Fix and Flip Properties in Palm Springs, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Palm Springs, CA

Why Invest in Palm Springs, California?

Palm Springs, CA offers strong fix-and-flip opportunities in 2026 as home prices stabilize after a 5.5% dip, creating entry points for investors targeting mid-century renovations and modern updates. Inventory is rising 10%, with homes averaging 71 days on market, ideal for acquiring undervalued properties in neighborhoods like Deepwell and Twin Palms. Expected 3.6% price appreciation supports solid exits, while tourism-driven short-term rental demand boosts after-repair value. Cap rates hold steady amid limited supply, and remote work migration from LA fuels buyer interest in renovated lifestyle homes. Focus on energy-efficient flips to attract part-time owners and out-of-state buyers seeking desert retreats.

12.5%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
3.6%
1Y Appreciation

Frequently Asked Questions

Yes, with prices down 5.5% in 2025 and expected 3.6% growth in 2026, plus rising inventory, it's ideal for buying low and renovating mid-century homes. Focus on tourism-friendly updates for quick flips. Neighborhoods like Twin Palms offer high after-repair value.

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