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
7.7%
Avg Cash on Cash
3.8%
Median Cashflow
$405/mo
Avg Rent Estimate
$3,285/mo
Avg Price
$315,864
Price Range
$160,700 - $501,400
Rent to Price
1.04%
strong ratio
Positive Cashflow
80%
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. 80% of analyzed properties generate positive monthly cashflow, with a median of $405/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 $405 with average furnished rent estimates of $3,285/month. These figures reflect real property data, not projections.
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $405/month indicates most investors cover expenses
- •7.7% median cap rate reflects a balanced risk-return profile
- •80% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $160,700 to $501,400
- •Ideal for investors building a portfolio of income-producing properties