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 30+ datapoints.
Covington, GA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-9.9%
Median Cashflow
-$521/mo
Avg Rent Estimate
$1,860/mo
Avg Price
$298,046
Price Range
$217,700 - $427,700
Rent to Price
0.62%
low ratio
Positive Cashflow
0%
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 30+ analyzed datapoints. A median 4.5% cap rate combined with -9.9% 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 30+ analyzed properties, the median monthly cashflow in Covington, GA is -$521 with average rents of $1,860/month. Properties range from $217,700 to $427,700, 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 0% positive cashflow rate, Covington, GA requires selective property picks
- •Mid-to-upper tier market with properties from $217,700 to $427,700