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
-13.7%
Median Cashflow
-$2,160/mo
Avg Rent Estimate
$4,769/mo
Avg Price
$912,115
Price Range
$492,200 - $1,813,600
Rent to Price
0.52%
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 -$2,160 with average rents of $4,769/month. Properties range from $492,200 to $1,813,600, offering entry points across multiple investment budgets.
2002 N Via Miraleste, Palm Springs, CA 92262
Price
$678,900
Rent
$3,360
CachFlow
-$1,853
CoC
-15.6
515 N Burton Way, Palm Springs, CA 92262
Price
$996,300
Rent
$3,663
CachFlow
-$3,921
CoC
-22.49
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,160/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 $492,200 to $1,813,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs