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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
Motivated Seller
Listed for sale 4 days ago
$ 200,000
ROI
22.4
Cash Flow/m
146- 3 Bed
- 2 Bath
- 2030 sft
80 Falls Xing, Covington, GA, 30016
Listed for sale 7 days ago
$ 194,900
ROI
26.4Cash Flow/m
362- 3 Bed
- 2 Bath
- 1344 sft
11930 Flat Shoals Rd #R, Covington, GA, 30016
$ 155,000
ROI
25.6Cash Flow/m
252- 4 Bed
- 2 Bath
- 1840 sft
6114 Hopkins St NE, Covington, GA, 30014
Fix & Flip
$ 175,000
ROI
25.0Cash Flow/m
255- 3 Bed
- 2 Bath
- 1274 sft
755 Navajo Trl, 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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