Covina, CA Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Covina, CA. Based on 10+ datapoints.
Covina, CA Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-7.8%
Median Cashflow
-$1,164/mo
Avg Rent Estimate
$5,905/mo
Avg Price
$986,858
Price Range
$650,000 - $1,658,900
Rent to Price
0.6%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Covina, CA
Covina, CA is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.3%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 10+ analyzed properties, Covina, CA mid-term rental investments show a median monthly cashflow of -$1,164 with average furnished rent estimates of $5,905/month. These figures reflect real property data, not projections.
2847 N Monte Verde Dr, Covina, CA 91724
Price
$1,658,900
Rent
$6,908
CachFlow
-$5,853
CoC
-19.17
Covina, CA Mid-Term Rental Market Insights
- •Median cashflow is -$1,164/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Covina, CA requires selective property picks
- •Premium market with properties from $650,000 to $1,658,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs