Under $300K Investment Properties for Sale in Covington, GA
Listed for sale 1 day ago
$ 275,000
ROI
24.0
Cash Flow/m
323- 3 Bed
- 2 Bath
- 1350 sft
15 Amber Way, Covington, GA, 30016
Listed for sale 1 day ago
$ 299,000
ROI
28.4Cash Flow/m
720- 3 Bed
- 2 Bath
- 2390 sft
180 Meadowbrook Ct, Covington, GA, 30016
Listed for sale 1 day ago
$ 229,000
ROI
29.4Cash Flow/m
613- 3 Bed
- 3 Bath
- 1953 sft
5119 Lynxs Cir SW, Covington, GA, 30014
Listed for sale 1 day ago
$ 267,000
ROI
26.4Cash Flow/m
494- 3 Bed
- 2 Bath
- 1666 sft
55 Kaitlin Ct, Covington, GA, 30016
Why Invest in Covington, Georgia?
Covington, GA offers strong investment potential in homes under $300k, with affordable entry points for single-family rentals. Stable rental demand from local workforce supports consistent cash flow. Annual appreciation around 5% reflects regional growth near Atlanta. Cap rates of 7-9% make these properties attractive for passive income. Renter-occupied housing exceeds 35%, ensuring low vacancy risks.
9.2%
Avg. ROI
8.5%
Rental Yield
7.8%
Cap Rate
$425/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
5.1%
1Y Appreciation
Frequently Asked Questions
Affordable homes under $300k offer high cap rates around 8% and strong rental yields. Proximity to Atlanta drives demand from commuters. Stable appreciation supports long-term equity growth.
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