Real Estate Investment Properties for Sale in Covina, CA

Looking for investment property in Covina, CA with high ROI ?

Explore a variety of short-term homes & houses in Covina, CA. Invest wisely with VRBO & Covina, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Covina, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
216 W Merlot Drive Covina, CA Charming 2-Bed, 2.5-Bath Condo in Prime Covina Location! Step into this light-filled to...	2 beds \| 2 baths \| 1,340 sq.ft.	$580,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.81% Airbnb Rental Income: $2288 Traditional Rental Income: $3418 Airbnb ROI: 0.67% Traditional ROI: 3.81%
5038 N Greer Avenue Covina, CA Welcome to this wonderful single story home located in a quiet neighborhood in a highly de...	3 beds \| 1 baths \| 1,230 sq.ft.	$780,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.03% Airbnb Rental Income: $2053 Traditional Rental Income: $3574 Airbnb ROI: 0.21% Traditional ROI: 3.03%
768 S Barranca Avenue Covina, CA Huge Deduction!!! Big lot, plenty of room for ADU and Junior ADU. Newly remodeled home, al...	3 beds \| 2 baths \| 1,551 sq.ft.	$799,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.62% Airbnb Rental Income: $2053 Traditional Rental Income: $4091 Airbnb ROI: 0.16% Traditional ROI: 3.62%
565 E Benbow Street Covina, CA Beautiful home in a great neighborhood. Convenient access to both 10 & 210 freeways. Centr...	4 beds \| 2 baths \| 1,514 sq.ft.	$890,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.54% Airbnb Rental Income: $1509 Traditional Rental Income: $3391 Airbnb ROI: -0.27% Traditional ROI: 2.54%
4900 N Grand Avenue #342 Covina, CA Price reduced / Seller motivated / Must see Beautiful 2 bedroom, 2 bath, 981 sq. ft. uni...	2 beds \| 2 baths \| 981 sq.ft.	$497,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.93% Airbnb Rental Income: $2288 Traditional Rental Income: $2596 Airbnb ROI: 1.04% Traditional ROI: 2.93%
20232 E Arrow #A Covina, CA HUGE PRICE DROP!!!Charming & Upgraded 3-Bedroom, 2.5-Bathroom Home at 20232 E. Arrow #A Hi...	3 beds \| 3 baths \| 1,257 sq.ft.	$550,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.47% Airbnb Rental Income: $2053 Traditional Rental Income: $3035 Airbnb ROI: 0.52% Traditional ROI: 3.47%
554 N Cabernet Drive Covina, CA Price reduced again!! Seller found a replacement property. Modern tri-level Townhouse boas...	3 beds \| 4 baths \| 1,620 sq.ft.	$683,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.01% Airbnb Rental Income: $2053 Traditional Rental Income: $4042 Airbnb ROI: 0.06% Traditional ROI: 4.01%
4900 N Grand Avenue #104 Covina, CA Welcome to the Stonebridge Community in Covina! This well-maintained condo offers two spa...	2 beds \| 2 baths \| 1,300 sq.ft.	$521,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.55% Airbnb Rental Income: $2288 Traditional Rental Income: $3171 Airbnb ROI: 0.57% Traditional ROI: 3.55%
20963 E Covina Boulevard #E Covina, CA Welcome to beautiful Covina, California! This charming two-story condo offers 2 bedrooms, ...	2 beds \| 2 baths \| 979 sq.ft.	$429,998	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.11% Airbnb Rental Income: $2288 Traditional Rental Income: $2407 Airbnb ROI: 1.4% Traditional ROI: 3.11%
675 N Lark Ellen Avenue Covina, CA We are proud to present a beautifully maintained 2-story townhouse in a desirable Covina c...	2 beds \| 2 baths \| 1,374 sq.ft.	$609,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.77% Airbnb Rental Income: $2288 Traditional Rental Income: $3141 Airbnb ROI: 0.27% Traditional ROI: 2.77%
912 N Prospero Drive Covina, CA Located in Covinaâs highly coveted South Hills High School district, this beautifully co...	3 beds \| 1 baths \| 1,551 sq.ft.	$799,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.48% Airbnb Rental Income: $2053 Traditional Rental Income: $3247 Airbnb ROI: 0.16% Traditional ROI: 2.48%
1158 N Ivescrest Avenue Covina, CA Stylish Single-Story with Pool in Covinaâs Charter Oak! Welcome to this beautifully r...	4 beds \| 2 baths \| 1,906 sq.ft.	$919,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.97% Airbnb Rental Income: $1509 Traditional Rental Income: $4991 Airbnb ROI: -0.61% Traditional ROI: 3.97%
1571 E Palm Covina, CA Location, Location, Location. Welcome to this beautiful cul-de-sac home. Solar panels are ...	4 beds \| 2 baths \| 2,037 sq.ft.	$1,080,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.62% Airbnb Rental Income: $1509 Traditional Rental Income: $4484 Airbnb ROI: -0.78% Traditional ROI: 2.62%
19837 E Cienega Avenue Covina, CA Welcome to 19837 E Cienega Avenue! This beautifully updated single level 3 bedroom, 2 bath...	3 beds \| 2 baths \| 1,229 sq.ft.	$850,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.95% Airbnb Rental Income: $2053 Traditional Rental Income: $3335 Airbnb ROI: 0.66% Traditional ROI: 2.95%
4739 N Conwell Avenue Covina, CA Back on the market! HUD Home! Welcome to 4739 Conwell Avenue in the heart of Covina! This ...	4 beds \| 2 baths \| 1,196 sq.ft.	$750,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.16% Airbnb Rental Income: $1509 Traditional Rental Income: $3821 Airbnb ROI: 0.22% Traditional ROI: 4.16%
21127 E Cypress Street Covina, CA Welcome to a beautiful single-story home located in a quiet Covina neighborhood within the...	4 beds \| 1 baths \| 1,480 sq.ft.	$850,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.37% Airbnb Rental Income: $1509 Traditional Rental Income: $3362 Airbnb ROI: -0.52% Traditional ROI: 2.37%
217 W Alcross Street Covina, CA Stunning, fully renovated single-story pool home in a prime Covina location! This 4-bedroo...	4 beds \| 2 baths \| 1,144 sq.ft.	$789,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 1.87% Airbnb Rental Income: $1509 Traditional Rental Income: $2515 Airbnb ROI: -0.1% Traditional ROI: 1.87%
19555 East Cypress Street #P Covina, CA This renovated 3-bedroom condo has beautiful fixtures & finishes, along with lots of stora...	3 beds \| 2 baths \| 1,271 sq.ft.	$575,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.05% Airbnb Rental Income: $2053 Traditional Rental Income: $2997 Airbnb ROI: 0.3% Traditional ROI: 3.05%
229 Scratch Rd Covina, CA Welcome to this stunning modern tri-level townhouse built in 2023, ideally located in the ...	3 beds \| 3 baths \| 1,573 sq.ft.	$715,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.74% Airbnb Rental Income: $2053 Traditional Rental Income: $3334 Airbnb ROI: 0.02% Traditional ROI: 2.74%
5035 Greer Avenue Covina, CA Location! Location! Location! Welcome to your next chapter in the heart of Covina! This wa...	4 beds \| 2 baths \| 1,230 sq.ft.	$825,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.28% Airbnb Rental Income: $1509 Traditional Rental Income: $3212 Airbnb ROI: -0.51% Traditional ROI: 2.28%
759 S Briargate Lane Covina, CA Settled in one of Covinaâs most desirable communities! This beautifully updated 3-bedroo...	3 beds \| 2 baths \| 1,880 sq.ft.	$944,688	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.14% Airbnb Rental Income: $2053 Traditional Rental Income: $4396 Airbnb ROI: -0.13% Traditional ROI: 3.14%
2333 N Coronet Court Covina, CA VIEW VIEW VIEW!! This private gated home offers ONE OF THE BEST VIEWS in the neighborhood....	4 beds \| 3 baths \| 3,601 sq.ft.	$1,999,999	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.44% Airbnb Rental Income: $1509 Traditional Rental Income: $6018 Airbnb ROI: -1.23% Traditional ROI: 1.44%
16150 E Queenside Drive Covina, CA Spacious single level home features four bedrooms, two bathrooms (please note: bathroom lo...	4 beds \| 1 baths \| 1,418 sq.ft.	$680,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.28% Airbnb Rental Income: $1509 Traditional Rental Income: $3411 Airbnb ROI: -0.42% Traditional ROI: 3.28%
836 Lexi Lane #74 Covina, CA Melia Homes is proud to introduce Cadence, our newest community in Covina, California, whe...	2 beds \| 2 baths \| 1,496 sq.ft.	$724,800	Airbnb cash on cash: -3.98% Traditional cash on cash: -0.71% Airbnb Rental Income: $2288 Traditional Rental Income: $3928 Airbnb ROI: -3.98% Traditional ROI: -0.71%
662 Calamansi Drive Covina, CA Donât miss your chance to own this stunning model homeâmove-in ready and packed with u...	1 beds \| 2 baths \| 935 sq.ft.	$549,990	Airbnb cash on cash: -1.29% Traditional cash on cash: 3.19% Airbnb Rental Income: $942 Traditional Rental Income: $2901 Airbnb ROI: -1.29% Traditional ROI: 3.19%
658 Calamansi Drive Covina, CA This home offers a prime location with direct access to Kelby Park and is within walking d...	3 beds \| 3 baths \| 1,629 sq.ft.	$688,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.1% Airbnb Rental Income: $2053 Traditional Rental Income: $4119 Airbnb ROI: 0.06% Traditional ROI: 4.1%
832 Lexi Lane Covina, CA Melia Homes is proud to introduce Cadence, our newest community in Covina, California, whe...	2 beds \| 2 baths \| 1,290 sq.ft.	$599,000	Airbnb cash on cash: -4.6% Traditional cash on cash: -1.34% Airbnb Rental Income: $2288 Traditional Rental Income: $3540 Airbnb ROI: -4.6% Traditional ROI: -1.34%
838 Lexi Lane Covina, CA Welcome to Cadence by Melia HomesâCovinaâs newest community where modern living meets ...	3 beds \| 2 baths \| 1,628 sq.ft.	$704,900	Airbnb cash on cash: -4.36% Traditional cash on cash: -0.61% Airbnb Rental Income: $2053 Traditional Rental Income: $3988 Airbnb ROI: -4.36% Traditional ROI: -0.61%
20896 Oak View Court Covina, CA Stunning New Build with Breathtaking City Views â Ready in 2026! Welcome to the luxur...	4 beds \| 4 baths \| 3,630 sq.ft.	$3,100,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.13% Airbnb Rental Income: $1509 Traditional Rental Income: $6720 Airbnb ROI: -0.83% Traditional ROI: 1.13%
125 Dove Lndg Covina, CA Beautiful newer-built tri-level townhome in the highly sought-after Stafford Place Communi...	3 beds \| 3 baths \| 1,603 sq.ft.	$725,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.5% Airbnb Rental Income: $2053 Traditional Rental Income: $4001 Airbnb ROI: -0.17% Traditional ROI: 3.5%
18565 E Gallarno Drive Covina, CA Buyers! More Price reduction!$79,000! Home advantage qualify property. Property offers exc...	4 beds \| 1 baths \| 1,969 sq.ft.	$820,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.58% Airbnb Rental Income: $1509 Traditional Rental Income: $4668 Airbnb ROI: -0.13% Traditional ROI: 4.58%
577 S Albertson Avenue Covina, CA Pride of Ownership! This beautifully updated home offers over 1,900 sq. ft. of inviting li...	3 beds \| 2 baths \| 1,940 sq.ft.	$899,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.93% Airbnb Rental Income: $2053 Traditional Rental Income: $4570 Airbnb ROI: 0.29% Traditional ROI: 3.93%
4810 N Vincent Avenue Covina, CA NEW PRICE $236,789 FOR 38 UNITS (does not include 2 non-conforming units). CALL or EMAIL F...	N/A beds \| N/A baths \| 26,969 sq.ft.	$8,998,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -1.63% Airbnb Rental Income: $2053 Traditional Rental Income: $2767 Airbnb ROI: -1.47% Traditional ROI: -1.63%
19921 Rambling Road Covina, CA Welcome to Rambling Roadhouse-a Beautifully upgraded Pool Home, Front Porch, 3 Bedrooms, 2...	3 beds \| 2 baths \| 1,727 sq.ft.	$1,200,000	Airbnb cash on cash: 0% Traditional cash on cash: 2.43% Airbnb Rental Income: $2053 Traditional Rental Income: $4237 Airbnb ROI: 0% Traditional ROI: 2.43%
1954 E Covina Boulevard Covina, CA Single-level corner unit located in a well-maintained Covina community. This 2-bedroom, 2-...	2 beds \| 2 baths \| 978 sq.ft.	$569,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.49% Airbnb Rental Income: $2288 Traditional Rental Income: $2831 Airbnb ROI: 0.4% Traditional ROI: 2.49%
1853 E RENSHAW Street Covina, CA RARE FIND!! LARGE SINGLE STORY HOME WITH GUEST HOUSE LOCATED IN A NICE AREA OF COVINA THAT...	4 beds \| 1 baths \| 2,670 sq.ft.	$1,299,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.45% Airbnb Rental Income: $1509 Traditional Rental Income: $4485 Airbnb ROI: -0.38% Traditional ROI: 2.45%

Real Estate investment in Covina, CA

There are 107 properties for sale in the city of Covina . The median list price in Covina is $745,000 and the average price per square foot is $415. In December 2025, the average monthly cash on cash return in Covina is 3.00%. The average monthly rental income in Covina is $3,446.

Covina, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 107 investment properties available for sale in Covina.

In 2025, the best neighborhood to buy investment property is Covina.

The ROI for Short-Term is higher than the Long-Term in Covina with average rental income of $2,053.

Your search for investment property begins and ends here

Investment Property for Sale in Covina, CA

216 W Merlot Drive

Covina, CA

2 beds | 2 baths | 1,340 sq.ft.

$580,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $2288

Traditional Rental Income: $3418

Airbnb ROI: 0.67%

Traditional ROI: 3.81%

5038 N Greer Avenue

Covina, CA

3 beds | 1 baths | 1,230 sq.ft.

$780,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $2053

Traditional Rental Income: $3574

Airbnb ROI: 0.21%

Traditional ROI: 3.03%

768 S Barranca Avenue

Covina, CA

3 beds | 2 baths | 1,551 sq.ft.

$799,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $2053

Traditional Rental Income: $4091

Airbnb ROI: 0.16%

Traditional ROI: 3.62%

565 E Benbow Street

Covina, CA

4 beds | 2 baths | 1,514 sq.ft.

$890,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1509

Traditional Rental Income: $3391

Airbnb ROI: -0.27%

Traditional ROI: 2.54%

4900 N Grand Avenue #342

Covina, CA

2 beds | 2 baths | 981 sq.ft.

$497,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $2288

Traditional Rental Income: $2596

Airbnb ROI: 1.04%

Traditional ROI: 2.93%

20232 E Arrow #A

Covina, CA

3 beds | 3 baths | 1,257 sq.ft.

$550,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $2053

Traditional Rental Income: $3035

Airbnb ROI: 0.52%

Traditional ROI: 3.47%

554 N Cabernet Drive

Covina, CA

3 beds | 4 baths | 1,620 sq.ft.

$683,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $2053

Traditional Rental Income: $4042

Airbnb ROI: 0.06%

Traditional ROI: 4.01%

4900 N Grand Avenue #104

Covina, CA

2 beds | 2 baths | 1,300 sq.ft.

$521,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $2288

Traditional Rental Income: $3171

Airbnb ROI: 0.57%