplace. The kitchen is a ...	3 beds \| 2 baths \| 1,751 sq.ft.	$310,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.33% Airbnb Rental Income: $1797 Traditional Rental Income: $1656 Airbnb ROI: 2.14% Traditional ROI: 3.33%
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: 3.61% Traditional cash on cash: 4.39% Airbnb Rental Income: $1797 Traditional Rental Income: $1493 Airbnb ROI: 3.61% Traditional ROI: 4.39%
45 Sunset Court 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: 2.93% Traditional cash on cash: 5.21% Airbnb Rental Income: $1797 Traditional Rental Income: $1887 Airbnb ROI: 2.93% Traditional ROI: 5.21%
50 Butler Bridge Circle COVINGTON, GA Step into this charming home that combines comfort, space, and style. As you enter the inv...	4 beds \| 2 baths \| 2,187 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%
230 Alcovy Reserve Way COVINGTON, GA Check out this stunning two-story Craftsman-style home in the highly desired Sautee Bluff ...	4 beds \| 3 baths \| 2,819 sq.ft.	$484,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.14% Airbnb Rental Income: $1863 Traditional Rental Income: $2384 Airbnb ROI: 0.89% Traditional ROI: 3.14%
764 Forrester Cemetery Road COVINGTON, GA * Open House: Friday, 4/3 4-6pm* Step back in time while enjoying modern luxury in thi...	3 beds \| 4 baths \| 2,358 sq.ft.	$599,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.79% Airbnb Rental Income: $1797 Traditional Rental Income: $2262 Airbnb ROI: 0.09% Traditional ROI: 1.79%
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%
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: 1.12% Traditional cash on cash: 5.79% Airbnb Rental Income: $1338 Traditional Rental Income: $2136 Airbnb ROI: 1.12% Traditional ROI: 5.79%
215 MORNINGSIDE Drive COVINGTON, GA Welcome home to this beautifully renovated 3-bedroom, 2-bath bungalow located in a quiet, ...	3 beds \| 2 baths \| N/A	$279,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.62% Airbnb Rental Income: $1338 Traditional Rental Income: $2221 Airbnb ROI: 1.69% Traditional ROI: 6.62%
15 Savoy Park Drive COVINGTON, GA Beautifully Updated Ranch on Half an Acre in Covington! Welcome to this well-maintained 3-...	3 beds \| 2 baths \| N/A	$305,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.13% Airbnb Rental Income: $1338 Traditional Rental Income: $1827 Airbnb ROI: 0.99% Traditional ROI: 4.13%
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.	$265,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 6.14% Airbnb Rental Income: $1797 Traditional Rental Income: $2045 Airbnb ROI: 3.2% Traditional ROI: 6.14%
70 Newton Ridge Drive 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.	$299,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1389 Traditional Rental Income: $2220 Airbnb ROI: 1.19% Traditional ROI: 5.62%
55 The Falls Boulevard COVINGTON, GA Investors: tenants in place, $1850/month rent, lease ends August 31, 2026. NO showings unt...	3 beds \| 3 baths \| 1,922 sq.ft.	$270,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.59% Airbnb Rental Income: $1338 Traditional Rental Income: $2121 Airbnb ROI: 0.9% Traditional ROI: 5.59%
12258 Vista Drive COVINGTON, GA Welcome to this beautifully maintained 4-bedroom, 2.5-bath home in the highly sought-after...	4 beds \| 3 baths \| 3,385 sq.ft.	$421,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.56% Airbnb Rental Income: $1863 Traditional Rental Income: $2152 Airbnb ROI: 1.56% Traditional ROI: 3.56%
5135 Arnold Street COVINGTON, GA Nearly New Craftsman in Sought-After Clark's Grove Golf Cart District Living Live where li...	4 beds \| 4 baths \| 2,585 sq.ft.	$398,500	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.05% Airbnb Rental Income: $2523 Traditional Rental Income: $3277 Airbnb ROI: 2.41% Traditional ROI: 6.05%
30 Creekside Court COVINGTON, GA Tucked away on a quiet cul-de-sac, this well-maintained home offers a comfortable layout w...	3 beds \| 2 baths \| 1,823 sq.ft.	$320,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.37% Airbnb Rental Income: $1338 Traditional Rental Income: $2015 Airbnb ROI: 0.75% Traditional ROI: 4.37%
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.	$340,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 4.37% Airbnb Rental Income: $1955 Traditional Rental Income: $2149 Airbnb ROI: 2.15% 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: 2.93% Traditional cash on cash: 7.09% Airbnb Rental Income: $1338 Traditional Rental Income: $1711 Airbnb ROI: 2.93% 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: 1.78% Traditional cash on cash: 4.09% Airbnb Rental Income: $1797 Traditional Rental Income: $2058 Airbnb ROI: 1.78% Traditional ROI: 4.09%
150 W Pennick Drive COVINGTON, GA The wait is over! Stop your search! Welcome to 150 W Pennick Drive, a stunning traditional...	3 beds \| 3 baths \| 2,603 sq.ft.	$392,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.03% Airbnb Rental Income: $1338 Traditional Rental Income: $2282 Airbnb ROI: 0.35% Traditional ROI: 4.03%
295 River Walk Farm Parkway COVINGTON, GA Gorgeous home with tons of bright, open spaces! Step inside to a custom tiled entry with a...	4 beds \| 3 baths \| 3,368 sq.ft.	$464,999	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.71% Airbnb Rental Income: $1863 Traditional Rental Income: $2591 Airbnb ROI: 0.89% Traditional ROI: 3.71%
25 Castlehill Court COVINGTON, GA Welcome home to space, style, and flexibility! Tucked away on a quiet cul-de-sac in a high...	4 beds \| 3 baths \| 2,388 sq.ft.	$376,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.51% Airbnb Rental Income: $1863 Traditional Rental Income: $2401 Airbnb ROI: 1.57% Traditional ROI: 4.51%
115 Rose Creek Drive COVINGTON, GA Welcome to this charming and move in ready home in the heart of Covington, GA. This beauti...	4 beds \| 3 baths \| 2,073 sq.ft.	$430,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.18% Airbnb Rental Income: $1863 Traditional Rental Income: $2167 Airbnb ROI: 1.18% Traditional ROI: 3.18%
14158 Brown Bridge Road COVINGTON, GA Stepless. Stylish. Stress-Free. This move-in-ready ranch checks every box! Featuring 3 spa...	3 beds \| 2 baths \| 1,260 sq.ft.	$249,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 4.95% Airbnb Rental Income: $2694 Traditional Rental Income: $1694 Airbnb ROI: 6.49% Traditional ROI: 4.95%
30 Amber Way COVINGTON, GA Awesome ranch on a FULL UNFINISHED DAYLIGHT BASEMENT! A rocking chair on the front porch w...	3 beds \| 2 baths \| 1,350 sq.ft.	$240,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 5.15% Airbnb Rental Income: $1338 Traditional Rental Income: $1760 Airbnb ROI: 1.48% Traditional ROI: 5.15%
55 Ashford Cove COVINGTON, GA Spacious and versatile, this 4 bedroom 3 full bath home offers the square footage you've b...	4 beds \| 3 baths \| 3,000 sq.ft.	$375,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.03% Airbnb Rental Income: $2006 Traditional Rental Income: $2536 Airbnb ROI: 2.04% Traditional ROI: 5.03%

Your search for investment property begins and ends here

Condos for Sale in Covington, GA

8370 Fairway Drive

COVINGTON, GA

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

$415,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $1338

Traditional Rental Income: $2475

Airbnb ROI: -0.16%

Traditional ROI: 3.82%

70 Alcovy Reserve Way

COVINGTON, GA

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

$485,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $1863

Traditional Rental Income: $2518

Airbnb ROI: 0.73%

Traditional ROI: 3.28%

6191 Indian Creek Circle SW

COVINGTON, GA

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

$209,900

Airbnb cash on cash: 7.95%

Traditional cash on cash: 8.64%

Airbnb Rental Income: $2694

Traditional Rental Income: $2193

Airbnb ROI: 7.95%

Traditional ROI: 8.64%

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%

70 Countryside Lane

COVINGTON, GA

3 beds | 2 baths | 1,701 sq.ft.

$239,900

Airbnb cash on cash: 6.76%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $2694

Traditional Rental Income: $2140

Airbnb ROI: 6.76%

Traditional ROI: 7.13%

395 Alcovy Trestle Road

COVINGTON, GA

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

$399,800

Airbnb cash on cash: 1.6%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $2006

Traditional Rental Income: $2482

Airbnb ROI: 1.6%

Traditional ROI: 4.27%

205 Woodcrest Drive

COVINGTON, GA

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

$249,900

Airbnb cash on cash: 6.43%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $2694

Traditional Rental Income: $1839

Airbnb ROI: 6.43%

Traditional ROI: 5.51%

375 Stone Ridge Way

COVINGTON, GA

3 beds | 2 baths | N/A

$265,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1338

Traditional Rental Income: $1873

Airbnb ROI: 1.42%