Investment Properties Under $500K in Covelo, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Covelo, CA

Property at 27150 Mendocino Pass Road, Covelo, CA
$ 299,900
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign197
  • 2 Bed
  • 2 Bath
  • 1920 sft
27150 Mendocino Pass Road, Covelo, CA, 95428
Property at 76350 Lovell Street, Covelo, CA
$ 225,000
ROI
32.3ROI percentage
Cash Flow/m
Dollar sign784
  • 2 Bed
  • 1 Bath
  • 968 sft
76350 Lovell Street, Covelo, CA, 95428
Property at 24850 East Lane, Covelo, CA
$ 375,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign309
  • 3 Bed
  • 2 Bath
  • 1017 sft
24850 East Lane, Covelo, CA, 95428
Property at 73046 Hill Road, Covelo, CA
$ 169,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign292
  • 1 Bed
  • 1 Bath
  • 500 sft
73046 Hill Road, Covelo, CA, 95428

Why Invest in Covelo, California?

Investing in Covelo offers opportunities to acquire properties for under $500k in a market with a steady demand for affordable housing. With an average rental yield of 7%, this area appeals to investors seeking high cash flow possibilities amidst a backdrop of scenic nature and a tight-knit community.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

In Covelo, you can find single-family homes, small multifamily units, and land parcels for development, all available for under $500k. This pricing appeals to both first-time buyers and seasoned investors alike.

Find Your Perfect Investment Property in Covelo, California

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