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

Investment Properties for Sale in Covington, KY

Why Invest in Covington, Kentucky?

Covington, KY offers strong investment potential with ongoing riverfront redevelopment driving rental demand. Major projects like the Central Riverfront and Bavarian Flats add hundreds of new housing units near Cincinnati. Appreciation rates around 6% annually pair with cap rates of 7-8% for solid cash flow. Renter occupancy exceeds 50%, supported by stable job growth and affordable entry prices under $220K median. Infrastructure investments enhance long-term value for multifamily and townhome investors.

9.5%
Avg. ROI
7.2%
Rental Yield
7.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
6.8%
1Y Appreciation

Frequently Asked Questions

Major developments like Covington Central Riverfront and Bavarian Flats add premium housing supply near Cincinnati. Home values rose 6.8% last year with stable growth expected into 2026. Investor demand for rentals supports consistent gains.

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