Condo Investment Properties for Sale in Covina, CA
$ 465,000
ROI
22.6
Cash Flow/m
368- 2 Bed
- 2 Bath
- 964 sft
20963 E Covina Blvd APT B, Covina, CA, 91724
$ 360,000
ROI
21.8Cash Flow/m
203- 1 Bed
- 1 Bath
- 780 sft
4900 N Grand Ave APT 127, Covina, CA, 91724
$ 659,900
ROI
20.2Cash Flow/m
20- 3 Bed
- 4 Bath
- 1560 sft
709 Cara Cara Ln, Covina, CA, 91723
$ 635,000
ROI
20.7Cash Flow/m
107- 3 Bed
- 3 Bath
- 1310 sft
660 Sunrise St, Covina, CA, 91723
Why Invest in Covina, California?
Investing in Condos in Covina, CA, presents a unique opportunity for real estate investors. With a strong rental market, the average rental yield stands at an impressive 6%, while property appreciation is estimated at 4% annually. The vacancy rate is relatively low at 5%, making it a promising area for consistent cash flow.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$500/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Covina, CA, is approximately $2,200 per month.
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