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84750 Idrovia Court, Indio, CA 92203
$1,495,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
3,142
sqft
Built in
2005
Calling all savvy investors! This 3142 square foot property in Terra Lago is a lucrative investment waiting to be seized. With 4 br and 3 ba, plus an additional versatile futon room that can easily serve as a 5th br for your short-term rental, this property is primed for maximizing rental income and ROI. Renovated with approximately $100k in new furnishings, including the upgrade to luxurious vinyl plank flooring and a top-of-the-line pool heater, putting green, and game room this home is designed to impress both guests and investors alike. The short-term rental approval and active rental history ensure immediate income generation, making it a turnkey investment opportunity for those seeking to capitalize on the thriving vacation rental market. But that's not all! What truly sets this property apart is its standout feature: the $150,000 Teserra saltwater pool and spa, which is not only the largest pool in Terra Lago but also situated on the largest lot in the community. This enticing amenity is sure to attract guests seeking a luxurious and indulgent retreat, further enhancing the property's rental appeal and income potential. Situated on a sprawling half-acre lot at the end of a court, privacy and tranquility are guaranteed, enhancing the appeal to potential renters and ensuring high occupancy rates throughout the year. With a 3-car garage and a driveway accommodating 10+ cars, parking convenience is never a concern, adding another layer of desirability for renters.
Features & Amenities
Interior
- General:
- All Bedrooms Down
- Appliances:
- Dishwasher,Refrigerator,Self Cleaning Oven,Water Purifier
- Laundry:
- Laundry Room
- Flooring:
- Tile,Vinyl
- A/C:
- true, Central Air
- Heating:
- true, Central,Fireplace(s)
- Fireplace:
- Living Room, Fireplace
Exterior
- General:
- In Ground,Private
- Pool:
- In Ground
- Parking:
- Driveway, Parking spaces: 7
Construction
- General:
- 1
Location
- HOA Amenities:
- Controlled Access, 285.0, Monthly
- Originating MLS:
- CRMLS
- County:
- Riverside
Lot
- Zoning:
- 696140021
- View:
- Mountain(s), View
Financial
- Source:
- CRMLS
This listing courtesy of:
HomeSmart, Angela Maciel-Gibbons
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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