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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Covelo, CA
$ 200,000
ROI
21.8
Cash Flow/m
113- 2 Bed
- 1 Bath
- 1920 sft
35720 Mendocino Pass Road, Covelo, CA, 95428
$ 179,000
ROI
26.4Cash Flow/m
331- 2 Bed
- 1 Bath
- 1600 sft
80540 Mina Road, Covelo, CA, 95428
Fix & Flip
$ 109,999
ROI
25.2Cash Flow/m
168- 3 Bed
- 1 Bath
- 912 sft
76260 Perry St, Covelo, CA, 95428
$ 169,000
ROI
26.0Cash Flow/m
292- 1 Bed
- 1 Bath
- 500 sft
73046 Hill Road, Covelo, CA, 95428
Why Invest in Covelo, California?
Investing in properties under $200k in Covelo, California, can be an appealing opportunity due to its emerging market. With an average rental yield of 8%, the area shows significant potential for robust cash flow, making it suitable for both new and seasoned investors.
10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Covelo is approximately $1,200 per month, making it an attractive option for both renters and investors.
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