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 40+ datapoints.
Palm Springs, CA Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-13.5%
Median Cashflow
-$2,031/mo
Avg Rent Estimate
$4,803/mo
Avg Price
$882,697
Price Range
$435,000 - $1,522,000
Rent to Price
0.54%
low ratio
Positive Cashflow
5%
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 40+ analyzed properties, the median monthly cashflow in Palm Springs, CA is -$2,031 with average rents of $4,803/month. Properties range from $435,000 to $1,522,000, offering entry points across multiple investment budgets.
2765 S Kings Rd E, Palm Springs, CA 92264
Price
$1,508,300
Rent
$6,288
CachFlow
-$5,911
CoC
-22.39
547 N Farrell Dr, Palm Springs, CA 92262
Price
$1,050,000
Rent
$3,503
CachFlow
-$4,136
CoC
-22.51
3691 E Avenida Fey Norte, Palm Springs, CA 92262
Price
$915,800
Rent
$3,792
CachFlow
-$3,199
CoC
-19.96
4982 Cottier Way, Palm Springs, CA 92262
Price
$1,065,300
Rent
$5,430
CachFlow
-$3,069
CoC
-16.46
5282 E Lakeside Dr, Palm Springs, CA 92264
Price
$1,052,200
Rent
$4,466
CachFlow
-$3,469
CoC
-18.84
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,031/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Palm Springs, CA requires selective property picks
- •Premium market with properties from $435,000 to $1,522,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs