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
1194 54 Covington, TN Beautiful 4-Bedroom Home on a Corner Lot Near Covington Square! Welcome to this beautifull...	4 beds \| 2 baths \| N/A	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A Traditional ROI: 6.54%
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	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $3484 Airbnb ROI: N/A Traditional ROI: 7.35%
633 OAKVIEW Covington, TN One of a kind, contemporary home with thoughtful layout in move-in condition! Beautiful ho...	4 beds \| 4 baths \| N/A	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.76% Airbnb Rental Income: $null Traditional Rental Income: $3688 Airbnb ROI: N/A Traditional ROI: 9.76%
2030 MAIN Covington, TN Nice investment or starter home.	2 beds \| 1 baths \| N/A	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $1286 Airbnb ROI: N/A Traditional ROI: 6.11%
42 HASTINGS Covington, TN ASSUMABLE VA LOAN @ 2.99%! Beautifully Renovated 4 Bedroom (2 beds down) + Bonus / 3 Bath ...	4 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 5.22%
453 BRIERHEDGE Covington, TN This Brick 3 Br, 2 1/2 bath home with a large bonus room & a 2 car attached garage is loca...	3 beds \| 3 baths \| N/A	$359,900	Airbnb cash on cash: 7.33% Traditional cash on cash: 5.38% Airbnb Rental Income: $3831 Traditional Rental Income: $2346 Airbnb ROI: 7.33% Traditional ROI: 5.38%
711 MAIN Covington, TN NOTE: This property is located in the Historic District of Covington. See red "X" on att...	2 beds \| 2 baths \| N/A	$159,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.68% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 9.68%
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	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $3578 Airbnb ROI: N/A Traditional ROI: 3.02%
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	$294,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $2205 Airbnb ROI: N/A Traditional ROI: 6.18%
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	$774,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $3632 Airbnb ROI: N/A Traditional ROI: 3.61%
2389 59 Covington, TN Cute little cottage home with county taxes only! This adorable 2 bedroom 1 bath home has o...	2 beds \| 1 baths \| N/A	$178,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $1233 Airbnb ROI: N/A Traditional ROI: 5.51%
924 LIBERTY Covington, TN Spacious 5BR/3.5BA home on 1.5 acres in Covington! Features include a large living room wi...	4 beds \| 3 baths \| N/A	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $2724 Airbnb ROI: N/A Traditional ROI: 8.03%
412 N TIPTON Covington, TN Welcome to your next home in the heart of Covington! This adorable 2-bedroom, 1-bath cotta...	2 beds \| 1 baths \| N/A	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $1442 Airbnb ROI: N/A Traditional ROI: 8.61%
936 HARVEST TRAILS Covington, TN HOME SWEET HOME! This beautiful property sits in a quiet cove right outside of the Covingt...	3 beds \| 3 baths \| N/A	$553,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 3.58% Airbnb Rental Income: $3831 Traditional Rental Income: $2666 Airbnb ROI: 4.23% Traditional ROI: 3.58%
65 VANDY Covington, TN Wonderful 4 bedroom 2 bath brick home recently completely renovated, located in the county...	4 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2213 Airbnb ROI: N/A Traditional ROI: 7.42%
202 HOLLY GROVE Covington, TN	3 beds \| 3 baths \| N/A	$325,000	Airbnb cash on cash: 7.97% Traditional cash on cash: 5.2% Airbnb Rental Income: $3831 Traditional Rental Income: $2157 Airbnb ROI: 7.97% Traditional ROI: 5.2%
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: 1.22% Airbnb Rental Income: $null Traditional Rental Income: $1739 Airbnb ROI: N/A Traditional ROI: 1.22%
455 MCLILLIE Covington, TN Welcome Home! This beautiful 4 bed, 3.5 bath, home is tucked at the end of a peaceful cove...	4 beds \| 4 baths \| N/A	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $3515 Airbnb ROI: N/A Traditional ROI: 9.99%

Real Estate investment in Covington, TN

There are 19 properties for sale in the city of Covington . The median list price in Covington is $292,000 and the average price per square foot is $NaN. In September 2025, the average monthly cash on cash return in Covington is 7.00%. The average monthly rental income in Covington is $2,243.

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

There are 19 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 $2,243.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, TN

1194 54

Covington, TN

4 beds | 2 baths | N/A

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2252

Airbnb ROI: N/A

Traditional ROI: 6.54%

1524 GARLAND

Covington, TN

4 beds | 4 baths | N/A

$419,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.35%

Airbnb Rental Income: $null

Traditional Rental Income: $3484

Airbnb ROI: N/A

Traditional ROI: 7.35%

633 OAKVIEW

Covington, TN

4 beds | 4 baths | N/A

$339,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3688

Airbnb ROI: N/A

Traditional ROI: 9.76%

2030 MAIN

Covington, TN

2 beds | 1 baths | N/A

$169,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.11%

Airbnb Rental Income: $null

Traditional Rental Income: $1286

Airbnb ROI: N/A

Traditional ROI: 6.11%

42 HASTINGS

Covington, TN

4 beds | 3 baths | N/A

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2746

Airbnb ROI: N/A

Traditional ROI: 5.22%

453 BRIERHEDGE

Covington, TN

3 beds | 3 baths | N/A

$359,900

Airbnb cash on cash: 7.33%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $3831

Traditional Rental Income: $2346

Airbnb ROI: 7.33%

Traditional ROI: 5.38%

711 MAIN

Covington, TN

2 beds | 2 baths | N/A

$159,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.68%

Airbnb Rental Income: $null

Traditional Rental Income: $1781

Airbnb ROI: N/A

Traditional ROI: 9.68%

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