Covington, GA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Covington, GA. Based on 40+ datapoints.
Covington, GA Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-9.7%
Median Cashflow
-$494/mo
Avg Rent Estimate
$1,857/mo
Avg Price
$312,555
Price Range
$157,300 - $469,900
Rent to Price
0.59%
low ratio
Positive Cashflow
2%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Covington, GA
Covington, GA presents a balanced long-term rental investment profile across 40+ analyzed datapoints. A median 4.5% cap rate combined with -9.7% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 40+ analyzed properties, the median monthly cashflow in Covington, GA is -$494 with average rents of $1,857/month. Properties range from $157,300 to $469,900, offering entry points across multiple investment budgets.
150 Alcovy Crossing Dr, Covington, GA 30014
Price
$311,800
Rent
$1,711
CachFlow
-$676
CoC
-12.39
Covington, GA Rental Market Insights
- •Median cashflow is -$494/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 2% positive cashflow rate, Covington, GA requires selective property picks
- •Mid-to-upper tier market with properties from $157,300 to $469,900