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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
$ 380,000
ROI
21.7
Cash Flow/m
206- 3 Bed
- 1 Bath
- 1123 sft
17190 Covey St, North Palm Springs, CA, 92258
$ 259,900
ROI
23.8Cash Flow/m
292- 2 Bed
- 2 Bath
- 768 sft
17088 Keith St, North Palm Springs, CA, 92258
$ 259,800
ROI
29.3Cash Flow/m
690- 2 Bed
- 1 Bath
- 728 sft
17401 Louise St, North Palm Springs, CA, 92258
$ 169,900
ROI
63.2Cash Flow/m
2053- - Bed
- - Bath
- - sft
64581 Dillon Rd, 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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