Covington, GA Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Covington, GA. Based on 50+ datapoints.
Covington, GA Mid-Term Rental Investment Snapshot
Based on 50+ mid-term rental datapoints
Median Cap Rate
6.9%
Avg Cash on Cash
0.3%
Median Cashflow
$88/mo
Avg Rent Estimate
$2,838/mo
Avg Price
$296,719
Price Range
$218,500 - $415,200
Rent to Price
0.96%
okay ratio
Positive Cashflow
60%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Covington, GA
Covington, GA presents a balanced mid-term rental profile across 50+ analyzed datapoints. A median 6.9% cap rate combined with 0.3% average cash-on-cash returns make this a solid market for investors blending furnished-rental yield with the operational simplicity of monthly stays at a mid-to-upper tier price point.
Across 50+ analyzed properties, Covington, GA mid-term rental investments show a median monthly cashflow of $88 with average furnished rent estimates of $2,838/month. These figures reflect real property data, not projections.
Covington, GA Mid-Term Rental Market Insights
- •Positive median cashflow of $88/month indicates most investors cover expenses
- •6.9% median cap rate reflects a balanced risk-return profile
- •60% positive cashflow rate means roughly half properties are cash-flow positive
- •Mid-to-upper tier market with properties from $218,500 to $415,200