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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Covington, LA
Listed for sale 1 day ago
$ 397,330
ROI
21.5
Cash Flow/m
198- 4 Bed
- 3 Bath
- 2811 sft
1224 Barrington Dr, Covington, LA, 70435
Listed for sale 1 day ago
$ 200,000
ROI
21.6Cash Flow/m
104- 3 Bed
- 2 Bath
- 1564 sft
70325 L St, Covington, LA, 70433
Listed for sale 2 days ago
$ 459,000
ROI
22.1Cash Flow/m
296- 3 Bed
- 2 Bath
- 2554 sft
81170 Section Rd, Covington, LA, 70435
Listed for sale 3 days ago
$ 185,000
ROI
24.6Cash Flow/m
251- 3 Bed
- 2 Bath
- 1182 sft
70412 1st St, Covington, LA, 70433
Why Invest in Covington, Louisiana?
Covington, LA offers **high ROI** opportunities for savvy investors seeking strong cash flow properties. With stable home values around $310K and modest appreciation, single-family rentals deliver reliable returns. Average rents support rental yields near 6%, bolstered by growing renter demand in this suburban market. Low vacancy and proximity to New Orleans enhance long-term appreciation potential. Cap rates hover at 7-8% for well-located high cash flow investments.
9.5%
Avg. ROI
6.2%
Rental Yield
7.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
0.7%
1Y Appreciation
Frequently Asked Questions
Stable $310K home values pair with $1950 avg rents for 6% yields and positive cash flow. Low 5% vacancy and job growth sustain demand. Proximity to New Orleans adds appreciation upside.
Find Your Perfect Investment Property in Covington, Louisiana
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