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 15+ datapoints.
Covington, LA Mid-Term Rental Investment Snapshot
Based on 15+ mid-term rental datapoints
Median Cap Rate
7.7%
Avg Cash on Cash
2%
Median Cashflow
$410/mo
Avg Rent Estimate
$3,289/mo
Avg Price
$402,288
Price Range
$160,700 - $872,100
Rent to Price
0.82%
okay ratio
Positive Cashflow
86%
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. 86% of analyzed properties generate positive monthly cashflow, with a median of $410/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 15+ analyzed properties, Covington, LA mid-term rental investments show a median monthly cashflow of $410 with average furnished rent estimates of $3,289/month. These figures reflect real property data, not projections.
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $410/month indicates most investors cover expenses
- •7.7% median cap rate reflects a balanced risk-return profile
- •86% of analyzed properties cash-flow positive — high probability of finding a deal
- •Premium market with properties from $160,700 to $872,100
- •Ideal for investors building a portfolio of income-producing properties