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%
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%
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%
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%
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.	$799,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.2% Airbnb Rental Income: $2053 Traditional Rental Income: $3335 Airbnb ROI: 0.76% Traditional ROI: 3.2%
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%
19555 E 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: 0.24% Traditional cash on cash: 2.99% Airbnb Rental Income: $2053 Traditional Rental Income: $2997 Airbnb ROI: 0.24% Traditional ROI: 2.99%
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%
662 E Workman Street Covina, CA These photos simply cannot capture the true charm of this extraordinary home. Nestled with...	3 beds \| 3 baths \| 1,833 sq.ft.	$660,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 1.62% Airbnb Rental Income: $2053 Traditional Rental Income: $3125 Airbnb ROI: -0.98% Traditional ROI: 1.62%
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.	$660,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.4% Airbnb Rental Income: $1509 Traditional Rental Income: $3411 Airbnb ROI: -0.4% Traditional ROI: 3.4%
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%
4810 N Vincent Avenue Covina, CA Priced at $236,789 per unit (all 2 bedrooms) for 38 UNITS not including the 2 non-conformi...	N/A beds \| N/A baths \| 26,969 sq.ft.	$8,998,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -1.66% Airbnb Rental Income: $2053 Traditional Rental Income: $2767 Airbnb ROI: -1.47% Traditional ROI: -1.66%
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%
2504 Martingail Drive Covina, CA Welcome to 2504 Martingail Drive, located in the exclusive Les Maisons at Covina Highlands...	5 beds \| 4 baths \| 3,262 sq.ft.	$1,688,888	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.91% Airbnb Rental Income: $2965 Traditional Rental Income: $7736 Airbnb ROI: -0.57% Traditional ROI: 2.91%
780 S Briargate Lane Covina, CA Updated 4-bedroom, 3-bath home offering over 2,000 square feet of well-designed living spa...	4 beds \| 3 baths \| 2,064 sq.ft.	$1,069,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.73% Airbnb Rental Income: $1509 Traditional Rental Income: $5370 Airbnb ROI: -0.6% Traditional ROI: 3.73%
945 Angelene Road Covina, CA With approximately 1,940 square feet of versatile living space, this three-story home is d...	3 beds \| 2 baths \| 1,940 sq.ft.	$749,900	Airbnb cash on cash: -4.16% Traditional cash on cash: -0.11% Airbnb Rental Income: $2053 Traditional Rental Income: $4354 Airbnb ROI: -4.16% Traditional ROI: -0.11%
1423 W San Bernardino Road #A Covina, CA Located in the Beautiful Woodlane Village Community. This is a 2 Bedroom 2 Bath, Plus lof...	2 beds \| 2 baths \| 1,182 sq.ft.	$525,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.66% Airbnb Rental Income: $2288 Traditional Rental Income: $3010 Airbnb ROI: 1.03% Traditional ROI: 3.66%
2651 Palomino Drive Covina, CA Your one-of-a-kind luxury pool estate in the prestigious Les Maisons gated community is fi...	5 beds \| 4 baths \| 4,752 sq.ft.	$2,392,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.7% Airbnb Rental Income: $2965 Traditional Rental Income: $8095 Airbnb ROI: -0.92% Traditional ROI: 1.7%
5441 N Calera Avenue Covina, CA (Back on the market!) Welcome to this charming and beautifully remodeled home in Covina th...	3 beds \| 2 baths \| 1,374 sq.ft.	$825,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3% Airbnb Rental Income: $2053 Traditional Rental Income: $3745 Airbnb ROI: 0.1% Traditional ROI: 3%
20030 Squire Drive Covina, CA Please come and take a look at these 5 bedrooms and 3 bath home. There's a 2-car garage wi...	5 beds \| 3 baths \| 2,077 sq.ft.	$1,225,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.9% Airbnb Rental Income: $2965 Traditional Rental Income: $5391 Airbnb ROI: 0.17% Traditional ROI: 2.9%
1912 E Covina Blvd Covina, CA Welcome to this beautifully updated, turnkey Williamsburg two-story townhome located in th...	2 beds \| 2 baths \| 1,149 sq.ft.	$639,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.56% Airbnb Rental Income: $2288 Traditional Rental Income: $3008 Airbnb ROI: 0.39% Traditional ROI: 2.56%
756 Rancho Sinaloa Drive Covina, CA Nestled on a quiet cul-de-sac in a highly sought-after, established Covina neighborhood, t...	5 beds \| 3 baths \| 2,628 sq.ft.	$1,300,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.4% Airbnb Rental Income: $2965 Traditional Rental Income: $5795 Airbnb ROI: 0.49% Traditional ROI: 3.4%
123 S Hollenbeck Avenue Covina, CA Beautifully updated 3-bed, 3-bath (one down stairs) townhome in the heart of Covina offeri...	3 beds \| 2 baths \| 1,332 sq.ft.	$669,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.39% Airbnb Rental Income: $2053 Traditional Rental Income: $3619 Airbnb ROI: 0.03% Traditional ROI: 3.39%
4900 N Grand #131 Covina, CA Welcome to this well-maintained 2-bedroom, 2-bath condo offers 1,270 sqft. Nice floorin...	2 beds \| 2 baths \| 1,270 sq.ft.	$525,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.7% Airbnb Rental Income: $2288 Traditional Rental Income: $3297 Airbnb ROI: 0.49% Traditional ROI: 3.7%
831 N Sunflower Covina, CA Welcome to 831â833 N Sunflower Avenue, a rare 2025 dual-residence property offering two ...	N/A beds \| N/A baths \| N/A	$1,398,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 0.47% Airbnb Rental Income: $2288 Traditional Rental Income: $2641 Airbnb ROI: -0.24% Traditional ROI: 0.47%

Real Estate investment in Covina, CA

There are 90 properties for sale in the city of Covina . The median list price in Covina is $749,950 and the average price per square foot is $382. In December 2025, the average monthly cash on cash return in Covina is 3.00%. The average monthly rental income in Covina is $3,702.

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

There are 90 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%

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%

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%

Traditional ROI: 3.55%

675 N Lark Ellen Avenue

Covina, CA

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%

1158 N Ivescrest Avenue

Covina, CA

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

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

3 beds | 2 baths | 1,229 sq.ft.

$799,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $2053

Traditional Rental Income: $3335

Airbnb ROI: 0.76%