84066 Olona Court

Indio, CA 92203
$819,000
2338 sqft | 4 beds | 2.5 baths | 0.12 acres | #OC24204191
Courtesy of Alta Realty Group CA, Inc

Description

Discover this stunning 4-bedroom, 2.5-bathroom short-term rental (STR) in the heart of Indio, California. Offering a prime location near popular attractions and ample potential for investors, this fully furnished and turnkey property is poised for high returns. With a spacious 2,338sq. ft. layout, the home boasts an open concept design, modern finishes, and a tranquil outdoor oasis perfect for relaxation. The beautiful interior features a bright, open living area with vibrant accents, wood-style vinyl flooring, and designer lighting. A cozy fireplace creates a welcoming atmosphere in the living room, while the gourmet kitchen is equipped with stainless steel appliances, sleek cabinetry, and polished countertops. The generously sized bedrooms include a luxurious primary suite with a walk-in closet and ensuite bath complete with a soaking tub. Glass sliders lead to the expansive backyard, where you'll find a covered patio, multiple seating areas, and a heated salt-water pool and spa. Financially, this property offers strong returns with a projected gross revenue exceeding $125,000 annually, a self-managed cap rate of 11.4%, and a professionally managed cap rate of 9.8%. With all furniture,appliances, and operational items included in the sale, this home is a true turnkey investment. Whether you're seeking a high-performing investment property or a serene personal retreat, this Indio STR presents an unmatched opportunity. Don't miss your chance—schedule a showing today and make this income-generating property yours!
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  • Interior Details
    • Interior Features
      • Interior:BreakfastBar, Furnished, WalkInPantry, WalkInClosets
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:2.5
      • Full Baths:2
      • Half Baths:1
  • Property Details
    • Property
      • View:Mountains
      • Stories:2
      • Lot description:Yard
    • Measurements
      • Acres:0.12
      • Square Feet:2338
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2007
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Terra Lago (30924)
    • Location
      • School district:Desert Sands Unified
      • County:Riverside
  • Financial Details
    • Pricing Details
      • Original List Price:$819, 000
    • HOA
      • Hoa fees:300
  • Other
    • Source
      • MLS #:OC24204191

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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