Single Family Investment Properties for Sale in Covelo, CA
Listed for sale 4 days ago
$ 375,000
ROI
25.6
Cash Flow/m
609- 3 Bed
- 2 Bath
- 1500 sft
3100 Eel River Ranch Road, Covelo, CA, 95428
$ 399,000
ROI
26.3Cash Flow/m
729- 3 Bed
- 3 Bath
- 1700 sft
23175 Biggar Lane, Covelo, CA, 95428
$ 114,000
ROI
24.9Cash Flow/m
164- 2 Bed
- 2 Bath
- 2600 sft
36700 Mendocino Pass 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 single-family homes in Covelo, CA can provide favorable opportunities, especially with a strong rental demand. The area’s charm and community-oriented environment can lead to stable rental yields and a meaningful appreciation over time. With a growing economy supported by tourism and local employment, property values may rise, delivering a sound investment.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in Covelo, CA is approximately $1,500 per month. This reflects the local market's current demand and rental rate trends.
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