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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Covina, CA
Listed for sale 3 days ago
$ 179,900
ROI
25.0
Cash Flow/m
262- 3 Bed
- 2 Bath
- 1040 sft
1045 N Azusa Ave Trailer 63, Covina, CA, 91722
Listed for sale 7 days ago
$ 145,000
ROI
26.1Cash Flow/m
256- 3 Bed
- 2 Bath
- 960 sft
716 N Grand Ave Trlr A7, Covina, CA, 91724
$ 224,900
ROI
23.1Cash Flow/m
211- 3 Bed
- 2 Bath
- 1296 sft
1380 N Citrus Ave Trailer H15, Covina, CA, 91722
$ 150,000
ROI
26.0Cash Flow/m
260- 2 Bed
- 2 Bath
- 705 sft
716 N Grand Ave Trailer L2, Covina, CA, 91724
Why Invest in Covina, California?
Covina, CA, presents exciting investment opportunities with homes priced under $500k, making it accessible for many investors. The region showcases a strong rental market, with an average rental yield of 5% and an appreciation rate of 4% over the last year. With significant job growth and ongoing developments, Covina's real estate market promises potential for high cash flow.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Covina is approximately $2,500, making it a competitive market for both renters and investors.
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