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

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

Property at 817 Pearl St, Covington, IN
$ 179,000
ROI
33.8ROI percentage
Cash Flow/m
Dollar sign700
  • 3 Bed
  • 2 Bath
  • 2325 sft
817 Pearl 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
Property at 1630 W Spring St, Covington, IN
$ 180,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign52
  • 2 Bed
  • 1 Bath
  • 1464 sft
1630 W Spring St, Covington, IN, 47932
Property at 609 Jefferson St, Covington, IN
$ 275,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign263
  • 3 Bed
  • 3 Bath
  • 2678 sft
609 Jefferson 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.

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