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
7.3%
Avg Cash on Cash
2.5%
Median Cashflow
$390/mo
Avg Rent Estimate
$3,415/mo
Avg Price
$342,621
Price Range
$160,700 - $746,500
Rent to Price
1%
strong ratio
Positive Cashflow
75%
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. 75% of analyzed properties generate positive monthly cashflow, with a median of $390/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 $390 with average furnished rent estimates of $3,415/month. These figures reflect real property data, not projections.
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $390/month indicates most investors cover expenses
- •7.3% median cap rate reflects a balanced risk-return profile
- •75% of analyzed properties cash-flow positive — high probability of finding a deal
- •Mid-to-upper tier market with properties from $160,700 to $746,500
- •Ideal for investors building a portfolio of income-producing properties