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
3.1%
Avg Cash on Cash
-14.6%
Median Cashflow
-$2,158/mo
Avg Rent Estimate
$4,983/mo
Avg Price
$996,748
Price Range
$503,300 - $1,813,600
Rent to Price
0.5%
low ratio
Positive Cashflow
2%
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 50+ analyzed properties, the median monthly cashflow in Palm Springs, CA is -$2,158 with average rents of $4,983/month. Properties range from $503,300 to $1,813,600, offering entry points across multiple investment budgets.
1586 S San Mateo Dr, Palm Springs, CA 92264
Price
$1,313,500
Rent
$5,967
CachFlow
-$3,165
CoC
-13.77
1339 Camino Amapola, Palm Springs, CA 92264
Price
$610,000
Rent
$4,197
CachFlow
-$390
CoC
-3.65
1127 N Calle Marcus, Palm Springs, CA 92262
Price
$1,199,000
Rent
$5,885
CachFlow
-$3,318
CoC
-15.81
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,158/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 2% positive cashflow rate, Palm Springs, CA requires selective property picks
- •Premium market with properties from $503,300 to $1,813,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs