84066 Olona Court, Indio, CA 92203

$814,000 Asking Price

4 beds
3 baths
2,338  sqft
Built in 2007

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 11.5%, 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 chanceschedule a showing today and make this income-generating property yours!

Features & Amenities

Interior

General:
Furnished
Laundry:
Laundry Room
Flooring:
Carpet,Linoleum/Vinyl
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Family Room,Gas

Exterior

General:
Stucco
Pool:
Below Ground,Community/Common,Private,Other
Parking:
Driveway, Parking spaces: 2

Construction

General:
2 Story

Location

HOA Amenities:
300.0, Monthly
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
696020062
View:
Mountains/Hills
Restrictions:
CC&R's

Utilities

Utilities:
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Alta Realty Group CA, Inc, Keith Powers

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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