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
3.3%
Avg Cash on Cash
-14.1%
Median Cashflow
-$2,323/mo
Avg Rent Estimate
$5,007/mo
Avg Price
$948,605
Price Range
$435,000 - $1,722,100
Rent to Price
0.53%
low ratio
Positive Cashflow
4%
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 3.3%, 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 -$2,323 with average rents of $5,007/month. Properties range from $435,000 to $1,722,100, offering entry points across multiple investment budgets.
2942 E Orella Cir, Palm Springs, CA 92264
Price
$1,722,100
Rent
$6,291
CachFlow
-$6,849
CoC
-22.73
3014 N Avenida Caballeros, Palm Springs, CA 92262
Price
$1,534,500
Rent
$7,212
CachFlow
-$4,912
CoC
-18.29
1439 N Opuntia Rd, Palm Springs, CA 92262
Price
$756,900
Rent
$4,847
CachFlow
-$1,322
CoC
-9.98
3618 Taylor Dr, Palm Springs, CA 92262
Price
$1,158,200
Rent
$7,636
CachFlow
-$2,566
CoC
-12.66
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,323/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 4% positive cashflow rate, Palm Springs, CA requires selective property picks
- •Premium market with properties from $435,000 to $1,722,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs