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
250 Mcdow Ln Covington, TN This massive 5300+ square foot brick home sits on 2 acres in the country. There are 5 bedr...	5 beds \| 4 baths \| N/A	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.13% Airbnb Rental Income: $null Traditional Rental Income: $4698 Airbnb ROI: N/A Traditional ROI: 11.13%
2051 Solo Rd Covington, TN Nice country setting, no city taxes	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.35% Airbnb Rental Income: $1115 Traditional Rental Income: $1950 Airbnb ROI: 0.67% Traditional ROI: 4.35%
101 Sivil Cir Covington, TN This home it located in the Garland Community. Completely renovated home with nearly 1,900...	3 beds \| 2 baths \| N/A	$264,799	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.36% Airbnb Rental Income: $1115 Traditional Rental Income: $1739 Airbnb ROI: 1.36% Traditional ROI: 5.36%
43 Hastings Way 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%
527 Fairway Dr Covington, TN Located along the 6th fairway of the Covington Country Club golf course, this 5,235 sqft h...	4 beds \| 3 baths \| N/A	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $3578 Airbnb ROI: N/A Traditional ROI: 3.74%
1467 Hall Rd Covington, TN Welcome to your dream home just outside of Covington! Nestled on 2 acres, this stunning 4-...	4 beds \| 4 baths \| N/A	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $3632 Airbnb ROI: N/A Traditional ROI: 4.1%
1452 Solo Rd Covington, TN Great house on 11 acres and very well maintained. Hardwood floors Master down with kitchen...	4 beds \| 3 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%
624 Fyfe St 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: 2.38% Traditional cash on cash: 6.54% Airbnb Rental Income: $1115 Traditional Rental Income: $1481 Airbnb ROI: 2.38% Traditional ROI: 6.54%
715 Maple St S Covington, TN Beautifully renovated 2BR/1BA home in the heart of Covington, just minutes from the histor...	2 beds \| 1 baths \| N/A	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $1264 Airbnb ROI: N/A Traditional ROI: 4.78%
502 James Ave 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: 1.29% Traditional cash on cash: 6.59% Airbnb Rental Income: $1115 Traditional Rental Income: $1983 Airbnb ROI: 1.29% Traditional ROI: 6.59%
3920 Antioch Hwy 51 Rd Covington, TN Look No Further! This Cozy 2-Bedroom, 1- Bathroom home has it all! Check out the Upgrade...	2 beds \| 1 baths \| N/A	$227,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $1289 Airbnb ROI: N/A Traditional ROI: 4.3%
301 N Maple St Covington, TN Step into the charm of this historic 1900 home, just a short walk to the Covington Square....	3 beds \| 2 baths \| N/A	$235,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 8.62% Airbnb Rental Income: $1115 Traditional Rental Income: $2325 Airbnb ROI: 1.49% Traditional ROI: 8.62%
605 Byars St Covington, TN Check out this fully renovated home with 3 bedrooms and 3 full bathrooms! Huge primary bed...	3 beds \| 3 baths \| 2,196 sq.ft.	$289,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 6.91% Airbnb Rental Income: $1115 Traditional Rental Income: $2319 Airbnb ROI: 1.13% Traditional ROI: 6.91%
1321 59 Hwy W Covington, TN BEAUTIFULLY REMODELED! This home has been professionally remodeled from top to bottom! Wit...	3 beds \| 2 baths \| N/A	$318,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.06% Airbnb Rental Income: $1115 Traditional Rental Income: $1642 Airbnb ROI: 1.04% Traditional ROI: 4.06%
1139 Tennessee 179 Covington, TN Move In Ready!!! This home features 3 bedrooms, 2 bathrooms, and is ready for its new owne...	3 beds \| 2 baths \| 1,512 sq.ft.	$140,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 10.71% Airbnb Rental Income: $1115 Traditional Rental Income: $1760 Airbnb ROI: 3.11% Traditional ROI: 10.71%
417 Turner Ln Covington, TN Country living at it's best-Large backyard and located in the country -House is move-in re...	3 beds \| 1 baths \| N/A	$179,500	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.53% Airbnb Rental Income: $1115 Traditional Rental Income: $1445 Airbnb ROI: 2.41% Traditional ROI: 6.53%
400 Park St Covington, TN This home is a 2 owner home that was well built and has been wonderfully maintained! All o...	3 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.46% Airbnb Rental Income: $1115 Traditional Rental Income: $1877 Airbnb ROI: 1.25% Traditional ROI: 6.46%
5466 Hwy 59 Hwy W Covington, TN Fantastic 3 bedroom, 2 bath home with a bonus room downstairs! Fenced in backyard and cove...	3 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 6.21% Airbnb Rental Income: $1115 Traditional Rental Income: $1861 Airbnb ROI: 1.46% Traditional ROI: 6.21%

Real Estate investment in Covington, TN

There are 47 properties for sale in the city of Covington . The median list price in Covington is $318,000 and the average price per square foot is $138. In March 2026, the average monthly cash on cash return in Covington is 6.00%. The average monthly rental income in Covington is $1,950.

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

There are 47 investment properties available for sale in Covington.

In 2026, 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 $1,950.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, TN

250 Mcdow Ln

Covington, TN

5 beds | 4 baths | N/A

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.13%

Airbnb Rental Income: $null

Traditional Rental Income: $4698

Airbnb ROI: N/A

Traditional ROI: 11.13%

2051 Solo Rd

Covington, TN

3 beds | 2 baths | N/A

$350,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1115

Traditional Rental Income: $1950

Airbnb ROI: 0.67%

Traditional ROI: 4.35%

101 Sivil Cir

Covington, TN

3 beds | 2 baths | N/A

$264,799

Airbnb cash on cash: 1.36%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1115

Traditional Rental Income: $1739

Airbnb ROI: 1.36%

Traditional ROI: 5.36%

43 Hastings Way

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%

527 Fairway Dr

Covington, TN

4 beds | 3 baths | N/A

$699,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3578

Airbnb ROI: N/A

Traditional ROI: 3.74%

1467 Hall Rd

Covington, TN

4 beds | 4 baths | N/A

$649,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.1%

Airbnb Rental Income: $null

Traditional Rental Income: $3632

Airbnb ROI: N/A

Traditional ROI: 4.1%

1452 Solo Rd

Covington, TN

4 beds | 3 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%

624 Fyfe St

Covington, TN

3 beds | 1 baths | N/A

$187,000

Airbnb cash on cash: 2.38%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1115

Traditional Rental Income: $1481

Airbnb ROI: 2.38%