Remodeled Residential Income
For Sale
$109,999
84136 Ave 44 #172 172, Indio, CA 92203
Open interiors feature laminate flooring, white cabinetry, and matching white appliances.
Property Size400 SF
Price / SF$274
Days on Market111
Property Features for 84136 Ave 44 #172 172
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Listing Agency:
Coldwell Banker Realty
(760) 345-2527
Listed By:
James Richmond · License #01729522
(760) 844-2030
Source:
Realtyrightchoice
Added: Jul 11
Changed: Oct 25
Last Checked: Oct 28 at 7:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property offers an open living area with laminate flooring, white cabinetry, and white appliances, including a microwave positioned above the stove. The bedroom includes mirrored closet doors, while the exterior provides a covered deck. A shed houses the washer and dryer, keeping laundry equipment separate from the main living space.
A green belt extends behind the property. The residence is located at 84136 Ave 44, #172, in Indio, California.
A green belt extends behind the property. The residence is located at 84136 Ave 44, #172, in Indio, California.
Key Highlights
- Green belt situated behind the property
- Remodeled a few years ago
- Covered outdoor deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,475
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
$129.5K
Cap Rate 7%
$92,500
$92.5K
Cap Rate 9%
$71,944
$71.9K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$12.0K $30.00/SF
− Vacancy
−$228 −$0.57/SF
EGI
$11.8K $29.43/SF
− OpEx
−$5.3K −$13.24/SF
NOI
$6.5K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
Cap Rate 7%
$92,500
Cap Rate 9%
$71,944
Alternative Uses
Best Use
Apartment 5plus
$92.5K
$80.9K – $107.9K
NOI $6,475 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 92203, CA
31,366
Population
14,750
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
89%
High-School Grad
18.5 sq mi
ZIP Area
1,695
Density / Sq Mi
$97,969
Median Household Income
$47,013
Median Earnings
$1,990
Median Rent
$496,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Open interiors feature laminate flooring, white cabinetry, and matching white appliances.
Where is this residential income property located?
The property is located at 84136 Ave 44 #172 172 Indio, CA.
What is the asking price?
The asking price for this property is $109,999.
What are key features of this property?
This property features: Green belt situated behind the property; Remodeled a few years ago; Covered outdoor deck
