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
$ 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 1 day ago
$ 100,000
ROI
25.7Cash Flow/m
166- 3 Bed
- 2 Bath
- 1176 sft
6114 Elliott Dr, Albany, GA, 31705
Listed for sale 4 days ago
$ 100,000
ROI
26.2Cash Flow/m
179- 3 Bed
- 1 Bath
- 936 sft
811 Stillwater Dr, Valdosta, GA, 31601
Listed for sale 4 days ago
$ 100,000
ROI
26.6Cash Flow/m
190- 3 Bed
- 2 Bath
- 1404 sft
294 Holt Perkins Rd, Cochran, GA, 31014
Rental Income
Listed for sale 5 days ago
$ 100,000
ROI
35.0Cash Flow/m
425- 3 Bed
- 1 Bath
- 975 sft
2480 Charlene Ter, Macon, GA, 31206
$ 100,000
ROI
26.7Cash Flow/m
192- 3 Bed
- 1 Bath
- 1016 sft
2916 Urban Ave, Columbus, GA, 31907
Fix & Flip
$ 100,000
ROI
24.9Cash Flow/m
142- 4 Bed
- 2 Bath
- 2326 sft
6800 Old National Hwy, Atlanta, GA, 30349
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
170- 3 Bed
- 2 Bath
- 1400 sft
25 Raven Ct, Covington, GA, 30014
$ 100,000
ROI
26.0Cash Flow/m
174- 1 Bed
- 1 Bath
- 1316 sft
115 Blanton Ave, Griffin, GA, 30223
$ 100,000
ROI
25.5Cash Flow/m
158- 5 Bed
- 2 Bath
- 2114 sft
805 E Church St, Fort Valley, GA, 31030
Currently Rented
$ 100,000
ROI
24.9Cash Flow/m
143- 3 Bed
- 1 Bath
- 1456 sft
215 Sunset Dr, Warner Robins, GA, 31088
$ 100,000
ROI
26.3Cash Flow/m
181- 4 Bed
- 2 Bath
- - sft
895 Pearson Rd, Sylvester, GA, 31791
Fix & Flip
$ 100,000
ROI
25.1Cash Flow/m
149- 2 Bed
- 2 Bath
- 1730 sft
5300 Flakes Mill Rd, Ellenwood, GA, 30294
$ 100,000
ROI
26.2Cash Flow/m
178- 3 Bed
- 1 Bath
- 974 sft
5539 Ash St, Forest Park, GA, 30297
$ 100,000
ROI
25.1Cash Flow/m
149- 2 Bed
- 1 Bath
- 906 sft
237 Main St, Barwick, GA, 31720
$ 100,000
ROI
24.0Cash Flow/m
119- 1 Bed
- 1 Bath
- - sft
175 Choestoe Falls Cir, Blairsville, GA, 30512
Fix & Flip
$ 100,000
ROI
24.9Cash Flow/m
143- 3 Bed
- 2 Bath
- 1216 sft
105 Bayberry Dr, Byron, GA, 31008
$ 100,000
ROI
24.9Cash Flow/m
143- 2 Bed
- 1 Bath
- 1135 sft
2935 Milan Chauncey Rd, Milan, GA, 31060
Motivated Seller
$ 100,000
ROI
25.2Cash Flow/m
152- 4 Bed
- 2 Bath
- 1664 sft
423 Eskew Rd, McDonough, GA, 30252
Fix & Flip
Motivated Seller
$ 100,000
ROI
25.2Cash Flow/m
151- 2 Bed
- 1 Bath
- 800 sft
2892 Boss Rd, Chickamauga, GA, 30707
$ 100,000
ROI
25.8Cash Flow/m
168- 2 Bed
- 1 Bath
- 660 sft
7491 Green Acres Rd, Donalsonville, GA, 39845
$ 100,000
ROI
25.8Cash Flow/m
168- 4 Bed
- 3 Bath
- 1900 sft
1286 Jake Lucas Rd NE, Ludowici, GA, 31316
$ 100,000
ROI
25.3Cash Flow/m
154- 3 Bed
- 1 Bath
- 1950 sft
1620 N Martin Luther King Jr Blvd, Americus, GA, 31719
$ 100,000
ROI
16.6Gross Rent Yield
9.5- 3 Bed
- 3 Bath
- 1628 sft
146 Rue Fontaine, Lithonia, GA, 30038
$ 100,000
ROI
26.2Cash Flow/m
179- 3 Bed
- 2 Bath
- 1294 sft
102 W 61st Street, Savannah, GA, 31405
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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