Townhouse Investment Properties for Sale in Covington, LA
519- 3 Bed
- 3 Bath
- 1484 sft
620- 3 Bed
- 3 Bath
- 1484 sft
689- 3 Bed
- 3 Bath
- 1356 sft
462- 2 Bed
- 2 Bath
- 898 sft
Why Invest in Covington, Louisiana?
Covington, Louisiana offers compelling opportunities for townhouse investors seeking steady rental demand in a growing suburban market. The area benefits from proximity to New Orleans while maintaining lower entry costs than urban centers. With median listing prices around $245,000, townhouses provide accessible cap rates and strong cash flow potential. The region's population growth and workforce expansion support consistent tenant demand and appreciation trends.
Frequently Asked Questions
Townhouses in Covington typically generate rental yields of 5-6% annually, with average rents for 3-bedroom units around $1,200-$1,400 per month. Cap rates generally range from 6-7%, making the market attractive for cash flow-focused investors seeking moderate returns with stable tenant demand.
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