Real Estate Investments for Sale in Covington, LA With High ROI

Are you looking for a vacation rental in Covington, LA? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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.

Investment Property for Sale in Covington, LA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
236 KNOLL PINE Circle Covington, LA This home sits very pretty on large, fenced corner lot with rear yard access! Well maintai...	3 beds \| 2 baths \| 1,613 sq.ft.	$279,000	Airbnb cash on cash: 8.86% Traditional cash on cash: 5.25% Airbnb Rental Income: $3661 Traditional Rental Income: $1914 Airbnb ROI: 8.86% Traditional ROI: 5.25%
31 GLEN Loop Covington, LA Spacious home, so bring the friends and family. Master suite + guest suite, 2 living rooms...	4 beds \| 5 baths \| 3,600 sq.ft.	$534,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 6.03% Airbnb Rental Income: $4025 Traditional Rental Income: $3889 Airbnb ROI: 4.58% Traditional ROI: 6.03%
344 ORMOND Drive Covington, LA MOTIVATED SELLER~LETâS NEGOTIATE! Carefree living at its finest, welcome to your dream ...	4 beds \| 3 baths \| 2,676 sq.ft.	$674,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 3.29% Airbnb Rental Income: $4025 Traditional Rental Income: $3146 Airbnb ROI: 3.32% Traditional ROI: 3.29%
20398 NARROW Road Covington, LA Experience luxury living in this fully remodeled 5bedroom country estate on 5 acres of pic...	5 beds \| 6 baths \| 4,779 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $4881 Airbnb ROI: N/A Traditional ROI: 2.27%
350 EMERALD FOREST Boulevard #9101 Covington, LA In Like New Condition is this attractive and pleasant condo in gated community. Located o...	2 beds \| 2 baths \| 1,050 sq.ft.	$159,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 0.72% Airbnb Rental Income: $2952 Traditional Rental Income: $1650 Airbnb ROI: 4.78% Traditional ROI: 0.72%
20446 FLORENCE Street Covington, LA One of a kind home in convenient location of Covington! This wonderful home has it all wit...	3 beds \| 3 baths \| 2,909 sq.ft.	$389,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 5.95% Airbnb Rental Income: $3661 Traditional Rental Income: $2836 Airbnb ROI: 6.02% Traditional ROI: 5.95%
212 HIDDEN CREEK Boulevard Covington, LA Only 4 years young! Absolutely stunning farmhouse cottage, located in the desired Hidden C...	4 beds \| 3 baths \| 2,374 sq.ft.	$512,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 4.45% Airbnb Rental Income: $4025 Traditional Rental Income: $2985 Airbnb ROI: 4.83% Traditional ROI: 4.45%
124 BAY TREE MANOR Drive Covington, LA 3 Bedroom / 2.5 Bathroom Home resting on a 60 x 125 Lot in Terra Bella Village - Upscale A...	3 beds \| 3 baths \| 2,390 sq.ft.	$661,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 3.08% Airbnb Rental Income: $3661 Traditional Rental Income: $2622 Airbnb ROI: 3.47% Traditional ROI: 3.08%
201 WOODBERRY Drive Covington, LA Tremendous curb appeal in this beautiful 4 BD/3 BA home nestled atop a hill overlooking ex...	4 beds \| 3 baths \| 2,834 sq.ft.	$497,000	Airbnb cash on cash: 4.93% Traditional cash on cash: 4.93% Airbnb Rental Income: $4025 Traditional Rental Income: $3165 Airbnb ROI: 4.93% Traditional ROI: 4.93%
1177 DELTA Lane Covington, LA Incredibly well kept and very functional home now available in River Club! Two story home ...	4 beds \| 3 baths \| 2,640 sq.ft.	$700,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 3.19% Airbnb Rental Income: $4025 Traditional Rental Income: $3194 Airbnb ROI: 3.15% Traditional ROI: 3.19%
120 BERTEL Drive Covington, LA Located on a beautiful tree-lined street in coveted Country Club Estates, this charming ho...	3 beds \| 3 baths \| 3,164 sq.ft.	$445,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 3.6% Airbnb Rental Income: $3661 Traditional Rental Income: $2246 Airbnb ROI: 5.08% Traditional ROI: 3.6%
16730 HIGHLAND HEIGHTS Drive Covington, LA Beautiful 4-bedroom, 3-bathroom Covington home! Boasting an open-concept living area and a...	4 beds \| 3 baths \| 2,473 sq.ft.	$335,000	Airbnb cash on cash: 8.11% Traditional cash on cash: 6.26% Airbnb Rental Income: $4025 Traditional Rental Income: $2582 Airbnb ROI: 8.11% Traditional ROI: 6.26%
77377 HIGHWAY 21 Highway Covington, LA Your own sportsman's paradise awaits with this 48 acre scenic country property. Minutes fr...	4 beds \| 3 baths \| 3,034 sq.ft.	$900,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 2.16% Airbnb Rental Income: $4025 Traditional Rental Income: $2772 Airbnb ROI: 2.63% Traditional ROI: 2.16%
18120 DERBES Drive Covington, LA Enjoy sunsets, sunrises and gentle breezes living on the water. Vacation all year long in ...	4 beds \| 3 baths \| 2,855 sq.ft.	$547,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 3.72% Airbnb Rental Income: $4025 Traditional Rental Income: $2786 Airbnb ROI: 4.46% Traditional ROI: 3.72%
4 TERRACE Drive Covington, LA This Acadian style home, located in an equestrian neighborhood, is a dream retreat! The ex...	3 beds \| 3 baths \| 2,380 sq.ft.	$450,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 5.02% Airbnb Rental Income: $3661 Traditional Rental Income: $2868 Airbnb ROI: 5.01% Traditional ROI: 5.02%
1116 S VERMONT Street Covington, LA GET A 4.35% RATE YOUR 1ST YEAR AND A 5.35% RATE YOUR SECOND YEAR WITH OUR IN HOUSE LENDER!...	4 beds \| 4 baths \| 4,592 sq.ft.	$1,299,000	Airbnb cash on cash: 1% Traditional cash on cash: 1.31% Airbnb Rental Income: $4025 Traditional Rental Income: $3542 Airbnb ROI: 1% Traditional ROI: 1.31%
350 EMERALD FOREST Boulevard #8204 Covington, LA SELLER TO PROVIDE $3000 TOWARDS BUYER'S CLOSING COSTS!!! Motivated seller - owner moving o...	2 beds \| 2 baths \| 1,050 sq.ft.	$159,500	Airbnb cash on cash: 9.21% Traditional cash on cash: 4.12% Airbnb Rental Income: $2952 Traditional Rental Income: $1496 Airbnb ROI: 9.21% Traditional ROI: 4.12%
249 Egret Street Covington, LA Relisted with brand new kitchen appliances and fresh paint! Lovely and well maintained 3 b...	3 beds \| 2 baths \| 1,637 sq.ft.	$290,000	Airbnb cash on cash: 8.25% Traditional cash on cash: 4.86% Airbnb Rental Income: $3661 Traditional Rental Income: $1936 Airbnb ROI: 8.25% Traditional ROI: 4.86%
350 EMERALD FOREST Boulevard #29108 Covington, LA MOVE-IN-READY UPSTAIRS CORNER UNIT WITH CONVENIENT ASSIGNED COVERED PARKING. Two large pri...	2 beds \| 2 baths \| 1,280 sq.ft.	$182,000	Airbnb cash on cash: 7.92% Traditional cash on cash: 4.14% Airbnb Rental Income: $2952 Traditional Rental Income: $1616 Airbnb ROI: 7.92% Traditional ROI: 4.14%
82487 HWY 437 Highway Covington, LA Recent 10K Price Drop! Priced well beneath Appraisal! OPEN HOUSE 04/21/24! Come drop by an...	4 beds \| 3 baths \| 2,122 sq.ft.	$570,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 2.94% Airbnb Rental Income: $4025 Traditional Rental Income: $2483 Airbnb ROI: 4.22% Traditional ROI: 2.94%
33 S AZALEA Drive Covington, LA Immerse yourself in tranquility on this secluded 1.47 acre waterfront estate nestled along...	5 beds \| 5 baths \| 4,121 sq.ft.	$982,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $4450 Airbnb ROI: N/A Traditional ROI: 3.22%
72408 CROSSVINE Drive Covington, LA Welcome to your dream home in the gated subdivision of Wingfield Estates (Under constructi...	5 beds \| 6 baths \| 4,954 sq.ft.	$1,600,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.96% Airbnb Rental Income: $null Traditional Rental Income: $5436 Airbnb ROI: N/A Traditional ROI: 1.96%
5053 TWIN RIVER Place Covington, LA WOW...come view this 4 Bedroom 3 1/2 Bath with 3 car garage new construction home............	4 beds \| 4 baths \| 2,800 sq.ft.	$699,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 3.98% Airbnb Rental Income: $4025 Traditional Rental Income: $3393 Airbnb ROI: 3.64% Traditional ROI: 3.98%
5028 TWIN RIVER Place Covington, LA New construction in the Estates at Watercross a Gated Community which is located just Nort...	4 beds \| 4 baths \| 2,405 sq.ft.	$603,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.33% Airbnb Rental Income: $4025 Traditional Rental Income: $3143 Airbnb ROI: 4.37% Traditional ROI: 4.33%
230 STONEWOOD Drive Covington, LA This charming home in Crestwood Estates has 3 bedrooms and 2 bathrooms, offering comfortab...	3 beds \| 2 baths \| 1,712 sq.ft.	$399,000	Airbnb cash on cash: 5.8% Traditional cash on cash: 3.52% Airbnb Rental Income: $3661 Traditional Rental Income: $2007 Airbnb ROI: 5.8% Traditional ROI: 3.52%
801 S NEW HAMPSHIRE Street Covington, LA Ideal opportunity to come in and create your own personal touches! Great corner lot in the...	5 beds \| 5 baths \| 5,500 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $5431 Airbnb ROI: N/A Traditional ROI: 5.62%
350 EMERALD FOREST Boulevard #9205 Covington, LA Welcome to your new home! This inviting 2-bedroom, 2-bathroom condo offers a blend of comf...	2 beds \| 2 baths \| 1,100 sq.ft.	$194,500	Airbnb cash on cash: 7.55% Traditional cash on cash: 3.41% Airbnb Rental Income: $2952 Traditional Rental Income: $1506 Airbnb ROI: 7.55% Traditional ROI: 3.41%
106 COVINGTON COTTAGE Lane Covington, LA Welcome to your dream home! This charming 2 bedroom, 2 bath cottage offers a cozy and invi...	2 beds \| 2 baths \| 1,050 sq.ft.	$230,000	Airbnb cash on cash: 8.98% Traditional cash on cash: 6.06% Airbnb Rental Income: $2952 Traditional Rental Income: $1634 Airbnb ROI: 8.98% Traditional ROI: 6.06%
1717 ORCHARD Drive Covington, LA NEW PRICE!!! PERFECT & PRIVATE IN POPULAR OAK ALLEY, YOU'LL ENJOY THE SPACIOUS FLOOR PLAN ...	3 beds \| 2 baths \| 1,720 sq.ft.	$305,000	Airbnb cash on cash: 8.16% Traditional cash on cash: 5.64% Airbnb Rental Income: $3661 Traditional Rental Income: $2139 Airbnb ROI: 8.16% Traditional ROI: 5.64%
437 S JAHNCKE Avenue Covington, LA Nestled on a sprawling .93 acre lot adorned with majestic live oaks, this property is a ha...	3 beds \| 4 baths \| 4,497 sq.ft.	$1,890,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 0.57% Airbnb Rental Income: $3661 Traditional Rental Income: $2855 Airbnb ROI: 0.58% Traditional ROI: 0.57%
1356 RIVER CLUB Drive Covington, LA Stunning, transitional custom home. New construction. 4 beds/4.5 baths with bonus room and...	4 beds \| 5 baths \| 3,943 sq.ft.	$1,315,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 2.23% Airbnb Rental Income: $4025 Traditional Rental Income: $4162 Airbnb ROI: 1.41% Traditional ROI: 2.23%
26 CAMELLIA Drive Covington, LA Incredible home on oversized lot located in a very desired neighborhood, Flower Estates No...	4 beds \| 3 baths \| 2,650 sq.ft.	$585,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.66% Airbnb Rental Income: $4025 Traditional Rental Income: $2939 Airbnb ROI: 4.07% Traditional ROI: 3.66%
72288 MILITARY Road Covington, LA WOW! Classic Acadian cottage with limitless potential right next to Tammany Trace! One min...	2 beds \| 3 baths \| 1,400 sq.ft.	$265,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 6.17% Airbnb Rental Income: $2952 Traditional Rental Income: $2021 Airbnb ROI: 7.17% Traditional ROI: 6.17%
205 E 5TH Avenue Covington, LA Classic brick ranch just steps to downtown Covington! Located on an oversized corner lot w...	4 beds \| 3 baths \| 2,916 sq.ft.	$429,000	Airbnb cash on cash: 6.1% Traditional cash on cash: 6.2% Airbnb Rental Income: $4025 Traditional Rental Income: $3207 Airbnb ROI: 6.1% Traditional ROI: 6.2%
604 E 3RD Avenue Covington, LA Location, Location, Location! Here's your opportunity to fully enjoy Old Covington! The ho...	2 beds \| 1 baths \| 1,584 sq.ft.	$375,999	Airbnb cash on cash: 4.63% Traditional cash on cash: 2.14% Airbnb Rental Income: $2952 Traditional Rental Income: $1393 Airbnb ROI: 4.63% Traditional ROI: 2.14%
527 N PIERCE Street Covington, LA Great Investment property. This Double sits in a quiet neighborhood. No carpet. One unit h...	N/A beds \| N/A baths \| 1,779 sq.ft.	$214,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $1221 Airbnb ROI: N/A Traditional ROI: 3.75%
72323 SUNSET Drive Covington, LA Welcome to this charming home, nestled on a spacious, picturesque lot with rear yard acces...	3 beds \| 2 baths \| 1,710 sq.ft.	$300,000	Airbnb cash on cash: 8.25% Traditional cash on cash: 4.98% Airbnb Rental Income: $3661 Traditional Rental Income: $1938 Airbnb ROI: 8.25% Traditional ROI: 4.98%
66 THUNDERBIRD Drive Covington, LA Beautiful Custom home to be built in Tchefuncta Club Estates! Buyers can select every fini...	5 beds \| 5 baths \| 3,735 sq.ft.	$1,425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $5177 Airbnb ROI: N/A Traditional ROI: 2.27%
14012 RIVERLAKE Drive Covington, LA Welcome to your dream lakeside retreat, where luxury meets nature in perfect harmony! Nest...	5 beds \| 3 baths \| 2,063 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2799 Airbnb ROI: N/A Traditional ROI: 5.89%
2328 BUCK Drive Covington, LA Incredibly well kept 4 bedroom 2 bath home now available in Oak Alley! Home features stain...	4 beds \| 2 baths \| 1,939 sq.ft.	$319,000	Airbnb cash on cash: 8.6% Traditional cash on cash: 5.54% Airbnb Rental Income: $4025 Traditional Rental Income: $2246 Airbnb ROI: 8.6% Traditional ROI: 5.54%

Real Estate investment in Covington, LA

There are 83 properties for sale in the city of Covington . The median list price in Covington is $387,450 and the average price per square foot is $150. In April 2024, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $2,311.

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

There are 83 investment properties available for sale in Covington.

In 2024, the best neighborhood to buy investment property is Covington.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $3,661.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, LA

236 KNOLL PINE Circle

Covington, LA

3 beds | 2 baths | 1,613 sq.ft.

$279,000

Airbnb cash on cash: 8.86%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $3661

Traditional Rental Income: $1914

Airbnb ROI: 8.86%

Traditional ROI: 5.25%

31 GLEN Loop

Covington, LA

4 beds | 5 baths | 3,600 sq.ft.

$534,900

Airbnb cash on cash: 4.58%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $4025

Traditional Rental Income: $3889

Airbnb ROI: 4.58%

Traditional ROI: 6.03%

344 ORMOND Drive

Covington, LA

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

$674,000

Airbnb cash on cash: 3.32%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $4025

Traditional Rental Income: $3146

Airbnb ROI: 3.32%

Traditional ROI: 3.29%

20398 NARROW Road

Covington, LA

5 beds | 6 baths | 4,779 sq.ft.

$1,350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.27%

Airbnb Rental Income: $null

Traditional Rental Income: $4881

Airbnb ROI: N/A

Traditional ROI: 2.27%

350 EMERALD FOREST Boulevard #9101

Covington, LA

2 beds | 2 baths | 1,050 sq.ft.

$159,900

Airbnb cash on cash: 4.78%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $2952

Traditional Rental Income: $1650

Airbnb ROI: 4.78%

Traditional ROI: 0.72%

20446 FLORENCE Street

Covington, LA

3 beds | 3 baths | 2,909 sq.ft.

$389,900

Airbnb cash on cash: 6.02%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $3661

Traditional Rental Income: $2836

Airbnb ROI: 6.02%

Traditional ROI: 5.95%

212 HIDDEN CREEK Boulevard

Covington, LA

4 beds | 3 baths | 2,374 sq.ft.

$512,000

Airbnb cash on cash: 4.83%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $4025

Traditional Rental Income: $2985

Airbnb ROI: 4.83%

Traditional ROI: 4.45%

124 BAY TREE MANOR Drive

Covington, LA

3 beds | 3 baths | 2,390 sq.ft.

$661,000

Airbnb cash on cash: 3.47%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $3661

Traditional Rental Income: $2622

Airbnb ROI: 3.47%