Covington, LA Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Covington, LA. Based on 20+ datapoints.
Covington, LA Mid-Term Rental Investment Snapshot
Based on 20+ mid-term rental datapoints
Median Cap Rate
7.8%
Avg Cash on Cash
3.8%
Median Cashflow
$337/mo
Avg Rent Estimate
$3,259/mo
Avg Price
$310,914
Price Range
$195,200 - $485,700
Rent to Price
1.05%
strong ratio
Positive Cashflow
74%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Covington, LA
Covington, LA delivers consistent cashflow for mid-term rental investors. 74% of analyzed properties generate positive monthly cashflow, with a median of $337/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 20+ analyzed properties, Covington, LA mid-term rental investments show a median monthly cashflow of $337 with average furnished rent estimates of $3,259/month. These figures reflect real property data, not projections.
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $337/month indicates most investors cover expenses
- •7.8% median cap rate reflects a balanced risk-return profile
- •74% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $195,200 to $485,700
- •Ideal for investors building a portfolio of income-producing properties