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
4.9%
Avg Cash on Cash
-8.2%
Median Cashflow
-$322/mo
Avg Rent Estimate
$1,870/mo
Avg Price
$280,966
Price Range
$218,500 - $379,000
Rent to Price
0.67%
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 40+ analyzed datapoints. A median 4.9% cap rate combined with -8.2% 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 -$322 with average rents of $1,870/month. Properties range from $218,500 to $379,000, offering entry points across multiple investment budgets.
3651 Kraddle Creek Dr, Covington, GA 30014
Price
$452,100
Rent
$2,119
CachFlow
-$1,336
CoC
-16.89
Covington, GA Rental Market Insights
- •Median cashflow is -$322/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Covington, GA requires selective property picks
- •Moderately priced market with properties from $218,500 to $379,000