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 20+ datapoints.
Palm Springs, CA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.1%
Avg Cash on Cash
-14%
Median Cashflow
-$2,290/mo
Avg Rent Estimate
$5,386/mo
Avg Price
$1,097,412
Price Range
$499,600 - $2,089,100
Rent to Price
0.49%
low ratio
Positive Cashflow
8%
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 3.1%, 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 20+ analyzed properties, the median monthly cashflow in Palm Springs, CA is -$2,290 with average rents of $5,386/month. Properties range from $499,600 to $2,089,100, offering entry points across multiple investment budgets.
913 Arroyo Vista Dr, Palm Springs, CA 92264
Price
$742,500
Rent
$3,309
CachFlow
-$1,984
CoC
-15.27
1443 N Vaquero Rd, Palm Springs, CA 92262
Price
$1,204,500
Rent
$7,887
CachFlow
-$1,377
CoC
-6.53
2438 S Caliente Dr, Palm Springs, CA 92264
Price
$1,675,000
Rent
$5,925
CachFlow
-$5,427
CoC
-18.51
289 N Michelle Rd, Palm Springs, CA 92262
Price
$1,241,600
Rent
$6,551
CachFlow
-$2,536
CoC
-11.67
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,290/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Palm Springs, CA requires selective property picks
- •Premium market with properties from $499,600 to $2,089,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs