84066 Olona CtIndioCA92203
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Indio at 84066 Olona Ct, Indio, CA, 92203 generates $4,272/mo in rent, after a $5,139/mo payment. Total monthly income is $4,272/mo. Return on cash invested sits at 12.53% in year one, and rental yield is 4.88% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 63.16% and total cumulative return in cash sums $214,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,272/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92203, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,943 (100%) |
| Owner Occupied HU | 9,836 (61.7%) |
| Renter Occupied HU | 2,940 (18.4%) |
| Vacant Housing Units | 3,167 (19.9%) |
| Median Home Value | $603,860 |
| Average Home Value | $625,172 |
Housing Distribution
Address Breakdown
Residential
14,828
Single Family
13,720
Multi-Family
1,108
Businesses
379
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Listed by: William Green • Endeavor Realty, Inc
Mls Name: CRMLS
Mls ID: #OC25183312