Covina, CA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Covina, CA. Based on 10+ datapoints.
Covina, CA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
2.4%
Avg Cash on Cash
-15.5%
Median Cashflow
-$2,502/mo
Avg Rent Estimate
$4,207/mo
Avg Price
$813,433
Price Range
$793,300 - $832,900
Rent to Price
0.52%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Covina, CA
Covina, CA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 2.4%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Covina, CA STR investments show a median monthly cashflow of -$2,502 with an average estimated nightly-rate-adjusted revenue of $4,207/month. These figures reflect real property data, not projections.
Covina, CA Airbnb Market Insights
- •Median cashflow is -$2,502/month — careful deal selection is essential here
- •2.4% 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 $793,300 to $832,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs