Investment Properties Under $200K in Covington, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Covington, IN

Property at 4942 W 1200 S, Covington, IN
$ 199,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign263
  • 2 Bed
  • 1 Bath
  • 896 sft
4942 W 1200 S, Covington, IN, 47932
Property at 830 Jefferson St, Covington, IN
$ 165,000
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign268
  • 2 Bed
  • 1 Bath
  • 1318 sft
830 Jefferson St, Covington, IN, 47932
Property at 14368 N 300 E, Covington, IN
$ 190,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign284
  • 3 Bed
  • 3 Bath
  • 2166 sft
14368 N 300 E, Covington, IN, 47932
Property at 205 Harlan Ave, Covington, IN
$ 150,000
ROI
36.8ROI percentage
Cash Flow/m
Dollar sign714
  • 3 Bed
  • 2 Bath
  • 1195 sft
205 Harlan Ave, Covington, IN, 47932

Why Invest in Covington, Indiana?

Investing in Covington, IN offers the opportunity to find properties under $200k, making it an attractive market for new and seasoned investors alike. The low entry price point is complemented by potential appreciation as the area continues to develop economically. With a strong rental yield and decent cash flow, Covington can provide a stable return on your investment.

8.5%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Covington, IN is around $1,200 per month, making it affordable compared to larger metropolitan areas.

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