Real Estate Investment Properties for Sale in Covington, LA

Looking for investment property in Covington, LA with high ROI ?

Explore a variety of short-term homes & houses in Covington, LA. Invest wisely with VRBO & Covington, LA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Mt.morris Investment Property for Sale in Covington, LA

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Showing 77 Mt.morris 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
1128 W 11TH Avenue Covington, LA Beautiful 5-Bedroom 3-bathroom home situated on a nice sized lot (over Â½ acre) in the Hea...	5 beds \| 3 baths \| 2,627 sq.ft.	$548,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2649 Airbnb ROI: N/A Traditional ROI: 3.45%
344 ORMOND Drive Covington, LA Wrapped Up a New Price for You and just in time for Christmas! LETâS WORK OUT A DEAL-MO...	4 beds \| 3 baths \| 2,676 sq.ft.	$624,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.56% Airbnb Rental Income: $2467 Traditional Rental Income: $3083 Airbnb ROI: 1.48% Traditional ROI: 3.56%
70105 10TH Street Covington, LA Back on the market at no fault to seller and priced BELOW appraisal!! Move-In Ready Brick ...	3 beds \| 2 baths \| 1,541 sq.ft.	$239,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.96% Airbnb Rental Income: $1313 Traditional Rental Income: $1790 Airbnb ROI: 2.04% Traditional ROI: 5.96%
23160 LOWE DAVIS Road Covington, LA Finish this dream opportunity on 4 scenic acres in a peaceful rural setting, featuring gen...	3 beds \| 4 baths \| 3,120 sq.ft.	$690,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.7% Airbnb Rental Income: $1313 Traditional Rental Income: $2828 Airbnb ROI: -0.28% Traditional ROI: 2.7%
72287 MILITARY Road Covington, LA Escape to your own waterfront sanctuary at Riverbeach Cottage â a completely transformed...	3 beds \| 3 baths \| 2,450 sq.ft.	$675,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.13% Airbnb Rental Income: $1313 Traditional Rental Income: $2405 Airbnb ROI: -0.26% Traditional ROI: 2.13%
327 SAW GRASS Loop Covington, LA GREAT NEW PRICE! in demand community SPRING LAKES! Beautiful 4 bed 3 bath (plus 5th bedroo...	4 beds \| 3 baths \| 2,471 sq.ft.	$480,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.68% Airbnb Rental Income: $2467 Traditional Rental Income: $2937 Airbnb ROI: 2.3% Traditional ROI: 4.68%
305 BEEBALM Circle Covington, LA Built in 2016, this beautiful home in the sought-after Countryside neighborhood sits on a ...	4 beds \| 3 baths \| 2,269 sq.ft.	$348,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 4.82% Airbnb Rental Income: $2467 Traditional Rental Income: $2255 Airbnb ROI: 3.64% Traditional ROI: 4.82%
76212 S FITZMORRIS Lane Covington, LA Gorgeous acreage with live oaks just minutes off of Lee Road. The seller purchased the adj...	4 beds \| 2 baths \| 1,961 sq.ft.	$345,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 5.1% Airbnb Rental Income: $2467 Traditional Rental Income: $2247 Airbnb ROI: 3.93% Traditional ROI: 5.1%
312 E E 34TH Avenue Covington, LA Sweet 2 bedroom/1 bath cottage with fenced rear yard. The cottage is neat as a pin, recent...	2 beds \| 1 baths \| 900 sq.ft.	$159,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 7.62% Airbnb Rental Income: $1379 Traditional Rental Income: $1413 Airbnb ROI: 4.66% Traditional ROI: 7.62%
72348 NURSERY Street Covington, LA	3 beds \| 2 baths \| 1,120 sq.ft.	$185,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 8.93% Airbnb Rental Income: $1313 Traditional Rental Income: $1856 Airbnb ROI: 3.53% Traditional ROI: 8.93%
66 THUNDERBIRD Drive Covington, LA Beautiful Custom home to be built in Tchefuncta Club Estates! Buyers can select every fini...	5 beds \| 5 baths \| 4,200 sq.ft.	$1,750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.43% Airbnb Rental Income: $null Traditional Rental Income: $4957 Airbnb ROI: N/A Traditional ROI: 1.43%
10 THUNDERBIRD Drive Covington, LA Experience a new level of refinement and grace in this exquisite estate nestled within the...	5 beds \| 5 baths \| 5,234 sq.ft.	$2,225,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.85% Airbnb Rental Income: $null Traditional Rental Income: $5077 Airbnb ROI: N/A Traditional ROI: 0.85%
73279 MILITARY Road Covington, LA Welcome to a life where every day feels like a vacationâwhere history, nature & comfort ...	4 beds \| 5 baths \| 4,970 sq.ft.	$1,950,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.82% Airbnb Rental Income: $2467 Traditional Rental Income: $4521 Airbnb ROI: -0.65% Traditional ROI: 0.82%
350 EMERALD FOREST Boulevard #25104 Covington, LA Light & Bright two bedroom, two bath condo available in Covington's premiere Gated Communi...	2 beds \| 2 baths \| 1,201 sq.ft.	$159,900	Airbnb cash on cash: -2.93% Traditional cash on cash: 1.73% Airbnb Rental Income: $1379 Traditional Rental Income: $1671 Airbnb ROI: -2.93% Traditional ROI: 1.73%
18146 WILLIE B Road Covington, LA Escape the hustle and find your happy place! This isn't just a house; it's a lifestyle wai...	5 beds \| 3 baths \| 1,995 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.93% Airbnb Rental Income: $null Traditional Rental Income: $2380 Airbnb ROI: N/A Traditional ROI: 7.93%
23648 GOODLIFE Lane Covington, LA Welcome to this stunning move-in ready home, brimming with high-end features & energy-effi...	4 beds \| 3 baths \| 3,230 sq.ft.	$975,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.69% Airbnb Rental Income: $2467 Traditional Rental Income: $2568 Airbnb ROI: 0.92% Traditional ROI: 1.69%
459 CAMDEN PARK Drive Covington, LA Enjoy all the conveniences of Covington and the surrounding areas while indulging in the l...	4 beds \| 3 baths \| 2,993 sq.ft.	$693,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.72% Airbnb Rental Income: $2467 Traditional Rental Income: $2987 Airbnb ROI: 0.99% Traditional ROI: 2.72%
605 S AMERICA Street Covington, LA A timeless estate in the heart of Covington. This stunning home is a total renovation blen...	4 beds \| 5 baths \| 4,696 sq.ft.	$1,900,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 1.3% Airbnb Rental Income: $2467 Traditional Rental Income: $5222 Airbnb ROI: -0.6% Traditional ROI: 1.3%
916 AVENUE DU CHATEAU None Covington, LA Versailles Gem: Stunning residence in the top-rated Mandeville school district. Featuring ...	4 beds \| 4 baths \| 2,812 sq.ft.	$450,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 6.9% Airbnb Rental Income: $2467 Traditional Rental Income: $3466 Airbnb ROI: 3.1% Traditional ROI: 6.9%
196 TCHEFUNCTE Drive Covington, LA The fun never has to end in this beautiful home, situated on hole number 12 of the golf co...	4 beds \| 6 baths \| 3,558 sq.ft.	$625,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 10.96% Airbnb Rental Income: $2467 Traditional Rental Income: $7080 Airbnb ROI: 2.02% Traditional ROI: 10.96%
622 S AMERICA Street Covington, LA This extraordinary historic estate, crafted in the 1860s, is a classic masterpiece situate...	5 beds \| 6 baths \| 5,051 sq.ft.	$4,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.36% Airbnb Rental Income: $null Traditional Rental Income: $7272 Airbnb ROI: N/A Traditional ROI: 0.36%
82491 HIGHWAY 437 Highway Covington, LA This beautiful estate property, in need of some TLC, offers tremendous potential to become...	3 beds \| 2 baths \| 2,671 sq.ft.	$690,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.4% Airbnb Rental Income: $1313 Traditional Rental Income: $2554 Airbnb ROI: -0.16% Traditional ROI: 2.4%
350 EMERALD FOREST Boulevard #28109 Covington, LA Impeccably maintained and thoughtfully updated, this ground-floor condo is furnished and m...	1 beds \| 1 baths \| 816 sq.ft.	$135,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.63% Airbnb Rental Income: $1118 Traditional Rental Income: $1304 Airbnb ROI: -0.7% Traditional ROI: 3.63%
527 S FILMORE Street Covington, LA Discover instant equity with this one-of-a-kind home. Bursting with character, this proper...	3 beds \| 2 baths \| 1,554 sq.ft.	$269,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.97% Airbnb Rental Income: $1313 Traditional Rental Income: $1823 Airbnb ROI: 1.37% Traditional ROI: 4.97%
16973 RIVER PARK Drive Covington, LA NEW PRICE! MOVE IN READY! This beautifully built home by DR Horton in 2017 offers a spacio...	4 beds \| 2 baths \| 2,014 sq.ft.	$274,000	Airbnb cash on cash: 5.31% Traditional cash on cash: 6.56% Airbnb Rental Income: $2467 Traditional Rental Income: $2191 Airbnb ROI: 5.31% Traditional ROI: 6.56%
350 EMERALD FOREST Boulevard #9202 Covington, LA Cozy condo includes Washer, Dryer, Refrigerator, Range, and microwave. Open floor plan in ...	1 beds \| 1 baths \| 680 sq.ft.	$119,500	Airbnb cash on cash: -1.52% Traditional cash on cash: 6.28% Airbnb Rental Income: $1118 Traditional Rental Income: $1642 Airbnb ROI: -1.52% Traditional ROI: 6.28%
6 HOLLY Lane Covington, LA Beautifully updated 3-bedroom, 2-bath home in desirable Tchefuncte Club Estates! Nestled o...	3 beds \| 2 baths \| 2,206 sq.ft.	$649,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.56% Airbnb Rental Income: $1313 Traditional Rental Income: $2556 Airbnb ROI: -0.16% Traditional ROI: 2.56%
20 BEECHWOOD GARDENS Lane Covington, LA Perched on a bluff with the Little Bogue Falaya River meandering nearby is this beautiful ...	5 beds \| 4 baths \| 4,227 sq.ft.	$1,025,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $4040 Airbnb ROI: N/A Traditional ROI: 2.12%
73527 MILITARY Road Covington, LA Situated on a bucolic 2.9 acre site resplendent with old-growth plantings and trees, and l...	3 beds \| 3 baths \| 3,673 sq.ft.	$810,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.8% Airbnb Rental Income: $1313 Traditional Rental Income: $2211 Airbnb ROI: 0.07% Traditional ROI: 1.8%
72422 ROSE Street Covington, LA Price Improvement! This is a great equity builder and a chance to make your vision a reali...	3 beds \| 1 baths \| 1,085 sq.ft.	$130,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 8.74% Airbnb Rental Income: $1313 Traditional Rental Income: $1367 Airbnb ROI: 5.05% Traditional ROI: 8.74%
78028 N FITZMORRIS EXT None Covington, LA Nice Secluded Country living but minutes away from Covington with all the new restaurants,...	5 beds \| 4 baths \| 2,909 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $3024 Airbnb ROI: N/A Traditional ROI: 8.57%
350 EMERALD FOREST Boulevard #5105 Covington, LA Welcome home to this beautifully maintained ground-floor condo at Emerald Forest Condomini...	2 beds \| 2 baths \| 1,051 sq.ft.	$139,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 7.35% Airbnb Rental Income: $1379 Traditional Rental Income: $1923 Airbnb ROI: 0.18% Traditional ROI: 7.35%
20200 NARROW Road Covington, LA Welcome to your own private retreat! Nestled on 1 acre of beautifully secluded land, this ...	3 beds \| 3 baths \| 2,400 sq.ft.	$399,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 4.64% Airbnb Rental Income: $1313 Traditional Rental Income: $2361 Airbnb ROI: 0.76% Traditional ROI: 4.64%
350 EMERALD FORREST Boulevard #24103 Covington, LA Ground level Emerald Forest condo ready to move in! One bedroom and one bath ground floor...	1 beds \| 1 baths \| 816 sq.ft.	$115,000	Airbnb cash on cash: -5.41% Traditional cash on cash: -0.34% Airbnb Rental Income: $1118 Traditional Rental Income: $1306 Airbnb ROI: -5.41% Traditional ROI: -0.34%
507 E HORNSBY Street Covington, LA Come see this cute 3 bedroom 2 bath house conveniently located just minutes from restauran...	3 beds \| 2 baths \| 1,144 sq.ft.	$210,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.16% Airbnb Rental Income: $1313 Traditional Rental Income: $1526 Airbnb ROI: 3.04% Traditional ROI: 6.16%

Your search for investment property begins and ends here

Mt.morris Investment Property for Sale in Covington, LA

1128 W 11TH Avenue

Covington, LA

5 beds | 3 baths | 2,627 sq.ft.

$548,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2649

Airbnb ROI: N/A

Traditional ROI: 3.45%

344 ORMOND Drive

Covington, LA

4 beds | 3 baths | 2,676 sq.ft.

$624,900

Airbnb cash on cash: 1.48%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2467

Traditional Rental Income: $3083

Airbnb ROI: 1.48%

Traditional ROI: 3.56%

70105 10TH Street

Covington, LA

3 beds | 2 baths | 1,541 sq.ft.

$239,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1313

Traditional Rental Income: $1790

Airbnb ROI: 2.04%

Traditional ROI: 5.96%

23160 LOWE DAVIS Road

Covington, LA

3 beds | 4 baths | 3,120 sq.ft.

$690,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $1313

Traditional Rental Income: $2828

Airbnb ROI: -0.28%

Traditional ROI: 2.7%

72287 MILITARY Road

Covington, LA

3 beds | 3 baths | 2,450 sq.ft.

$675,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 2.13%

Airbnb Rental Income: $1313

Traditional Rental Income: $2405

Airbnb ROI: -0.26%

Traditional ROI: 2.13%

327 SAW GRASS Loop

Covington, LA

4 beds | 3 baths | 2,471 sq.ft.

$480,000

Airbnb cash on cash: 2.3%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $2467

Traditional Rental Income: $2937

Airbnb ROI: 2.3%

Traditional ROI: 4.68%

305 BEEBALM Circle

Covington, LA

4 beds | 3 baths | 2,269 sq.ft.

$348,000

Airbnb cash on cash: 3.64%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $2467

Traditional Rental Income: $2255

Airbnb ROI: 3.64%

Traditional ROI: 4.82%

76212 S FITZMORRIS Lane

Covington, LA

4 beds | 2 baths | 1,961 sq.ft.

$345,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $2467

Traditional Rental Income: $2247

Airbnb ROI: 3.93%