Covington, LA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Covington, LA. Based on 10+ datapoints.
Covington, LA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-10.2%
Median Cashflow
-$661/mo
Avg Rent Estimate
$2,763/mo
Avg Price
$494,855
Price Range
$222,500 - $1,095,000
Rent to Price
0.56%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Covington, LA
Covington, LA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.9%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Covington, LA STR investments show a median monthly cashflow of -$661 with an average estimated nightly-rate-adjusted revenue of $2,763/month. These figures reflect real property data, not projections.
Covington, LA Airbnb Market Insights
- •Median cashflow is -$661/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Covington, LA requires selective property picks
- •Premium market with properties from $222,500 to $1,095,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs