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
-10.9%
Median Cashflow
-$521/mo
Avg Rent Estimate
$1,818/mo
Avg Price
$283,797
Price Range
$150K – $400K
approximate
Rent to Price
0.64%
low ratio
Positive Cashflow
5%
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 -10.9% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 40+ analyzed properties, the median monthly cashflow in Covington, GA is -$521 with average rents of $1,818/month. Properties are priced about $150,000 to $400,000, offering entry points across multiple investment budgets.
Covington, GA Rental Market Insights
- Median cashflow is -$521/month — careful deal selection is essential here
- 4.5% median cap rate is typical of appreciation-focused markets
- At 5% positive cashflow rate, Covington, GA requires selective property picks
- Moderately priced market with properties priced about $150,000 to $400,000