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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Covina, CA
$ 680,990
ROI
21.9
Cash Flow/m
344- 3 Bed
- 2 Bath
- 1916 sft
Plan 7 Plan, Blossom, Covina, CA, 91722
$ 179,900
ROI
25.0Cash Flow/m
262- 3 Bed
- 2 Bath
- 1040 sft
1045 N Azusa Ave Trailer 63, Covina, CA, 91722
$ 694,990
ROI
22.0Cash Flow/m
370- 3 Bed
- 4 Bath
- 1650 sft
735 Marmalade Pl, Covina, CA, 91722
$ 694,990
ROI
22.3Cash Flow/m
428- 3 Bed
- 4 Bath
- 1650 sft
Plan 6 Plan, Blossom, Covina, CA, 91722
Why Invest in Covina, California?
Covina, CA presents a remarkable investment opportunity for those interested in multi-family properties. With a rental yield averaging around 5.2% and an attractive cap rate of 6.1%, investors can expect a solid return on investment. The city's average cash flow of $300 per month combined with the appreciation rate of 4% makes it a favorable market for rental properties.
8%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Covina, CA is approximately $2,200 per month, making it a competitive area for investment.
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