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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Covelo, CA
Listed for sale 2 days ago
$ 114,000
ROI
25.9
Cash Flow/m
194- 2 Bed
- 2 Bath
- 2600 sft
36700 Mendocino Pass Road, Covelo, CA, 95428
Listed for sale 3 days ago
$ 399,000
ROI
26.3Cash Flow/m
729- 3 Bed
- 3 Bath
- 1700 sft
23175 Biggar Lane, Covelo, CA, 95428
$ 149,000
ROI
26.0Cash Flow/m
260- 1 Bed
- 1 Bath
- 400 sft
78621 Mina Road, Covelo, CA, 95428
$ 149,000
ROI
25.4Cash Flow/m
235- 1 Bed
- - Bath
- 1000 sft
78577 Mina Road, Covelo, CA, 95428
Why Invest in Covelo, California?
Investing in real estate in Covelo, CA can be a great opportunity, especially for those looking for affordable properties with strong rental demand. The region boasts a blend of scenic beauty and growing community resources that attract both residents and tourists. Investors can benefit from favorable market conditions, including a competitive cap rate and promising appreciation rates.
8.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental market in Covelo, CA is quite favorable, with growing rental rates and low vacancy rates, making it a good area for real estate investment.
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