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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
35
Photos
4
beds
2
baths
1,737
sqft
Built in
2011
Welcome to the coveted community of Terra Lago located in the City of Festivals, Indio CA! This is your chance to own a stunning furnished 4-bedroom, 2-bath home in the only guard-gated lake community in the Coachella Valley that allows short-term rentals with no restrictions. Step inside and be wowed by this home's newer interior and exterior paint, appealing newer flooring, custom shower, and upgraded pool with spa and firepit. The floorplan optimizes space, providing a feeling of spaciousness that belies the square footage. And with artificial turf throughout the backyard featuring coveted south mountain views, this home will take your breath away.As a bonus, this property is priced below market value, making it a steal in comparison to other similar properties in the area. This home is positioned for savvy investors who want to invest in the growing Coachella Valley and benefit from the area's continued development.In fact, this home offers unlimited potential passive income through short-term rentals and is an excellent 1031 tax exchange property. It represents the perfect opportunity for investors who want a home that they can generate income from, but also enjoy as a vacation retreat.Don't miss the chance to own this fantastic home in the prized Terra Lago community, with plenty of walking areas, parks, sidewalks, clubhouse, fitness centers, and playgrounds, amongst other amenities.
Features & Amenities
Interior
- Flooring:
- Vinyl
- A/C:
- true
- Heating:
- true, Central,Natural Gas
- Fireplace:
- Family Room,Gas, Fireplace
Exterior
- General:
- In Ground,Private
- Pool:
- Electric Heat,In Ground
- Parking:
- Direct Access,Garage, Parking spaces: 4
Construction
- General:
- 1
Location
- HOA Amenities:
- Billiard Room,Clubhouse,Fitness Center, 300.0, Monthly
- Originating MLS:
- CRMLS
- County:
- Riverside
Lot
- Zoning:
- 696030051
- View:
- Mountain(s),Peek-A-Boo, View
- Fencing:
- Block
Utilities
- Utilities:
- Cable Available
Financial
- Source:
- CRMLS
This listing courtesy of:
HomeSmart, David Colin
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Indio, CA
Housing
- Number of Units
- 38,920
- Median Home Value
- $298,511
- Median Rent
- $1,093
29.48% of housing units are renter occupied.
15.31% are vacant.
Commute
- Car
-
83.10%
- Public Transportation
-
0.63%
- Walk to Work
-
1.03%
- Work from Home
-
14.42%
- Other
-
0.47%
The median travel time to work is 20 minutes.
People
- Population
- 100,429
- Median Age
- 40.50
- Median Household Size
- 2.49
Education
- High School
-
34.65%
- Associate’s Degree
-
5.98%
- Bachelor’s Degree
-
11.31%
- Graduate Degree
-
6.68%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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