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

separator

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	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.53% Airbnb Rental Income: $null Traditional Rental Income: $3484 Airbnb ROI: N/A Traditional ROI: 7.53%
2030 MAIN Covington, TN Nice investment or starter home. This home is on about 1/2 acre. Two properties have been...	2 beds \| 1 baths \| N/A	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1286 Airbnb ROI: N/A Traditional ROI: 6.98%
2051 SOLO Covington, TN Nice country setting, no city taxes	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $1950 Airbnb ROI: N/A 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	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $1739 Airbnb ROI: N/A Traditional ROI: 5.02%
104 RUSSWOOD Covington, TN This beautiful 4 bedroom, 2.5 bathroom, two-story home sitting on nearly 1.5 acres inside ...	4 beds \| 3 baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $2676 Airbnb ROI: N/A Traditional ROI: 5.34%
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	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2277 Airbnb ROI: N/A Traditional ROI: 4.74%
527 FAIRWAY Covington, TN Absolutely stunning!!! This 5235 sq ft beauty is located at hole #6 on the gorgeous golf c...	4 beds \| 4 baths \| N/A	$798,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $3578 Airbnb ROI: N/A Traditional ROI: 3.16%
1329 HERRING Covington, TN Take a step back in time to this beautifully maintained 4 bedroom 2 bathroom home that fea...	4 beds \| 2 baths \| N/A	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $2205 Airbnb ROI: N/A Traditional ROI: 6.4%
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	$759,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $3632 Airbnb ROI: N/A Traditional ROI: 3.71%
202 HOLLY GROVE Covington, TN Great location! Lots of Space! 3 bedrooms , 2 1/2 baths plus huge bonus/playroom. Half bat...	3 beds \| 3 baths \| N/A	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $2157 Airbnb ROI: N/A Traditional ROI: 5.5%
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 This little gem is neat and offers 2 large bedrooms, 1 and 1/2 bath, detached 2 car garage...	2 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $1778 Airbnb ROI: N/A Traditional ROI: 7.39%
474 JUNIOR Covington, TN Beautifully updated 3 bedroom, 2 bath home in Tipton County offering comfortable living sp...	3 beds \| 2 baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $1903 Airbnb ROI: N/A Traditional ROI: 8.85%
406 E PLEASANT Covington, TN Step into timeless character with this 2-bedroom, 1-bath home built in 1918, offering appr...	2 beds \| 1 baths \| N/A	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.99% Airbnb Rental Income: $null Traditional Rental Income: $1433 Airbnb ROI: N/A Traditional ROI: 8.99%
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	$434,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $2330 Airbnb ROI: N/A Traditional ROI: 4.26%
722 MAIN Covington, TN Welcome to this beautifully appointed home just steps from the historic Covington Square. ...	3 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1948 Airbnb ROI: N/A Traditional ROI: 4.67%
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: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $1481 Airbnb ROI: N/A Traditional ROI: 6.54%
600 SHERROD Covington, TN BRAND NEW ROOF, HVAC and REFRIGERATOR! This 3 bedroom, 2 bath home in Covington is waiting...	3 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 7.44%
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	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $1264 Airbnb ROI: N/A Traditional ROI: 4.59%

Real Estate investment in Covington, TN

There are 20 properties for sale in the city of Covington . The median list price in Covington is $279,900 and the average price per square foot is $164. In October 2025, the average monthly cash on cash return in Covington is 6.00%. The average monthly rental income in Covington is $2,194.

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

There are 20 investment properties available for sale in Covington.

In 2025, 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 $N/A.

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

$410,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.53%

Airbnb Rental Income: $null

Traditional Rental Income: $3484

Airbnb ROI: N/A

Traditional ROI: 7.53%

2030 MAIN

Covington, TN

2 beds | 1 baths | N/A

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.98%

Airbnb Rental Income: $null

Traditional Rental Income: $1286

Airbnb ROI: N/A

Traditional ROI: 6.98%

2051 SOLO

Covington, TN

3 beds | 2 baths | N/A

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1950

Airbnb ROI: N/A

Traditional ROI: 4.35%

101 SIVIL

Covington, TN

3 beds | 2 baths | N/A

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.02%

Airbnb Rental Income: $null

Traditional Rental Income: $1739

Airbnb ROI: N/A

Traditional ROI: 5.02%

104 RUSSWOOD

Covington, TN

4 beds | 3 baths | N/A

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2676

Airbnb ROI: N/A

Traditional ROI: 5.34%

43 HASTINGS

Covington, TN

4 beds | 2 baths | N/A

$369,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2277

Airbnb ROI: N/A

Traditional ROI: 4.74%

527 FAIRWAY

Covington, TN

4 beds | 4 baths | N/A

$798,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.16%

Airbnb Rental Income: $null

Traditional Rental Income: $3578

Airbnb ROI: N/A

Traditional ROI: 3.16%

1329 HERRING

Covington, TN

4 beds | 2 baths | N/A

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2205

Airbnb ROI: N/A