Under $200K Investment Properties for Sale in Palm Springs, CA
$ 124,900
ROI
24.9
Cash Flow/m
177- 1 Bed
- 2 Bath
- 865 sft
108 Camarillo St, Palm Springs, CA, 92264
$ 139,000
ROI
25.7Cash Flow/m
229- 2 Bed
- 2 Bath
- 1512 sft
174 Vista De Oeste, Palm Springs, CA, 92264
$ 129,500
ROI
24.6Cash Flow/m
175- 1 Bed
- 1 Bath
- - sft
13 Araby St, Palm Springs, CA, 92264
$ 160,000
ROI
24.7Cash Flow/m
219- 1 Bed
- 1 Bath
- 589 sft
550 N Villa Ct Unit 205, Palm Springs, CA, 92262
Why Invest in Palm Springs, California?
Palm Springs, CA offers rare investment opportunities under $200k, primarily in condos and manufactured homes. Tourism drives strong seasonal rental demand with cap rates around 6-8%. Renter occupancy exceeds 60%, supported by appreciation rates of 4-5% annually. Low entry prices enable high cash-on-cash returns for budget-conscious investors. Proximity to Palm Springs International Airport enhances accessibility.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation
Find Your Perfect Investment Property in Palm Springs, California
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