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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
Listed for sale today
$ 325,000
ROI
26.3
Cash Flow/m
588- 3 Bed
- 2 Bath
- 1923 sft
25 Summer Walk Cir, Covington, GA, 30016
Listed for sale today
$ 234,900
ROI
33.0Cash Flow/m
868- 3 Bed
- 2 Bath
- 1412 sft
35 Mountainview Ter, Covington, GA, 30016
Listed for sale 2 days ago
$ 274,000
ROI
27.9Cash Flow/m
620- 3 Bed
- 2 Bath
- - sft
75 Pebble Ln, Covington, GA, 30016
Listed for sale 2 days ago
$ 395,000
ROI
26.3Cash Flow/m
720- 3 Bed
- 4 Bath
- 2585 sft
5135 Arnold St, 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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