Townhouse Investment Properties for Sale in Covington, GA
693- 3 Bed
- 3 Bath
- 1737 sft
699- 3 Bed
- 3 Bath
- 1628 sft
762- 3 Bed
- 3 Bath
- 1737 sft
510- 3 Bed
- 3 Bath
- 1737 sft
Why Invest in Covington, Georgia?
Covington, GA townhouses offer investors a strategic entry into a market with stable rental demand and competitive pricing. Recent data shows median home values around $290K with modest appreciation potential amid softening prices. Rental yields average 6-7% driven by a high renter-occupied rate over 40%, supporting consistent cash flow. Cap rates hover at 7-8% for townhomes, bolstered by proximity to Atlanta's job market. Low vacancy and growing employment make townhouses a resilient choice for long-term holds.
Frequently Asked Questions
Yes, townhouses offer solid rental yields around 7% with high renter occupancy. Proximity to Atlanta jobs ensures demand. Stable cap rates make them resilient in softening markets.
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