Indio, Californie, Riverside County, 92201

Indio's Premier Property: Ideal for Primary Residence or Turnkey STR! This 5-bed, 2-bath pool home in Madison Ranch offers a move-in-ready haven or lucrative short-term rental. Near Coachella and Stagecoach, it suits both homeowners and investors. Step into an inviting, open floor plan with wood vinyl flooring and a cozy fireplace in the spacious living area. The kitchen, connected to dining and living areas, boasts Corian countertops, stainless steel appliances, and a walk-in pantry for delightful meals. The master bedroom includes a walk-in closet and a lavish bath and walk-in shower; a personal oasis. Outside, a heated salt-water pool and spa create a perfect retreat. The property features a 2-car garage with plenty of storage for personal items or supplies required to operate a short-term rental. There is even a ping-pong table for guests to enjoy. With tile roofing, central heating & air, a complete solar power system (leased at $131 per month), and a fenced backyard, this property has all the conveniences you need. Fully furnished, this property promises comfort and luxury, whether for your primary residence or as a turnkey short-term rental opportunity. As a short-term rental, it's projected to yield over $135,000 in revenue with a 11.5% self-managed cap rate and 8.7% cap

Listing Courtesy of Keith Powers , Alta Realty Group CA, Inc