$560,000
Secure Investment with Immediate Returns in North IndioWe present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place.Why this property? Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. Low-maintenance units.The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months.Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.
Listed by Manny Villagrana with Darryl Joel Freed, Broker
Property Type
Single Family Residence
Status
Active
MLS Number
219150003DA
Year Built
1972
Lot Size
7,841 sq ft
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