Palm Springs, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Palm Springs, CA. Based on 50+ datapoints.
Palm Springs, CA Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-17.4%
Median Cashflow
-$2,718/mo
Avg Rent Estimate
$5,126/mo
Avg Price
$1,074,006
Price Range
$400K – $2.3M
approximate
Rent to Price
0.48%
low ratio
Positive Cashflow
1%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Palm Springs, CA
Palm Springs, 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 50+ analyzed properties, the median monthly cashflow in Palm Springs, CA is -$2,718 with average rents of $5,126/month. Properties are priced about $400,000 to $2,300,000, offering entry points across multiple investment budgets.
2918 N Davis Way, Palm Springs, CA 92262
Price
$1,036,000
Rent
$5,300
CachFlow
-$3,196
CoC
-17.63
3556 Serenity Trl, Palm Springs, CA 92262
Price
$697,100
Rent
$3,310
CachFlow
-$2,616
CoC
-21.44
2322 Shannon Way, Palm Springs, CA 92262
Price
$609,200
Rent
$2,992
CachFlow
-$1,910
CoC
-17.92
1244 S San Mateo Dr, Palm Springs, CA 92264
Price
$1,215,400
Rent
$5,476
CachFlow
-$4,327
CoC
-20.34
3403 Ambassador Dr, Palm Springs, CA 92262
Price
$1,069,500
Rent
$5,363
CachFlow
-$3,888
CoC
-20.77
Palm Springs, CA Rental Market Insights
- Median cashflow is -$2,718/month — careful deal selection is essential here
- 2.6% median cap rate is typical of appreciation-focused markets
- At 1% positive cashflow rate, Palm Springs, CA requires selective property picks
- Premium market with properties priced about $400,000 to $2,300,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs