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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,576
$3,451
Appreciation
Data-driven answers to common investor questions about this market.
6.59%
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Job Growth
-0%
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Population
107,436
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The LTR Genie Score of West Covina, CA is 50, indicating a moderate level of rentability for long-term rental properties. The STR Genie Score is slightly higher at 59, suggesting a slightly more favorable outlook for short-term rental or Airbnb properties. The LTR Rent Growth Rate of 0.0% may have contributed to the lower LTR Genie Score, while the STR Net ROI of 18.5% likely boosted the STR Genie Score.
In comparison, the STR Genie Score is higher than the LTR Genie Score, indicating that short-term rental properties may offer better investment opportunities in West Covina. However, both long-term and short-term rental options have positive Net ROI percentages, with short-term rentals slightly edging out long-term rentals.
Overall, West Covina, CA presents a mixed bag for real estate investors. While both long-term and short-term rental properties show potential for profitability, the slightly higher STR Genie Score suggests that short-term rentals may be a more attractive option in this market. Investors should consider the current market conditions and their investment goals before deciding on the best strategy for this area.
West Covina, CA is a city located in Los Angeles County, known for its diverse population and convenient location near major freeways and amenities. The real estate market in West Covina offers a mix of single-family homes, townhouses, and apartments, making it a versatile market for investors looking to diversify their portfolio.