Investment Properties for Sale in Covington, LA
198- 4 Bed
- 3 Bath
- 2811 sft
104- 3 Bed
- 2 Bath
- 1564 sft
296- 3 Bed
- 2 Bath
- 2554 sft
251- 3 Bed
- 2 Bath
- 1182 sft
Why Invest in Covington, Louisiana?
Covington, LA offers steady real estate investment opportunities with a median rent of $1,930 and home values around $310,000. Rental demand remains solid, supported by 1.55% year-over-year rent growth and a competitive market. Investors benefit from 5% annual appreciation and low vacancy trends in this growing Northshore community. Cap rates hover around 5-6%, with positive cash flow potential from stable employment hubs. Proximity to New Orleans enhances appeal for long-term rental yields above 5%.
Frequently Asked Questions
The median monthly rent in Covington is $1,930 across 141 listings. Year-over-year, rents have risen 1.55%, indicating strong demand. This supports reliable cash flow for rental investors.
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