Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Covington, GA
Listed for sale 5 days ago
$ 184,900
ROI
24.9
Cash Flow/m
263- 3 Bed
- 2 Bath
- 1347 sft
105 Sears Rd, Covington, GA, 30016
$ 199,000
ROI
26.8Cash Flow/m
388- 2 Bed
- 2 Bath
- 1600 sft
105 Valley Ct, Covington, GA, 30016
Fix & Flip
$ 199,000
ROI
25.3Cash Flow/m
306- 4 Bed
- 3 Bath
- 2122 sft
35 Maggie Ct, Covington, GA, 30016
$ 145,000
ROI
25.2Cash Flow/m
220- 3 Bed
- 2 Bath
- 1309 sft
8122 Puckett St SW, Covington, GA, 30014
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.
Find Your Perfect Investment Property in Covington, Georgia
Explore investment opportunities by strategy, performance, or property type
