Investment Properties Under $200K in Covington, GA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Covington, GA

Property at 145 Clover Valley Dr, Covington, GA
$ 187,200
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign318
  • 3 Bed
  • 2 Bath
  • 2223 sft
145 Clover Valley Dr, Covington, GA, 30016
Property at 15975 Highway 36, Covington, GA
$ 199,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign462
  • 2 Bed
  • 1 Bath
  • 1040 sft
15975 Highway 36, Covington, GA, 30014
Property at 8151 Puckett St SW, Covington, GA
$ 170,000
ROI
33.3ROI percentage
Cash Flow/m
Dollar sign638
  • 3 Bed
  • 1 Bath
  • 1306 sft
8151 Puckett St SW, Covington, GA, 30014
Property at 3409 Salem Rd, Covington, GA
$ 179,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign342
  • 3 Bed
  • 2 Bath
  • - sft
3409 Salem Rd, Covington, GA, 30016

Why Invest in Covington, Georgia?

Covington, GA offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing rentals. Rental yields average 8-10% due to steady demand from renters. Annual appreciation holds at 4-5%, supported by regional growth. Cap rates around 7% make these properties attractive for passive income. Renter-occupied units exceed 40%, ensuring reliable occupancy.

9.5%
Avg. ROI
9.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

Yes, Covington offers numerous properties under $200k suitable for rentals. These typically feature 2-3 bedrooms with strong cash flow potential. Focus on established neighborhoods for best appreciation.

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