Is West Covina, CA a good place to invest in rental property?

West Covina, CA has a median modeled monthly cash flow of $-2,712 and a median cap rate of 2.4%, on a median sold price of $847,500. Prices changed -0.7% year over year.

What is the average cap rate in West Covina, CA?

The median cap rate across recently sold homes in West Covina, CA is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Covina, CA?

The median sold price in West Covina, CA is $847,500 (about $526 per square foot).

Investing in West Covina, CA Real Estate

A data-driven snapshot of the West Covina, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$847,500Median sold price

$526Median $/sqft

2.4%Median cap rate

$-2,712Modeled cash flow / mo

-0.7%Appreciation YoY

5.6Months of supply

215Active listings

464Sold (last 12 mo)

What the West Covina numbers say

In West Covina, CA, the median home sold for $847,500 (about $526 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,712 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 5.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See West Covina cash-flowing listings

CashFlowRE ranks every for-sale home in West Covina, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen West Covina deals, or browse the national market data.