Is Thousand Palms, CA a good place to invest in rental property?

Thousand Palms, CA has a median modeled monthly cash flow of $-271 and a median cap rate of 5.2%, on a median sold price of $206,500. Prices changed -9.4% year over year.

What is the average cap rate in Thousand Palms, CA?

The median cap rate across recently sold homes in Thousand Palms, CA is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Thousand Palms, CA?

The median sold price in Thousand Palms, CA is $206,500 (about $155 per square foot).

Investing in Thousand Palms, CA Real Estate

A data-driven snapshot of the Thousand Palms, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$206,500Median sold price

$155Median $/sqft

5.2%Median cap rate

$-271Modeled cash flow / mo

-9.4%Appreciation YoY

6.1Months of supply

88Active listings

172Sold (last 12 mo)

What the Thousand Palms numbers say

In Thousand Palms, CA, the median home sold for $206,500 (about $155 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-271 of monthly cash flow. Sold prices moved -9.4% over the past year. Inventory sits at about 6.1 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Thousand Palms cash-flowing listings

CashFlowRE ranks every for-sale home in Thousand Palms, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Thousand Palms deals, or browse the national market data.