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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:
Listed for sale today
$ 100,000
ROI
25.9Cash Flow/m
169- 3 Bed
- 2 Bath
- 1960 sft
4279 Union Church Rd, Fort Valley, GA, 31030
Rental Income
Listed for sale 6 days ago
$ 100,000
ROI
25.9Cash Flow/m
169- 3 Bed
- 1 Bath
- 1050 sft
803 E Park Ave, Valdosta, GA, 31602
Airbnb Potential
Listed for sale 7 days ago
$ 100,000
ROI
26.6Cash Flow/m
189- 2 Bed
- 1 Bath
- 1052 sft
140 Boat Landing Rd, Abbeville, GA, 31001
Currently Rented
$ 100,000
ROI
26.4Cash Flow/m
184- 2 Bed
- 1 Bath
- 1010 sft
3052 Tate Rd, Augusta, GA, 30906
Fix & Flip
Rental Income
$ 100,000
ROI
26.1Cash Flow/m
176- 4 Bed
- 1 Bath
- - sft
4803 Cedartown Hwy SE, Lindale, GA, 30147
$ 100,000
ROI
26.5Cash Flow/m
186- 4 Bed
- 2 Bath
- 2125 sft
3134 Ohara Dr S, Macon, GA, 31206
Fix & Flip
$ 100,000
ROI
26.4Cash Flow/m
184- 3 Bed
- 2 Bath
- 1336 sft
211 Malaga St, Pelham, GA, 31779
$ 100,000
ROI
26.7Cash Flow/m
193- 3 Bed
- 1 Bath
- 1120 sft
414 S Baldwin Circle, Savannah, GA, 31405
Fix & Flip
$ 100,000
ROI
25.1Cash Flow/m
149- 3 Bed
- 1 Bath
- 845 sft
734 Alfred Rd NW, Atlanta, GA, 30331
$ 100,000
ROI
25.2Cash Flow/m
150- 2 Bed
- 1 Bath
- 884 sft
426 Evans Rd, Rossville, GA, 30741
$ 100,000
ROI
26.6Cash Flow/m
189- 2 Bed
- 1 Bath
- 1070 sft
151 Crawford St, Danielsville, GA, 30633
Fix & Flip
Rental Income
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1152 sft
459 Alexander Mill Pond Rd, Collins, GA, 30421
$ 100,000
ROI
26.7Cash Flow/m
193- 2 Bed
- 1 Bath
- 1050 sft
7009 Cobbham Rd, Appling, GA, 30802
$ 100,000
ROI
26.7Cash Flow/m
193- 3 Bed
- 2 Bath
- 1790 sft
280 Reynard Drive, Eden, GA, 31307
$ 100,000
ROI
25.2Cash Flow/m
151- 3 Bed
- 2 Bath
- 1344 sft
35 Curly Cook Drive, Crawford, GA, 30630
$ 100,000
ROI
24.2Cash Flow/m
122- - Bed
- - Bath
- 62726 sft
4012 Paulette Dr, Monroe, GA, 30656
Rental Income
$ 100,000
ROI
17.3Gross Rent Yield
9.1- 2 Bed
- 2 Bath
- 1116 sft
6421 Woodstone Ter, Morrow, GA, 30260
$ 100,000
ROI
26.4Cash Flow/m
184- 3 Bed
- 2 Bath
- 1520 sft
162 Haile Booker Rd, Fitzgerald, GA, 31750
Rental Income
$ 100,000
ROI
32.9Cash Flow/m
366- 1 Bed
- 1 Bath
- 768 sft
507 Sonidale Dr, Waycross, GA, 31501
$ 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
Currently Rented
$ 100,000
ROI
25.3Cash Flow/m
154- 3 Bed
- 2 Bath
- - sft
12301 Waldrop Pl, Decatur, GA, 30034
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.
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