Short Term Rental Investment Properties for Sale in Palm Desert, CA

Palm Desert, CA offers strong potential for **short-term rental** investments, driven by its desert lifestyle and tourism appeal. Tourists flock to golf courses, events, and luxury resorts, supporting high occupancy. Expect solid **rental yields** around 6-8% with average rents near $3,000/month for premium properties. Annual **appreciation** hovers at 3%, bolstered by limited supply and remote worker migration. **Cap rates** of 5-7% make it attractive for cash-flow focused investors. Renter-occupied units stand at 35%, with short-term rentals thriving seasonally.