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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Indio, CA
Listed for sale 4 days ago
$ 349,950
ROI
23.4
Cash Flow/m
358- 3 Bed
- 2 Bath
- 1241 sft
47395 Monroe St APT 254, Indio, CA, 92201
$ 357,000
ROI
27.3Cash Flow/m
744- 2 Bed
- 2 Bath
- 1440 sft
49275 Douglas St, Indio, CA, 92201
$ 309,900
ROI
21.0Cash Flow/m
111- 2 Bed
- 2 Bath
- 998 sft
48255 Monroe St APT 5, Indio, CA, 92201
Airbnb Potential
$ 295,000
ROI
21.8Cash Flow/m
168- 2 Bed
- 2 Bath
- 998 sft
48255 Monroe St APT 6, Indio, CA, 92201
Why Invest in Indio, California?
Indio, CA condo investments offer strong potential for rental income in a growing Coachella Valley market. Tourism drives consistent demand from seasonal visitors, supporting steady cash flow. With home values up around 5% annually and average rents near $2,900, cap rates hover at 5-6%. Renter occupancy exceeds 40%, bolstered by employment growth and infrastructure upgrades. Low vacancy and appreciation make condos a balanced choice for passive income.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2890/mo
Avg. Rent
5.4%
1Y Appreciation
Frequently Asked Questions
Yes, condos benefit from high tourism demand and 42% renter occupancy. Average rents near $2,900 yield 5-6% cap rates with steady appreciation. Low vacancy supports reliable cash flow.
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