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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Covington, GA
Fix & Flip
Listed for sale today
$ 301,100
ROI
22.5
Cash Flow/m
225- 5 Bed
- 3 Bath
- 2772 sft
240 Randette Dr, Covington, GA, 30016
Listed for sale 1 day ago
$ 285,900
ROI
26.8Cash Flow/m
558- 3 Bed
- 2 Bath
- 1974 sft
175 Loudoun Dr, Covington, GA, 30014
Motivated Seller
Listed for sale 1 day ago
$ 308,500
ROI
24.1Cash Flow/m
377- 4 Bed
- 3 Bath
- 1320 sft
90 Chestnut Dr, Covington, GA, 30016
Listed for sale 3 days ago
$ 379,190
ROI
20.9Cash Flow/m
122- 4 Bed
- 3 Bath
- 2300 sft
398 River Walk Farm Pkwy, Covington, GA, 30014
Why Invest in Covington, Georgia?
Covington, GA offers strong investment opportunities in properties under $500K, with access to hundreds of listings in this price range. Rental yields average around 7%, supported by steady appreciation and a solid renter-occupied rate of 38%. Cap rates hover at 6.5%, making it attractive for cash flow-focused investors. The area's proximity to Atlanta drives demand, with average rents at $1,600/month. Economic growth in Newton County enhances long-term ROI potential.
9.2%
Avg. ROI
7.1%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
5.8%
1Y Appreciation
Find Your Perfect Investment Property in Covington, Georgia
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