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 10+ datapoints.
Covington, GA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5%
Avg Cash on Cash
-7.2%
Median Cashflow
-$300/mo
Avg Rent Estimate
$1,805/mo
Avg Price
$271,664
Price Range
$224,000 - $329,800
Rent to Price
0.66%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Covington, GA
Covington, GA is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Covington, GA is -$300 with average rents of $1,805/month. Properties range from $224,000 to $329,800, offering entry points across multiple investment budgets.
Covington, GA Rental Market Insights
- •Median cashflow is -$300/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 0% positive cashflow rate, Covington, GA requires selective property picks
- •Moderately priced market with properties from $224,000 to $329,800
- •Early-stage market data — revisit as more properties are analyzed for stronger signals