Under $300K Investment Properties for Sale in Palm Springs, CA
Listed for sale today
$ 249,999
ROI
22.1
Cash Flow/m
161- 3 Bed
- 2 Bath
- 1368 sft
132 Pali Dr, Palm Springs, CA, 92264
Listed for sale 7 days ago
$ 284,500
ROI
21.9Cash Flow/m
170- 2 Bed
- 2 Bath
- 840 sft
318 Lei Dr, Palm Springs, CA, 92264
$ 124,900
ROI
24.9Cash Flow/m
177- 1 Bed
- 2 Bath
- 865 sft
108 Camarillo St, Palm Springs, CA, 92264
$ 239,000
ROI
22.8Cash Flow/m
201- - Bed
- 1 Bath
- 568 sft
1527 Spyglass Plz, Palm Springs, CA, 92264
Why Invest in Palm Springs, California?
Discover investment opportunities in Palm Springs, CA under $300k, where affordable condos and homes offer strong potential for cash-flowing rentals. The area's tourism-driven economy supports steady rental demand, with cap rates around 6-8% and average rents of $1,500 monthly. Annual appreciation averages 4%, bolstered by population growth and limited inventory. Renter-occupied housing exceeds 60%, making it ideal for passive income investors. Low entry prices enable higher yields compared to coastal California markets.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.1%
1Y Appreciation
Find Your Perfect Investment Property in Palm Springs, California
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