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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Palm Springs, CA
Motivated Seller
Listed for sale 1 day ago
$ 139,900
ROI
25.1
Cash Flow/m
209- 2 Bed
- 2 Bath
- 1440 sft
262 Costa Mesa Dr, Palm Springs, CA, 92264
Listed for sale 1 day ago
$ 139,900
ROI
26.3Cash Flow/m
254- 2 Bed
- 2 Bath
- 1456 sft
234 Lei Dr, Palm Springs, CA, 92264
Listed for sale 7 days ago
$ 130,000
ROI
24.8Cash Flow/m
181- 2 Bed
- 1 Bath
- 771 sft
28 Jupiter St, Palm Springs, CA, 92264
$ 200,000
ROI
23.3Cash Flow/m
194- 1 Bed
- 1 Bath
- 589 sft
751 N Los Felices Cir W #109, 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
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