FEATURES:
Brick construction 3-bed, 2-bath, 1,223 sq ft ranch-style home built in 1982 sitting on just over half an acre in Covington, GA with no HOA. The roof was replaced four years ago so that’s one major ticket item already off the table. What’s left is a full cosmetic rehab — interior paint, bathrooms, kitchen remodel, and an HVAC replacement — the kind of straightforward scope that keeps a project on schedule and the budget predictable.
At $109,990, there’s real room to work here against a $240,000 ARV. Even with a full rehab budget factored in, the spread leaves meaningful margin. The .61 acre lot gives the property a little extra curb appeal and breathing room that tends to resonate with buyers in this price range, and cosmetically updated homes in the Covington market have been moving well as the area continues to attract buyers priced out of metro Atlanta.
Newton County and the broader Covington corridor have seen consistent buyer demand driven by relative affordability and improving infrastructure, making this a sensible flip target for anyone
COMPS:
11953 Brown Bridge Rd, Covington, GA 30016: ACTIVE 7 DOM for $256K
—> 3/2 1436 sqft.
11889 Brown Bridge Rd, Covington, GA 30016: Closed for $235k 04/2026
—> 4/2 1400 sqft. Additional room and square footage from enclosing carport. Dated but nice.
12042 Brown Bridge RdCovington, GA 30016: Closed for $250k 08/2025
—> 4/2 1600sqft. Updated.