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

Under $500K Investment Properties for Sale in Covington, IN

Property at 220 10th St, Covington, IN
$ 350,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign305
  • 3 Bed
  • 3 Bath
  • 2580 sft
220 10th St, Covington, IN, 47932
Property at 1514 Heather Ln, Covington, IN
$ 230,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign380
  • 3 Bed
  • 2 Bath
  • 1512 sft
1514 Heather Ln, Covington, IN, 47932
Property at 610 4th St, Covington, IN
$ 265,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign454
  • 4 Bed
  • 3 Bath
  • 3000 sft
610 4th St, Covington, IN, 47932
Property at 711 Crockett St, Covington, IN
$ 155,000
ROI
25.9ROI percentage
Cash Flow/m
Dollar sign266
  • 3 Bed
  • 2 Bath
  • 1520 sft
711 Crockett St, Covington, IN, 47932

Why Invest in Covington, Indiana?

Investing in Covington, IN offers great opportunities for properties under $500k. With a growing rental market, the area boasts strong investor metrics that can yield solid returns. Properties here typically show promising appreciation trends along with a healthy rental yield, making it an attractive locale for prospective investors.

8.5%
Avg. ROI
6.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average property price in Covington is currently around $220,000, making it an affordable option for many investors.

Find Your Perfect Investment Property in Covington, Indiana

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Covington, IN
Fix and Flip Properties in Covington, IN
Short-Term Rental Properties in Covington, IN
AI