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
3.2%
Avg Cash on Cash
-15.5%
Median Cashflow
-$2,361/mo
Avg Rent Estimate
$5,100/mo
Avg Price
$1,008,838
Price Range
$435,000 - $2,106,400
Rent to Price
0.51%
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 3.2%, 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 -$2,361 with average rents of $5,100/month. Properties range from $435,000 to $2,106,400, offering entry points across multiple investment budgets.
60071 Palm Oasis Ave, Palm Springs, CA 92262
Price
$509,800
Rent
$3,177
CachFlow
-$955
CoC
-10.7
120 E Perlita Cir, Palm Springs, CA 92264
Price
$1,067,300
Rent
$4,891
CachFlow
-$4,373
CoC
-23.41
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$2,361/month — careful deal selection is essential here
- •3.2% 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 $435,000 to $2,106,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs