Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Covington, LA
$ 125,000
ROI
32.8
Cash Flow/m
452- 1 Bed
- 1 Bath
- 791 sft
350 Emerald Forest Blvd APT 6101, Covington, LA, 70433
$ 127,500
ROI
25.1Cash Flow/m
191- 1 Bed
- 1 Bath
- 816 sft
350 Emerald Forest Blvd APT 30109, Covington, LA, 70433
$ 144,000
ROI
24.5Cash Flow/m
190- 2 Bed
- 2 Bath
- 1201 sft
350 Emerald Forest Blvd APT 26108, Covington, LA, 70433
$ 154,900
ROI
21.6Cash Flow/m
81- 2 Bed
- 2 Bath
- 1201 sft
350 Emerald Forest Blvd APT 22107, Covington, LA, 70433
Why Invest in Covington, Louisiana?
Covington, LA offers strong potential for condo investors seeking stable rental income in a growing suburban market. With a focus on condos, investors benefit from lower entry costs compared to single-family homes. Average rents hold steady around key metrics like 6% rental yield and 7% cap rates. Annual appreciation near 2% supports long-term value growth. Renter-occupied units at 40% indicate consistent demand from commuters and families.
8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% with steady demand from renters. Low maintenance via HOAs appeals to investors. Appreciation supports long-term holds in this stable market.
Find Your Perfect Investment Property in Covington, Louisiana
Explore investment opportunities by strategy, performance, or property type
