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

Under $300K Investment Properties for Sale in Covington, IN

Property at 1050 E 1550 N, Covington, IN
Listed for sale 3 days ago
$ 149,900
ROI
29.2ROI percentage
Cash Flow/m
Dollar sign394
  • 4 Bed
  • 1 Bath
  • 1992 sft
1050 E 1550 N, Covington, IN, 47932
Property at 1016 3rd St, Covington, IN
$ 275,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign126
  • 3 Bed
  • 2 Bath
  • 1669 sft
1016 3rd St, Covington, IN, 47932
Property at 106 Elm Dr, Covington, IN
$ 259,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign185
  • 3 Bed
  • 2 Bath
  • 1524 sft
106 Elm Dr, Covington, IN, 47932
Property at 916 Union St, Covington, IN
$ 174,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign214
  • 2 Bed
  • 1 Bath
  • 656 sft
916 Union St, Covington, IN, 47932

Why Invest in Covington, Indiana?

Investing in Covington, IN, especially properties under $300,000, offers lucrative opportunities for both new and seasoned investors. The area's affordable real estate market combined with steady job growth means you can expect strong rental yields and appreciation over time. With rental rates increasing and a low vacancy rate, this market is ripe for investment.

10.5%
Avg. ROI
7.2%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Covington, IN, is approximately $950 per month, making it an affordable option for renters and investors alike.

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