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.

Single Family Homes for Sale in Covington, TN

Search for Single Family Residential for Sale in Covington, Tennessee. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 51 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
263 Morris Rd Covington, TN Improved Price!!! 20 acres and a Pool highlight this forever home for you and your family!...	4 beds \| 2 baths \| 2,682 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $2253 Airbnb ROI: N/A Traditional ROI: 2.63%
40 Vandergrift Dr Covington, TN For more information, contact Ken Wright at (901) 265-4656. Visit http://www.crye-leike.co...	3 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.86% Airbnb Rental Income: $1232 Traditional Rental Income: $1880 Airbnb ROI: 1.45% Traditional ROI: 5.86%
4615 Hwy 54 Hwy E Covington, TN Charming 3-bedroom, 1.5-bath home full of character, situated on a spacious 1-acre lot wit...	3 beds \| 1 baths \| 1,545 sq.ft.	$210,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 6.95% Airbnb Rental Income: $1232 Traditional Rental Income: $1710 Airbnb ROI: 2.57% Traditional ROI: 6.95%
707 S College St Covington, TN Completely remodeled home in the heart of Covington within walking distance to Covington H...	3 beds \| 2 baths \| 2,156 sq.ft.	$320,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 4.59% Airbnb Rental Income: $1232 Traditional Rental Income: $1845 Airbnb ROI: 1.24% Traditional ROI: 4.59%
527 Fairway Dr Covington, TN A truly one-of-a-kind home that showcases exceptional architectural design, timeless chara...	4 beds \| 3 baths \| 5,235 sq.ft.	$609,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $3578 Airbnb ROI: N/A Traditional ROI: 4.7%
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 \| 1,078 sq.ft.	$185,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 6.72% Airbnb Rental Income: $1232 Traditional Rental Income: $1481 Airbnb ROI: 3.07% Traditional ROI: 6.72%
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 \| 897 sq.ft.	$199,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.97% Airbnb Rental Income: $437 Traditional Rental Income: $1264 Airbnb ROI: -0.79% Traditional ROI: 4.97%
502 James Ave Covington, TN Price Reduced to $242,500 Due to contract falling thru the week of closing with no fault o...	3 beds \| 2 baths \| 1,696 sq.ft.	$241,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 7% Airbnb Rental Income: $1232 Traditional Rental Income: $1983 Airbnb ROI: 1.98% Traditional ROI: 7%
1321 59 Hwy W Covington, TN BEAUTIFULLY REMODELED! This home has been professionally remodeled from top to bottom! Wit...	3 beds \| 2 baths \| 1,900 sq.ft.	$299,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.37% Airbnb Rental Income: $1232 Traditional Rental Income: $1642 Airbnb ROI: 1.52% Traditional ROI: 4.37%
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: 3.84% Traditional cash on cash: 10.71% Airbnb Rental Income: $1232 Traditional Rental Income: $1760 Airbnb ROI: 3.84% Traditional ROI: 10.71%
754 Mcwilliams Rd Covington, TN 754 Mcwilliams Rd, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$357,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.87% Airbnb Rental Income: $1232 Traditional Rental Income: $1291 Airbnb ROI: 0.52% Traditional ROI: 1.87%
212 Tipton St Covington, TN 212 Tipton St, Covington, TN 38019 \| Single Family Residential	5 beds \| 3 baths \| N/A	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.63% Airbnb Rental Income: $null Traditional Rental Income: $2561 Airbnb ROI: N/A Traditional ROI: 6.63%
133 Washington Ave Covington, TN 133 Washington Ave, Covington, TN 38019 \| Single Family Residential	6 beds \| 2 baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $1902 Airbnb ROI: N/A Traditional ROI: 3.8%
111 Washington Ave Covington, TN 111 Washington Ave, Covington, TN 38019 \| Single Family Residential	6 beds \| 2 baths \| N/A	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 5.5%
212 Feezor St Covington, TN 212 Feezor St, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.11% Airbnb Rental Income: $1232 Traditional Rental Income: $1332 Airbnb ROI: 1.79% Traditional ROI: 4.11%
605 Junior Dr Covington, TN 605 Junior Dr, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$169,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 6.31% Airbnb Rental Income: $1232 Traditional Rental Income: $1385 Airbnb ROI: 2.92% Traditional ROI: 6.31%
114 Boyce Ave E Covington, TN This adorable home is within walking distance of historical downtown Covington and is comp...	3 beds \| 1 baths \| 1,184 sq.ft.	$194,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 6.26% Airbnb Rental Income: $1232 Traditional Rental Income: $1463 Airbnb ROI: 2.88% Traditional ROI: 6.26%
597 Walton Loop Covington, TN Owner occupant* 3 bedrooms, 1 bath, situated on almost a half acre lot in Covington, TN. I...	3 beds \| 1 baths \| 1,024 sq.ft.	$139,500	Airbnb cash on cash: 4.25% Traditional cash on cash: 9.06% Airbnb Rental Income: $1232 Traditional Rental Income: $1482 Airbnb ROI: 4.25% Traditional ROI: 9.06%
127 Walton Loop Rd Covington, TN MOTIVATED SELLERS! Great home with lots of character, plenty of space, room to roam and ve...	4 beds \| 3 baths \| 2,028 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $2648 Airbnb ROI: N/A Traditional ROI: 6.89%
7172 Mt Carmel Rd Covington, TN Enjoy peaceful country living with beautiful views in this charming 4-bedroom, 2-bath home...	4 beds \| 2 baths \| 1,823 sq.ft.	$339,815	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $2273 Airbnb ROI: N/A Traditional ROI: 5.58%
792 Smith Dr Covington, TN This is a charming 3 bed 2 bath home on +/-0.50 acres in Tipton County. All of your higher...	3 beds \| 2 baths \| 1,764 sq.ft.	$249,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.02% Airbnb Rental Income: $1232 Traditional Rental Income: $1350 Airbnb ROI: 1.85% Traditional ROI: 4.02%
112 Fairway Dr Covington, TN MOTIVATED SELLER!! All offers welcome!!! Welcome to The Links!! This home is MOVE IN READY...	4 beds \| 3 baths \| 2,745 sq.ft.	$444,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 3.77%
5442 Bride Rd Covington, TN BACK ON MARKET! Easy to show! looking for country living? wide open spaces, beautiful view...	3 beds \| 1 baths \| 1,263 sq.ft.	$164,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 7.84% Airbnb Rental Income: $1232 Traditional Rental Income: $1525 Airbnb ROI: 3.47% Traditional ROI: 7.84%
100 Holly Grove Rd Covington, TN INVESTMENT OPPORTUNITY! This listing includes 100 & 104 Holly Grove Rd, total of +/- 0.50 ...	2 beds \| 1 baths \| 702 sq.ft.	$240,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.02% Airbnb Rental Income: $437 Traditional Rental Income: $1253 Airbnb ROI: -0.73% Traditional ROI: 4.02%
129 Tatlock Cir Covington, TN Beautifully renovated 3 bedroom, 1 bath home that blends modern updates with everyday comf...	3 beds \| 1 baths \| 1,056 sq.ft.	$164,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 6.69% Airbnb Rental Income: $1232 Traditional Rental Income: $1333 Airbnb ROI: 3.54% Traditional ROI: 6.69%
439 Mclillie Ln Covington, TN This large, stately home sits near the cove of a dead-end street. It features plenty of sq...	5 beds \| 4 baths \| 3,747 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $4996 Airbnb ROI: N/A Traditional ROI: 8.31%
747 Best St Covington, TN Well-kept one owner home. Enjoy the convenience of being just moments away from schools, d...	2 beds \| 1 baths \| 1,185 sq.ft.	$129,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 9.23% Airbnb Rental Income: $437 Traditional Rental Income: $1411 Airbnb ROI: -0.67% Traditional ROI: 9.23%
404 Liberty Ave E Covington, TN 404 Liberty Ave E, Covington, TN 38019 \| Single Family Residential	5 beds \| 4 baths \| N/A	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $3573 Airbnb ROI: N/A Traditional ROI: 6.12%
1254 Burnett Ln Covington, TN 1254 Burnett Ln, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$295,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.82% Airbnb Rental Income: $1232 Traditional Rental Income: $1350 Airbnb ROI: 0.97% Traditional ROI: 2.82%
319 N Maple St Covington, TN 319 N Maple St, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.37% Airbnb Rental Income: $1232 Traditional Rental Income: $1526 Airbnb ROI: 0.93% Traditional ROI: 3.37%
703 Irene Cir Covington, TN	3 beds \| 2 baths \| 2,500 sq.ft.	$350,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.51% Airbnb Rental Income: $1232 Traditional Rental Income: $2326 Airbnb ROI: 0.99% Traditional ROI: 5.51%
446 Lennanwood Ave Covington, TN 446 Lennanwood Ave, Covington, TN 38019 \| Single Family Residential	2 beds \| 1 baths \| N/A	$119,900	Airbnb cash on cash: -1% Traditional cash on cash: 4.34% Airbnb Rental Income: $437 Traditional Rental Income: $792 Airbnb ROI: -1% Traditional ROI: 4.34%
1766 Hwy 59 Hwy Covington, TN Completely renovated and move-in ready! This beautifully updated 4-bedroom, 2 bath home of...	4 beds \| 2 baths \| 1,404 sq.ft.	$288,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $1821 Airbnb ROI: N/A Traditional ROI: 5.3%
171 Brierhedge Rd Covington, TN Situated on a beautifully maintained 1.09-acre lot, this updated 3-bedroom, 2-bath home of...	3 beds \| 2 baths \| 1,810 sq.ft.	$350,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.65% Airbnb Rental Income: $1232 Traditional Rental Income: $2030 Airbnb ROI: 1.02% Traditional ROI: 4.65%
43 Hastings Way Covington, TN Don't miss this Covington gem! Nestled on a little over 2 acres, this spacious 4 bedrooms,...	4 beds \| 2 baths \| 2,845 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2464 Airbnb ROI: N/A Traditional ROI: 6.15%
1140 Long Rd Covington, TN 1140 Long Rd, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.49% Airbnb Rental Income: $1232 Traditional Rental Income: $1375 Airbnb ROI: 0.73% Traditional ROI: 2.49%
2288 Hwy 59 Hwy Covington, TN 2288 Hwy 59 Hwy, Covington, TN 38019 \| Single Family Residential	3 beds \| 2 baths \| N/A	$239,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.99% Airbnb Rental Income: $1232 Traditional Rental Income: $1385 Airbnb ROI: 1.58% Traditional ROI: 3.99%
1860 Hwy 59 Hwy Covington, TN 1860 Hwy 59 Hwy, Covington, TN 38019 \| Single Family Residential	3 beds \| 1 baths \| N/A	$224,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.09% Airbnb Rental Income: $1232 Traditional Rental Income: $1113 Airbnb ROI: 1.79% Traditional ROI: 3.09%
365 Blankenship Rd Covington, TN 365 Blankenship Rd, Covington, TN 38019 \| Single Family Residential	4 beds \| N/A baths \| 2,049 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $1553 Airbnb ROI: N/A Traditional ROI: 4.13%
900 Peete St Covington, TN 900 Peete St, Covington, TN 38019 \| Single Family Residential	3 beds \| 1 baths \| N/A	$87,500	Airbnb cash on cash: 6.99% Traditional cash on cash: 10% Airbnb Rental Income: $1232 Traditional Rental Income: $1096 Airbnb ROI: 6.99% Traditional ROI: 10%

Your search for investment property begins and ends here

Single Family Homes for Sale in Covington, TN

263 Morris Rd

Covington, TN

4 beds | 2 baths | 2,682 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2253

Airbnb ROI: N/A

Traditional ROI: 2.63%

40 Vandergrift Dr

Covington, TN

3 beds | 2 baths | N/A

$250,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1232

Traditional Rental Income: $1880

Airbnb ROI: 1.45%

Traditional ROI: 5.86%

4615 Hwy 54 Hwy E

Covington, TN

3 beds | 1 baths | 1,545 sq.ft.

$210,000

Airbnb cash on cash: 2.57%

Traditional cash on cash: 6.95%

Airbnb Rental Income: $1232

Traditional Rental Income: $1710

Airbnb ROI: 2.57%

Traditional ROI: 6.95%

707 S College St

Covington, TN

3 beds | 2 baths | 2,156 sq.ft.

$320,000

Airbnb cash on cash: 1.24%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1232

Traditional Rental Income: $1845

Airbnb ROI: 1.24%

Traditional ROI: 4.59%

527 Fairway Dr

Covington, TN

4 beds | 3 baths | 5,235 sq.ft.

$609,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.7%

Airbnb Rental Income: $null

Traditional Rental Income: $3578

Airbnb ROI: N/A

Traditional ROI: 4.7%

624 Fyfe St

Covington, TN

3 beds | 1 baths | 1,078 sq.ft.

$185,000

Airbnb cash on cash: 3.07%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $1232

Traditional Rental Income: $1481

Airbnb ROI: 3.07%

Traditional ROI: 6.72%

715 Maple St S

Covington, TN

2 beds | 1 baths | 897 sq.ft.

$199,000

Airbnb cash on cash: -0.79%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $437

Traditional Rental Income: $1264

Airbnb ROI: -0.79%

Traditional ROI: 4.97%

502 James Ave

Covington, TN

3 beds | 2 baths | 1,696 sq.ft.

$241,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 7%

Airbnb Rental Income: $1232

Traditional Rental Income: $1983

Airbnb ROI: 1.98%