West Covina, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in West Covina, CA. Based on 20+ datapoints.
West Covina, CA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
2.3%
Avg Cash on Cash
-19.6%
Median Cashflow
-$2,826/mo
Avg Rent Estimate
$3,489/mo
Avg Price
$813,810
Price Range
$650K – $1M
approximate
Rent to Price
0.43%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in West Covina, CA
West Covina, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.3%, 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 20+ analyzed properties, the median monthly cashflow in West Covina, CA is -$2,826 with average rents of $3,489/month. Properties are priced about $650,000 to $1,000,000, offering entry points across multiple investment budgets.
1940 S Broadmoor Ave, West Covina, CA 91790
Price
$791,300
Rent
$3,828
CachFlow
-$2,595
CoC
-18.74
1222 E Elgenia Ave, West Covina, CA 91790
Price
$749,999
Rent
$3,101
CachFlow
-$2,825
CoC
-21.52
1049 E Walnut Creek Pkwy, West Covina, CA 91790
Price
$800,000
Rent
$3,492
CachFlow
-$2,862
CoC
-20.44
1320 W Farlington St, West Covina, CA 91790
Price
$798,000
Rent
$3,048
CachFlow
-$3,153
CoC
-22.58
West Covina, CA Rental Market Insights
- Median cashflow is -$2,826/month — careful deal selection is essential here
- 2.3% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, West Covina, CA requires selective property picks
- Premium market with properties priced about $650,000 to $1,000,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs