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
8.2%
Avg Cash on Cash
4%
Median Cashflow
$354/mo
Avg Rent Estimate
$3,228/mo
Avg Price
$342,150
Price Range
$195,200 - $665,000
Rent to Price
0.94%
okay 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 $354/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 $354 with average furnished rent estimates of $3,228/month. These figures reflect real property data, not projections.
153 Penn Mill Lakes Blvd, Covington, LA 70435
Price
$231,100
Rent
$2,896
CachFlow
$495
CoC
8.93
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $354/month indicates most investors cover expenses
- •8.2% median cap rate places Covington, LA among higher-yielding markets nationwide
- •74% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $195,200 to $665,000
- •Ideal for investors building a portfolio of income-producing properties