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
8.4%
Avg Cash on Cash
5.8%
Median Cashflow
$358/mo
Avg Rent Estimate
$3,134/mo
Avg Price
$282,695
Price Range
$110,000 - $485,700
Rent to Price
1.11%
strong ratio
Positive Cashflow
90%
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. 90% of analyzed properties generate positive monthly cashflow, with a median of $358/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 $358 with average furnished rent estimates of $3,134/month. These figures reflect real property data, not projections.
Covington, LA Mid-Term Rental Market Insights
- •Positive median cashflow of $358/month indicates most investors cover expenses
- •8.4% median cap rate places Covington, LA among higher-yielding markets nationwide
- •90% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $110,000 to $485,700
- •Ideal for investors building a portfolio of income-producing properties