Real Estate Investment Properties for Sale in Covington, TN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1524 GARLAND Covington, TN REDUCED! REDUCED! Come take a look!! Serenity at it's finest... This beautiful home is s...	4 beds \| 4 baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $3484 Airbnb ROI: N/A Traditional ROI: 7.76%
1519 WALTERS Covington, TN Well maintained home with lots of charm, located in an established neighborhood! Perfect s...	3 beds \| 2 baths \| N/A	$229,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 6.83% Airbnb Rental Income: $1614 Traditional Rental Income: $1930 Airbnb ROI: 3.27% Traditional ROI: 6.83%
2051 SOLO Covington, TN Nice country setting, no city taxes	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.35% Airbnb Rental Income: $1614 Traditional Rental Income: $1950 Airbnb ROI: 1.93% Traditional ROI: 4.35%
101 SIVIL Covington, TN Completely renovated home with nearly 1,900 square feet of beautifully updated living spac...	3 beds \| 2 baths \| N/A	$264,900	Airbnb cash on cash: 3.02% Traditional cash on cash: 5.36% Airbnb Rental Income: $1614 Traditional Rental Income: $1739 Airbnb ROI: 3.02% Traditional ROI: 5.36%
43 HASTINGS Covington, TN Country living at it's BEST! This home is very large and sits on approx. 2 acres! Lovely 4...	4 beds \| 2 baths \| N/A	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2277 Airbnb ROI: N/A Traditional ROI: 4.89%
1467 HALL Covington, TN Welcome to your dream home just outside of Covington! Nestled on 2 acres, this stunning 4-...	4 beds \| 6 baths \| N/A	$724,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $3632 Airbnb ROI: N/A Traditional ROI: 3.93%
1452 SOLO Covington, TN Great house on 11 acres and very well maintained. Hardwood floors Master down with kitchen...	4 beds \| 5 baths \| N/A	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $4619 Airbnb ROI: N/A Traditional ROI: 5.64%
316 SANFORD Covington, TN A REALLY NICE HOME. COME TAKE A LOOK. Home to be sold âAs Isâ.	4 beds \| 3 baths \| N/A	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.72% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 8.72%
714 SHERROD Covington, TN Back on the market. This little gem is neat and offers 2 large bedrooms, 1 and 1/2 bath, d...	2 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $1778 Airbnb ROI: N/A Traditional ROI: 8.04%
1531 DAVIS Covington, TN Enjoy peaceful country living in this spacious 3-bedroom, 2-bath home nestled on 6 beautif...	3 beds \| 2 baths \| N/A	$415,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.51% Airbnb Rental Income: $1614 Traditional Rental Income: $2330 Airbnb ROI: 1.49% Traditional ROI: 4.51%
624 FYFE Covington, TN This newly remodeled cutie is waiting for you! This home brings beach cottage vibes to Cov...	3 beds \| 1 baths \| N/A	$187,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 6.54% Airbnb Rental Income: $1614 Traditional Rental Income: $1481 Airbnb ROI: 4.72% Traditional ROI: 6.54%
715 MAPLE Covington, TN Beautifully renovated 2BR/1BA home in the heart of Covington, just minutes from the histor...	2 beds \| 1 baths \| N/A	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1264 Airbnb ROI: N/A Traditional ROI: 4.67%
502 JAMES Covington, TN Wonderful 3-bedroom 2 bath brick home located on huge lot with mature trees & wooden fence...	3 beds \| 2 baths \| N/A	$248,500	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.59% Airbnb Rental Income: $1614 Traditional Rental Income: $1983 Airbnb ROI: 3.06% Traditional ROI: 6.59%
100 HOLLY BROOKE Covington, TN If you're looking for space inside and outside, look no further than 100 Holly Brooke Cove...	4 beds \| 4 baths \| N/A	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.46% Airbnb Rental Income: $null Traditional Rental Income: $3519 Airbnb ROI: N/A Traditional ROI: 8.46%

Real Estate investment in Covington, TN

There are 14 properties for sale in the city of Covington . The median list price in Covington is $275,000 and the average price per square foot is $NaN. In December 2025, the average monthly cash on cash return in Covington is 7.00%. The average monthly rental income in Covington is $1,983.

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

There are 14 investment properties available for sale in Covington.

In 2025, the best neighborhood to buy investment property is Covington.

The ROI for Long-Term is higher than the Short-Term in Covington with average rental income of $1,983.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, TN

1524 GARLAND

Covington, TN

4 beds | 4 baths | N/A

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3484

Airbnb ROI: N/A

Traditional ROI: 7.76%

1519 WALTERS

Covington, TN

3 beds | 2 baths | N/A

$229,900

Airbnb cash on cash: 3.27%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $1614

Traditional Rental Income: $1930

Airbnb ROI: 3.27%

Traditional ROI: 6.83%

2051 SOLO

Covington, TN

3 beds | 2 baths | N/A

$350,000

Airbnb cash on cash: 1.93%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1614

Traditional Rental Income: $1950

Airbnb ROI: 1.93%

Traditional ROI: 4.35%

101 SIVIL

Covington, TN

3 beds | 2 baths | N/A

$264,900

Airbnb cash on cash: 3.02%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1614

Traditional Rental Income: $1739

Airbnb ROI: 3.02%

Traditional ROI: 5.36%

43 HASTINGS

Covington, TN

4 beds | 2 baths | N/A

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2277

Airbnb ROI: N/A

Traditional ROI: 4.89%

1467 HALL

Covington, TN

4 beds | 6 baths | N/A

$724,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $3632

Airbnb ROI: N/A

Traditional ROI: 3.93%

1452 SOLO

Covington, TN

4 beds | 5 baths | N/A

$700,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.64%

Airbnb Rental Income: $null

Traditional Rental Income: $4619

Airbnb ROI: N/A

Traditional ROI: 5.64%

316 SANFORD

Covington, TN

4 beds | 3 baths | N/A

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2745

Airbnb ROI: N/A