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 10+ datapoints.
Palm Springs, CA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3%
Avg Cash on Cash
-14.9%
Median Cashflow
-$4,185/mo
Avg Rent Estimate
$5,295/mo
Avg Price
$1,183,679
Price Range
$499,600 - $2,089,100
Rent to Price
0.45%
low ratio
Positive Cashflow
7%
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 10+ analyzed properties, the median monthly cashflow in Palm Springs, CA is -$4,185 with average rents of $5,295/month. Properties range from $499,600 to $2,089,100, offering entry points across multiple investment budgets.
2100 E Sahara Rd, Palm Springs, CA 92262
Price
$1,633,900
Rent
$6,328
CachFlow
-$5,549
CoC
-19.41
1385 E Via Escuela, Palm Springs, CA 92262
Price
$714,300
Rent
$3,175
CachFlow
-$1,743
CoC
-13.94
623 Desert Way, Palm Springs, CA 92264
Price
$1,153,900
Rent
$3,734
CachFlow
-$4,522
CoC
-22.39
298 N Farrell Dr, Palm Springs, CA 92262
Price
$1,279,000
Rent
$7,399
CachFlow
-$2,051
CoC
-9.16
Palm Springs, CA Rental Market Insights
- •Median cashflow is -$4,185/month — careful deal selection is essential here
- •3% median cap rate is typical of appreciation-focused markets
- •At 7% 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