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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Covington, IN

Listed for sale 1 day ago
$ 275,000
ROI
23.3
Cash Flow/m
269- 3 Bed
- 3 Bath
- 2678 sft
609 Jefferson St, Covington, IN, 47932

$ 369,000
ROI
21.3
Cash Flow/m
156- 3 Bed
- 3 Bath
- 2000 sft
1009 Sunset Dr, Covington, IN, 47932

$ 425,000
ROI
25.1
Cash Flow/m
637- 3 Bed
- 3 Bath
- 2220 sft
15253 Spring Creek Dr, Covington, IN, 47932

$ 199,000
ROI
24.5
Cash Flow/m
263- 2 Bed
- 1 Bath
- 896 sft
4942 W 1200 S, Covington, IN, 47932
Why Invest in Covington, Indiana?
Covington, IN, offers unique opportunities for real estate investors, particularly in multifamily properties. With a growing rental market, investors can benefit from a favorable rental yield and consistent cash flow. The area features an attractive average ROI, making it a viable choice for those looking to improve their investment portfolios.
8%
Avg. ROI
7.5%
Rental Yield
9%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Covington is approximately $900 per month, showing a steady increase over the past years.
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