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%
Avg Cash on Cash
-14.8%
Median Cashflow
-$2,295/mo
Avg Rent Estimate
$5,193/mo
Avg Price
$1,093,112
Price Range
$499,600 - $2,089,100
Rent to Price
0.48%
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%, 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 -$2,295 with average rents of $5,193/month. Properties range from $499,600 to $2,089,100, offering entry points across multiple investment budgets.
2129 George Dr, Palm Springs, CA 92262
Price
$1,142,600
Rent
$5,117
CachFlow
-$3,193
CoC
-15.97
1932 S Barona Rd, Palm Springs, CA 92264
Price
$946,000
Rent
$3,168
CachFlow
-$3,575
CoC
-21.59
3450 E Chia Rd, Palm Springs, CA 92262
Price
$1,034,300
Rent
$4,455
CachFlow
-$3,086
CoC
-17.05
4385 E Paseo Caroleta, Palm Springs, CA 92264
Price
$862,300
Rent
$3,950
CachFlow
-$2,442
CoC
-16.18
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 5% 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