Under $500K Investment Properties for Sale in Indio, CA

Indio, CA offers strong investment potential in homes under $500K, particularly for rental properties in this growing Coachella Valley city. Stable **rental yields** around 6-7% and **cap rates** of 5-6% make these affordable properties attractive for cash flow investors. The area's **appreciation** rate of 4-5% annually, driven by tourism and retiree migration, supports long-term value growth. With **renter-occupied** housing at 35-40%, demand remains consistent year-round. Proximity to festivals and golf resorts enhances seasonal rental income opportunities.