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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
$ 310,000
ROI
24.6
Cash Flow/m
417- 3 Bed
- 2 Bath
- 1986 sft
55 Lakeside Point, Covington, GA, 30016
Listed for sale today
$ 289,900
ROI
28.9Cash Flow/m
740- 3 Bed
- 2 Bath
- 1815 sft
405 Radcliffe Trce, Covington, GA, 30016
Motivated Seller
Listed for sale today
$ 440,000
ROI
29.8Cash Flow/m
1227- 6 Bed
- 5 Bath
- 3560 sft
240 Alcovy Reserve Way, Covington, GA, 30014
Listed for sale today
$ 265,000
ROI
28.0Cash Flow/m
608- 3 Bed
- 3 Bath
- 1463 sft
270 Skipjack Ct, Covington, GA, 30016
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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