Covington, GA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Covington, GA. Based on 10+ datapoints.
Covington, GA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
5%
Avg Cash on Cash
-4.9%
Median Cashflow
-$368/mo
Avg Rent Estimate
$3,114/mo
Avg Price
$313,000
Price Range
$254,200 - $452,800
Rent to Price
0.99%
okay ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Covington, GA
Covington, GA is an emerging short-term rental market with growing investor interest. With 10+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at -4.9%.
Across 10+ analyzed properties, Covington, GA STR investments show a median monthly cashflow of -$368 with an average estimated nightly-rate-adjusted revenue of $3,114/month. These figures reflect real property data, not projections.
1903 Old Concord Dr SE, Covington, GA 30016
Price
$315,000
Rent
$2,519
CachFlow
-$524
CoC
-7.47
Covington, GA Airbnb Market Insights
- •Median cashflow is -$368/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
- •Mid-to-upper tier market with properties from $254,200 to $452,800
- •Early-stage market data — revisit as more properties are analyzed for stronger signals