Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Covington, GA
$ 369,000
ROI
31.9
Cash Flow/m
1250- 6 Bed
- 4 Bath
- 2841 sft
9285 Cedar Ridge Dr NW #A/B, Covington, GA, 30014
$ 369,000
ROI
32.8Cash Flow/m
1335- 6 Bed
- 4 Bath
- 2841 sft
9285 Cedar Ridge Dr, Covington, GA, 30014
$ 250,000
ROI
20.3Cash Flow/m
37- 2 Bed
- 2 Bath
- 1196 sft
1133 Church St SE APT 3, Covington, GA, 30014
or
Here are some other similar properties you might be interested in:
Motivated Seller
Listed for sale 7 days ago
$ 100,000
ROI
26.4Cash Flow/m
183- 3 Bed
- 3 Bath
- 1848 sft
5150 Bowman Rd, Macon, GA, 31210
$ 100,000
ROI
26.1Cash Flow/m
175- 3 Bed
- 2 Bath
- 1338 sft
865 Steele Dr, Hampton, GA, 30228
$ 100,000
ROI
25.2Cash Flow/m
151- 1 Bed
- 1 Bath
- 190 sft
55 Sims St, Barwick, GA, 31720
Rental Income
$ 100,000
ROI
26.7Cash Flow/m
194- 2 Bed
- 2 Bath
- 1161 sft
1513 Highland Ave, Albany, GA, 31707
$ 100,000
ROI
25.6Cash Flow/m
162- 3 Bed
- 1 Bath
- 960 sft
381 King Rd, Ellaville, GA, 31806
$ 100,000
ROI
26.2Cash Flow/m
178- 3 Bed
- 1 Bath
- 1004 sft
1911 Dianne Drive, Augusta, GA, 30906
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
170- 2 Bed
- 1 Bath
- 1236 sft
2227 Utah Street, Savannah, GA, 31404
Currently Rented
$ 100,000
ROI
25.8Cash Flow/m
167- 3 Bed
- 2 Bath
- - sft
12301 Waldrop Pl, Decatur, GA, 30034
$ 100,000
ROI
25.1Cash Flow/m
149- 4 Bed
- 4 Bath
- 2598 sft
65 Spratlin Way, Hull, GA, 30646
$ 100,000
ROI
26.6Cash Flow/m
189- 3 Bed
- 2 Bath
- 1736 sft
115 Melvin Ln, Kingsland, GA, 31548
$ 100,000
ROI
59.4Cash Flow/m
1104- 3 Bed
- 1 Bath
- 1264 sft
905 W 41st Street, Savannah, GA, 31415
$ 100,000
ROI
44.1Cash Flow/m
677- 3 Bed
- 2 Bath
- 1265 sft
4009 Lindwood Dr, Macon, GA, 31206
$ 100,000
ROI
25.8Cash Flow/m
168- 1 Bed
- 1 Bath
- 635 sft
202 Marshall Ave, Hogansville, GA, 30230
$ 100,000
ROI
18.4Gross Rent Yield
9.2- 2 Bed
- 2 Bath
- 1050 sft
612 Gawin Dr, Warner Robins, GA, 31093
$ 100,000
ROI
25.4Cash Flow/m
156- 2 Bed
- 1 Bath
- 1400 sft
4086 Memorial Dr, Waycross, GA, 31503
$ 100,000
ROI
25.9Cash Flow/m
171- 4 Bed
- 2 Bath
- 1208 sft
1352-1354 Augusta Ave, Savannah, GA, 31415
Fix & Flip
$ 100,000
ROI
26.2Cash Flow/m
180- 2 Bed
- 1 Bath
- 996 sft
864 Spring Valley Dr, Forest Park, GA, 30297
$ 100,000
ROI
53.0Cash Flow/m
924- 3 Bed
- 2 Bath
- 1332 sft
103 Highpoint Dr, Warner Robins, GA, 31093
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
170- - Bed
- - Bath
- 768 sft
1196 Mobile St NW, Atlanta, GA, 30314
Fix & Flip
$ 100,000
ROI
26.4Cash Flow/m
183- 3 Bed
- 2 Bath
- 1971 sft
6807 Shangrila Way, Riverdale, GA, 30296
Currently Rented
$ 100,000
ROI
26.0Cash Flow/m
174- 2 Bed
- 2 Bath
- 1400 sft
21 Hillandale Ln, Newnan, GA, 30263
Currently Rented
$ 100,000
ROI
25.5Cash Flow/m
159- 2 Bed
- 2 Bath
- 1400 sft
21 Hillandale Lane Plan, Coweta Hills, Newnan, GA, 30263
Currently Rented
$ 100,000
ROI
26.2Cash Flow/m
178- 2 Bed
- 2 Bath
- - sft
21 Hillandale Ln #HIL21, Newnan, GA, 30263
$ 100,000
ROI
26.0Cash Flow/m
172- 2 Bed
- 2 Bath
- 980 sft
825 Beaver Run, Bowman, GA, 30624
Why Invest in Covington, Georgia?
Covington, GA offers strong opportunities for condo investors seeking steady rental income in a growing suburban market. With proximity to Atlanta and a diversifying economy, condos here deliver solid **rental yields** around 6-7%. **Cap rates** hover at 5-6%, supported by moderate home values near $290K and increasing renter demand. Annual **appreciation** averages 2-3%, while **avg cash flow** potential reaches $400/month per unit. Low vacancy and job growth make it ideal for long-term holds.
8.5%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields of 6-7% with low vacancy rates. Proximity to Atlanta jobs drives demand from renters. Stable appreciation around 2% adds long-term value.
Find Your Perfect Investment Property in Covington, Georgia
Explore investment opportunities by strategy, performance, or property type
