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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in North Palm Springs, CA
$ 199,000
ROI
25.3
Cash Flow/m
308- 3 Bed
- 2 Bath
- 1610 sft
17380 Keith St, North Palm Springs, CA, 92258
$ 115,000
ROI
24.8Cash Flow/m
161- 3 Bed
- 2 Bath
- 1440 sft
17069 N Indian Canyon Dr #105, North Palm Springs, CA, 92258
$ 169,900
ROI
63.2Cash Flow/m
2053- - Bed
- - Bath
- - sft
64581 Dillon Rd, North Palm Springs, CA, 92258
$ 379,999
ROI
30.5Cash Flow/m
1136- 4 Bed
- 2 Bath
- 1261 sft
17191 Keith St, North Palm Springs, CA, 92258
Why Invest in North Palm Springs, California?
Investing in properties under $500K in Palm Springs offers a unique opportunity to tap into the growing rental market. With an average rental yield of around 5.5%, this area shows strong cash flow potential and a favorable cap rate of 7%. Palm Springs is not only known for its vibrant tourism but also has a steadily appreciating real estate market, attracting both seasonal and long-term renters.
8%
Avg. ROI
5.5%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Palm Springs is approximately $1,800 per month, with variations depending on the property type and location.
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