Real Estate Investment Properties for Sale in Covington, OH

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

Explore a variety of short-term homes & houses in Covington, OH. Invest wisely with VRBO & Covington, OH 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, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
731 N Pearl Street Covington, OH Back on the market due to buyer financing, already appraised USDA! Enjoy the warmth and ...	3 beds \| 1 baths \| 1,053 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1003 Airbnb ROI: N/A Traditional ROI: 4.69%
115 N Wenrick Street Covington, OH Discover this beautifully renovated 3-bedroom, 1-bath home offering 1,116 sq ft of modern,...	3 beds \| 1 baths \| 1,116 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $1698 Airbnb ROI: N/A Traditional ROI: 5.31%
536-538 S High Street Covington, OH NEW PRICE & NEW UPDATES! New Flooring throughout the Carriage house apartment, New exterio...	3 beds \| 2 baths \| 2,179 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $1515 Airbnb ROI: N/A Traditional ROI: 4.57%
315 N High Street Covington, OH This 2 BR 1 BT brick ranch has tons of potential, just needs updating and TLC to bring it ...	2 beds \| 1 baths \| 1,043 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1556 Airbnb ROI: N/A Traditional ROI: 6.44%
Investment Properties for Sale in Other Cities of Ohio
4922 Bordeaux Ln Mason , OH Beautiful 2 bed 2 bath condo located within Mason City SD! This home features vaulted ceil...	2 beds \| 2 baths \| 1,132 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $1536 Airbnb ROI: N/A Traditional ROI: 3.73%
107 Corwine St Cincinnati , OH A rare proper single family home for sale in OTR. Home is ready to be taken in one of a co...	2 beds \| 1 baths \| 1,000 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.38% Airbnb Rental Income: $null Traditional Rental Income: $1225 Airbnb ROI: N/A Traditional ROI: 1.38%
3239 Pickbury Dr Cincinnati , OH Beautifully updated (2019) Tudor on a quiet street. Old warm charm with new world updates...	4 beds \| 2 baths \| 1,951 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $2023 Airbnb ROI: N/A Traditional ROI: 5.8%
6595 Thistle Grove Maineville , OH Welcome to this updated, well-maintained traditional home located in desirable Wedgwood. T...	4 beds \| 4 baths \| 2,232 sq.ft.	$414,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $3795 Airbnb ROI: N/A Traditional ROI: 6.88%
412 Stanley Ave Cincinnati , OH Come Discover this Charming Historic Home in the Heart of Columbia Tusculum. Amazing Locat...	3 beds \| 1 baths \| 1,320 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $1843 Airbnb ROI: N/A Traditional ROI: 2.37%
3606 Acadia Ln Lebanon , OH Beautiful, move-in ready ranch in Ambleside! Like new but w/ all the upgrades! Modern open...	3 beds \| 2 baths \| 2,395 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.09% Airbnb Rental Income: $null Traditional Rental Income: $1700 Airbnb ROI: N/A Traditional ROI: 0.09%
308 Jackson St Columbus , OH 308 Jackson St, Columbus, OH 43206 \| Single Family Residential	2 beds \| 3 baths \| 2,891 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.17% Airbnb Rental Income: $null Traditional Rental Income: $2147 Airbnb ROI: N/A Traditional ROI: -0.17%
155 S Ohio Ave Columbus , OH Totally renovated historic home in the heart of Olde Towne East! First floor open concept ...	3 beds \| 2 baths \| 2,007 sq.ft.	$474,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $1936 Airbnb ROI: N/A Traditional ROI: 2.55%
164 Frebis Ave Columbus , OH 164 Frebis Ave, Columbus, OH 43206 \| Single Family Residential	3 beds \| 2 baths \| 1,843 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 2.22%
514 Considine Ave Cincinnati , OH 514 Considine Ave, Cincinnati, OH 45205 \| Single Family Residential	3 beds \| 2 baths \| 1,851 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 5.87%
6229 Station Court Dr Cincinnati , OH 6229 Station Court Dr, Cincinnati, OH 45224 \| Single Family Residential	3 beds \| 3 baths \| 2,000 sq.ft.	$572,700	Airbnb cash on cash: N/A Traditional cash on cash: 1.19% Airbnb Rental Income: $null Traditional Rental Income: $2317 Airbnb ROI: N/A Traditional ROI: 1.19%
4973 Glenway Ave Cincinnati , OH Introducing this newly remodeled, mixed use building with high visibility on the busy thor...	2 beds \| 3 baths \| N/A	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 0.91% Airbnb Rental Income: $null Traditional Rental Income: $951 Airbnb ROI: N/A Traditional ROI: 0.91%
5017 Kenwood Rd Cincinnati , OH BRAND NEW 4 bed/2 full, 2 half bath home minutes from all Madisonville has to offer! Featu...	4 beds \| 2 baths \| 2,099 sq.ft.	$629,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $2609 Airbnb ROI: N/A Traditional ROI: 1.74%
2811 Breezy Way Cincinnati , OH You will fall in love with this home! Walk into a large living room with a bay window, a W...	3 beds \| 2 baths \| 1,874 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 5.64%
1870 Berrancher Drive Columbus , OH One story condo in immaculate condition. This condo features 2 large suites. Open floor pl...	2 beds \| 2 baths \| 1,260 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $1728 Airbnb ROI: N/A Traditional ROI: 5.72%

Real Estate investment in Covington, OH

There are 4 properties for sale in the city of Covington . The median list price in Covington is $184,900 and the average price per square foot is $148. In January 2026, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $1,515.

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

There are 4 investment properties available for sale in Covington.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, OH

731 N Pearl Street

Covington, OH

3 beds | 1 baths | 1,053 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1003

Airbnb ROI: N/A

Traditional ROI: 4.69%

115 N Wenrick Street

Covington, OH

3 beds | 1 baths | 1,116 sq.ft.

$244,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1698

Airbnb ROI: N/A

Traditional ROI: 5.31%

536-538 S High Street

Covington, OH

3 beds | 2 baths | 2,179 sq.ft.

$254,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1515

Airbnb ROI: N/A

Traditional ROI: 4.57%

315 N High Street

Covington, OH

2 beds | 1 baths | 1,043 sq.ft.

$184,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1556

Airbnb ROI: N/A

Traditional ROI: 6.44%

Investment Properties for Sale in Other Cities of Ohio

Mason , OH

2 beds | 2 baths | 1,132 sq.ft.

$239,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1536

Airbnb ROI: N/A

Traditional ROI: 3.73%

Cincinnati , OH

2 beds | 1 baths | 1,000 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1225

Airbnb ROI: N/A

Traditional ROI: 1.38%

Cincinnati , OH

4 beds | 2 baths | 1,951 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2023

Airbnb ROI: N/A

Traditional ROI: 5.8%

Maineville , OH

4 beds | 4 baths | 2,232 sq.ft.

$414,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.88%

Airbnb Rental Income: $null

Traditional Rental Income: $3795

Airbnb ROI: N/A

Traditional ROI: 6.88%

Cincinnati , OH

3 beds | 1 baths | 1,320 sq.ft.