Covina, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Covina, CA. Based on 10+ datapoints.
Covina, CA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-18%
Median Cashflow
-$2,714/mo
Avg Rent Estimate
$3,865/mo
Avg Price
$874,336
Price Range
$678,000 - $1,135,000
Rent to Price
0.44%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Covina, CA
Covina, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.6%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Covina, CA is -$2,714 with average rents of $3,865/month. Properties range from $678,000 to $1,135,000, offering entry points across multiple investment budgets.
3412 N San Joaquin Rd, Covina, CA 91724
Price
$1,135,000
Rent
$4,420
CachFlow
-$4,531
CoC
-22.81
Covina, CA Rental Market Insights
- •Median cashflow is -$2,714/month — careful deal selection is essential here
- •2.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Covina, CA requires selective property picks
- •Premium market with properties from $678,000 to $1,135,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs