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%
Median Cashflow
-$1,875/mo
Avg Rent Estimate
$4,824/mo
Avg Price
$870,666
Price Range
$435,000 - $1,709,200
Rent to Price
0.55%
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 -$1,875 with average rents of $4,824/month. Properties range from $435,000 to $1,709,200, offering entry points across multiple investment budgets.
222 Canyon Cir #5, Palm Springs, CA 92264
Price
$925,000
Rent
$2,688
CachFlow
-$4,409
CoC
-27.24
952 N Camino Condor, Palm Springs, CA 92262
Price
$773,800
Rent
$4,085
CachFlow
-$1,897
CoC
-14.01
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$1,875/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 $1,709,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs