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
-$1,122/mo
Avg Rent Estimate
$5,744/mo
Avg Price
$878,050
Price Range
$650,000 - $1,195,000
Rent to Price
0.65%
low ratio
Positive Cashflow
17%
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 -$1,122 with average furnished rent estimates of $5,744/month. These figures reflect real property data, not projections.
1045 N Azusa Ave Trailer 211, Covina, CA 91722
Price
$195,000
Rent
$3,969
CachFlow
$1,508
CoC
30.7
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 -$1,122/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, Covina, CA requires selective property picks
- •Premium market with properties from $650,000 to $1,195,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs