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%
Avg Cash on Cash
-14.9%
Median Cashflow
-$2,295/mo
Avg Rent Estimate
$5,049/mo
Avg Price
$1,060,913
Price Range
$499,600 - $2,089,100
Rent to Price
0.48%
low ratio
Positive Cashflow
3%
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%, 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 -$2,295 with average rents of $5,049/month. Properties range from $499,600 to $2,089,100, offering entry points across multiple investment budgets.
775 Cabrillo Rd, Palm Springs, CA 92262
Price
$2,750,000
Rent
$5,879
CachFlow
-$10,727
CoC
-22.29
248 E Palo Verde Ave, Palm Springs, CA 92264
Price
$2,233,300
Rent
$5,538
CachFlow
-$8,749
CoC
-22.39
4512 Alcala Way, Palm Springs, CA 92262
Price
$1,709,200
Rent
$6,405
CachFlow
-$6,476
CoC
-21.65
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,295/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 3% 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