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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Covelo, CA
$ 299,900
ROI
22.1
Cash Flow/m
197- 2 Bed
- 2 Bath
- 1920 sft
27150 Mendocino Pass Road, Covelo, CA, 95428
$ 225,000
ROI
32.3Cash Flow/m
784- 2 Bed
- 1 Bath
- 968 sft
76350 Lovell Street, Covelo, CA, 95428
$ 169,000
ROI
26.0Cash Flow/m
292- 1 Bed
- 1 Bath
- 500 sft
73046 Hill Road, Covelo, CA, 95428
$ 229,000
ROI
28.5Cash Flow/m
556- 2 Bed
- 1 Bath
- 726 sft
24463 Shady Lane, Covelo, CA, 95428
Why Invest in Covelo, California?
Investing in Covelo, CA, offers unique opportunities, especially with properties under $300k. The average rental yield stands at a competitive rate, appealing to both new and seasoned investors. With the potential for steady appreciation in this serene setting, it’s an attractive option for long-term growth.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$500/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, providing strong returns for investors.
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