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 15+ datapoints.
West Covina, CA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-16.5%
Median Cashflow
-$2,387/mo
Avg Rent Estimate
$3,628/mo
Avg Price
$839,543
Price Range
$690,900 - $1,042,300
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 2.6%, 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 15+ analyzed properties, the median monthly cashflow in West Covina, CA is -$2,387 with average rents of $3,628/month. Properties range from $690,900 to $1,042,300, offering entry points across multiple investment budgets.
1033 E Michelle St, West Covina, CA 91790
Price
$769,000
Rent
$3,272
CachFlow
-$2,387
CoC
-17.74
1307 E McWood St, West Covina, CA 91790
Price
$1,042,300
Rent
$3,797
CachFlow
-$3,623
CoC
-19.86
1106 S Evanwood Ave, West Covina, CA 91790
Price
$690,900
Rent
$3,569
CachFlow
-$1,413
CoC
-11.69
848 S Del Cerro Dr, West Covina, CA 91791
Price
$1,271,200
Rent
$4,122
CachFlow
-$3,930
CoC
-17.67
West Covina, CA Rental Market Insights
- •Median cashflow is -$2,387/month — careful deal selection is essential here
- •2.6% 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 from $690,900 to $1,042,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs