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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Covina, CA
$ 453,000
ROI
24.1
Cash Flow/m
547- 3 Bed
- 2 Bath
- 1287 sft
454 W Front St, Covina, CA, 91723
$ 605,000
ROI
25.3Cash Flow/m
866- 3 Bed
- 3 Bath
- 1303 sft
1419 W San Bernardino Rd APT F, Covina, CA, 91722
$ 825,000
ROI
22.8Cash Flow/m
620- 3 Bed
- 3 Bath
- 2070 sft
489 Fairlane Way, Covina, CA, 91723
$ 510,000
ROI
25.1Cash Flow/m
709- 2 Bed
- 2 Bath
- 986 sft
2057 E Greenhaven St, Covina, CA, 91724
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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