48291 Panorama · Indio, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 10/10 · Severe
- Hot days now (above 114°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +10.8/30.0
- ARV discount +8.6/15.0
- Rent growth +3.3/5.0
- DSCR +3.1/10.0
- 1% rule +2.8/10.0
- Livability +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.5/10.0
- Appreciation +0.0/10.0
$619,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Wow: This is 4-bedroom 3-bath home located in very desirable Las Brisas I, a gated family community. The mountain views and spectacular. Inside, the great room has a fireplace. The home has an upgraded two-zone Heat Pump HVAC System that keeps it energy efficient. The primary suite is a private retreat with double door entry and direct access to the rear leisure area. It features an expansive bedroom, a spa-like bathroom, and dual walk-in closets. The 2nd bedroom has a window to the rear leisure area, with direct door to the hall-bathroom, making it ideal for guests. The 3rd bedroom is versatile as an office/den, has a built-in desk. The kitchen has granite counters, with a large island, perfect for home chefs and entertainers alike. Laundry Room is access to the 3-vehical garage with built-in storage cabinets, attic storage access, a workbench, an EV charging outlet, and a Navien tankless hot water system. Ther rear yard has a 10X10 shed with paved access; the side yard has gated RV Parking.
Key facts
- 7,841 sq ft lot
- 3 garage spots
- Built 2002
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath single-family listed at $619k.
Deal economics
- At list price, monthly cash flow is $-280 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $569k (8.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $484k (21.8% below list).
- Recommended offer: $484k (21.8% below list) — sets the bar for 1% rule.
- Cap rate 5.7% vs local median 4.3% in Indio — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 53/100 on livability (#927 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: employment D, crime F, amenities F.
- Coachella Valley Unified (rural): math 12% / reading 23% proficiency, ranked #481 of 517 in CA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Mountain Vista Elementary (math 11% / reading 24%, grade F, #1,329 of 1,571 statewide, top 85%, 600 students, 74% FRL); Cahuilla Desert Academy Junior High (math 18% / reading 36%, grade F, #242 of 498 statewide, top 50%, 669 students, 79% FRL); Coachella Valley High (math 18% / reading 38%, grade F, #777 of 1,170 statewide, top 67%, 2,657 students, 88% FRL) — zoned schools at 80% FRL track the district average.
- Market conditions: Rents rising (+3.3%/yr); 515 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
- At $4,839/mo this rent would consume 87% of the median local household income ($67k/yr) (locally 2036% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $19k of value loss. Plan a longer hold.
- Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 65 days — a 6% lower offer ($582k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $230k; list at $619k implies a 169% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 65 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.78% ✗
- Cap rate
- 5.75%
- Cash-on-cash
- -1.94%
- DSCR
- 0.91
- GRM
- 10.7
CMA / ARV
- ARV (median comp)
- $634,843
- List price
- $619,000
- Delta
- -2.50%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 48192 Panorama Ave | 0.06mi | 4/3.0 | 2,482 (0%) | 7mo | $695,000 | $280 | 91 |
| 81129 La Reina Cir | 0.12mi | 4/3.0 | 2,482 (0%) | 7mo | $664,000 | $268 | 89 |
| 81349 Avenida Esmeralda | 0.59mi | 4/3.0 | 2,476 (-0%) | 3mo | $625,000 | $252 | 69 |
| 81391 Avenida Esmeralda | 0.61mi | 4/3.0 | 2,476 (-0%) | 5mo | $625,000 | $252 | 67 |
| 80435 PASEO DE TIEMPO | 0.64mi | 4/3.0 | 2,391 (-4%) | 3mo | $785,000 | $328 | 61 |
| 81402 Avenida Gaviota | 0.44mi | 4/2.0 | 2,399 (-3%) | 11mo | $445,000 | $185 | 61 |
| 48864 Pear St | 0.41mi | 4/3.5 | 2,751 (+11%) | 4mo | $930,000 | $338 | 58 |
| 80420 Paseo De Nivel | 0.66mi | 4/2.5 | 2,568 (+4%) | 9mo | $687,000 | $268 | 54 |
| 80642 Plum Ln | 0.40mi | 4/3.5 | 2,751 (+11%) | 10mo | $810,000 | $294 | 53 |
| 80465 Paseo De Tiempo | 0.61mi | 3/2.5 (-1) | 2,568 (+4%) | 10mo | $640,000 | $249 | 50 |
| 47432 Bahama Ct | 0.62mi | 3/3.5 (-1) | 2,350 (-5%) | 8mo | $597,500 | $254 | 48 |
| 47536 Calle Zafiro | 0.57mi | 3/2.0 (-1) | 2,188 (-12%) | 10mo | $560,000 | $256 | 36 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.34% rent growth · sell at horizon
- IRR
- -19.2%
- Equity multiple
- 0.33×
- Total profit
- $-116,533
- Equity at exit
- $92,295
- IRR
- -11.1%
- Equity multiple
- 0.32×
- Total profit
- $-117,743
- Equity at exit
- $53,520
Cash invested: $173,320 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 92201
- Home prices YoY
- -28.4%
- Rents YoY
- 3.3%
- Active inventory
- 515
- Price-to-rent
- 10.7×
Monthly cashflow live
- Estimated rent
- $4,839 high interval (Pro) →
- Mortgage (P&I)
- −$3,246
- Tax from tax record
- −$419 /mo · $5,026/yr
- Insurance
- −$258
- HOA
- −$180
- Vacancy / Maint / Mgmt
- −$1,016
- Net cashflow
- $-280
Break-even live
Sensitivity live
| Price | -10% $70 | -5% $-105 | +0% $-280 | +5% $-456 | +10% $-631 |
|---|---|---|---|---|---|
| Rent | -10% $-663 | -5% $-471 | +0% $-280 | +5% $-89 | +10% $102 |
| Rate | -1.0pp $31 | -0.5pp $-123 | base $-280 | +0.5pp $-441 | +1.0pp $-604 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $154,750
- Closing costs
- $18,570
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 81367 Avenida Camelia Indio, CA | 4.0 | 3.0 | 2061 | $3,195 | $1.55 | 45d | 1 | 0.41mi |
| 47820 Calle Zafiro Indio, CA | 3.0 | 2.0 | 2188 | $3,500 | $1.60 | 4d | 1 | 0.47mi |
| 80591 Tangelo Ct Indio, CA | 4.0 | 4.0 | 3371 | $5,000 | $1.48 | 45d | 1 | 0.52mi |
| 49084 Violet St Indio, CA | 4.0 | 2.5 | 1731 | $2,700 | $1.56 | 45d | 1 | 0.53mi |
| 47412 Harbour Lights Ln Indio, CA | 3.0 | 2.0 | 1650 | $4,000 | $2.42 | 14d | 1 | 0.54mi |
| 81291 Begonia Ct Indio, CA | 4.0 | 2.0 | 1731 | $7,500 | $4.33 | 45d | 1 | 0.56mi |
| 47537 Calle Diamante Indio, CA | 3.0 | 2.0 | 1772 | $3,200 | $1.81 | 45d | 1 | 0.58mi |
| 47884 Coronado Dr Indio, CA | 3.0 | 2.0 | 1808 | $2,995 | $1.66 | 26d | 1 | 0.59mi |
| 48841 Via Estacio Indio, CA | 4.0 | 3.0 | 2370 | $4,400 | $1.86 | 26d | 1 | 0.73mi |
| 80886 Avenue 50 Indio, CA | 4.0 | 3.0 | 2121 | $10,000 | $4.71 | 14d | 1 | 0.74mi |
| 49143 Gila River St Indio, CA | 5.0 | 3.5 | 3150 | $8,500 | $2.70 | 45d | 1 | 0.77mi |
| 80215 Queensboro Dr Indio, CA | 4.0 | 3.5 | 2514 | $3,600 | $1.43 | 45d | 1 | 0.81mi |
| 81871 Victoria St Indio, CA | 4.0 | 2.0 | 1826 | $3,400 | $1.86 | 45d | 1 | 0.91mi |
| 48219 Newport Bridge Pl Indio, CA | 4.0 | 4.0 | 2764 | $7,000 | $2.53 | 45d | 1 | 0.94mi |
| 48219 Newport Bridge Pl Indio, CA | 4.0 | 4.0 | 2764 | $7,500 | $2.71 | 7d | 1 | 0.94mi |
| 79953 Rancho La Quinta Dr La Quinta, CA | 4.0 | 4.5 | 3052 | $25,000 | $8.19 | 45d | 1 | 1.08mi |
| 50480 Los Verdes Way La Quinta, CA | 3.0 | 3.5 | 2975 | $10,000 | $3.36 | 45d | 1 | 1.09mi |
| 47870 Sumac St La Quinta, CA | 3.0 | 2.0 | 1760 | $4,175 | $2.37 | 45d | 1 | 1.12mi |
| 49120 Cochran Dr Indio, CA | 3.0 | 2.0 | 1655 | $2,850 | $1.72 | 45d | 1 | 1.12mi |
| 47780 Sumac St La Quinta, CA | 4.0 | 3.0 | 1920 | $3,300 | $1.72 | 45d | 1 | 1.12mi |
| 49133 Garland Rd Indio, CA | 3.0 | 2.0 | 1776 | $2,950 | $1.66 | 45d | 1 | 1.14mi |
| 49153 Garland Rd Indio, CA | 3.0 | 2.0 | 1655 | $2,850 | $1.72 | 18d | 1 | 1.15mi |
| 49221 Garland Rd Indio, CA | 3.0 | 2.0 | 1882 | $3,050 | $1.62 | 45d | 1 | 1.17mi |
| 80540 Via Terracina La Quinta, CA | 3.0 | 3.5 | 2535 | $12,000 | $4.73 | 45d | 1 | 1.17mi |
| 82013 Cochran Dr Indio, CA | 3.0 | 2.0 | 1796 | $3,300 | $1.84 | 45d | 1 | 1.17mi |
| 79918 Mission Dr E La Quinta, CA | 3.0 | 3.0 | 2635 | $18,000 | $6.83 | 45d | 1 | 1.17mi |
| 79910 Mission Dr E La Quinta, CA | 4.0 | 3.5 | 3349 | $25,000 | $7.46 | 20d | 1 | 1.18mi |
| 82235 Calico Ave Indio, CA | 4.0 | 2.0 | 1721 | $3,290 | $1.91 | 25d | 1 | 1.27mi |
| 79760 Desert Willow St La Quinta, CA | 3.0 | 2.5 | 2100 | $4,995 | $2.38 | 45d | 1 | 1.29mi |
| 82223 Travolta Ave Indio, CA | 3.0 | 2.0 | 1808 | $5,000 | $2.77 | 45d | 1 | 1.31mi |
| 79700 Desert Willow St La Quinta, CA | 3.0 | 2.5 | 2100 | $3,400 | $1.62 | 4d | 1 | 1.32mi |
| 48474 Vista Palomino La Quinta, CA | 4.0 | 4.0 | 3350 | $14,000 | $4.18 | 45d | 1 | 1.37mi |
| 79814 Joey Ct La Quinta, CA | 3.0 | 2.5 | 2485 | $4,225 | $1.70 | 45d | 1 | 1.40mi |
| 80071 Palm Circle Dr La Quinta, CA | 3.0 | 2.0 | 1650 | $2,850 | $1.73 | 26d | 1 | 1.41mi |
| 48245 Vista Calico La Quinta, CA | 4.0 | 3.0 | 2800 | $20,000 | $7.14 | 1d | 1 | 1.44mi |
| 48275 Vista Calico La Quinta, CA | 3.0 | 3.5 | 2635 | $15,000 | $5.69 | 45d | 1 | 1.45mi |
| 79930 Fiesta Dr La Quinta, CA | 3.0 | 2.0 | 1828 | $5,500 | $3.01 | 45d | 1 | 1.45mi |
| 48385 Vista Calico La Quinta, CA | 4.0 | 4.5 | 3288 | $17,000 | $5.17 | 45d | 1 | 1.48mi |
| 80291 Via Tesoro La Quinta, CA | 3.0 | 3.5 | 2254 | $5,800 | $2.57 | 45d | 1 | 1.48mi |
| 80287 Via Tesoro La Quinta, CA | 3.0 | 3.5 | 2284 | $10,000 | $4.38 | 45d | 1 | 1.49mi |
HOA detail
- Monthly dues
- $180 · $2,160/yr
- Likely covers
- watersecurity
Listing history 26 events
-
2026-06-21days on market $619,000 Active 65 DOM
-
2026-06-18days on market $619,000 Active 62 DOM
-
2026-06-17days on market $619,000 Active 61 DOM
-
2026-06-16days on market $619,000 Active 60 DOM
-
2026-06-15days on market $619,000 Active 59 DOM
-
2026-06-13days on market $619,000 Active 57 DOM
-
2026-06-13days on market $619,000 Active 56 DOM
-
2026-06-09days on market $619,000 Active 53 DOM
-
2026-06-08days on market $619,000 Active 52 DOM
-
2026-06-07days on market $619,000 Active 51 DOM
-
2026-06-04days on market $619,000 Active 48 DOM
-
2026-06-03days on market $619,000 Active 47 DOM
-
2026-06-02days on market $619,000 Active 46 DOM
-
2026-06-01days on market $619,000 Active 45 DOM
-
2026-05-31days on market $619,000 Active 44 DOM
-
2026-04-17$629,000 Active 1007-char remark
Show marketing remark (1007 chars)
Wow: This is 4-bedroom 3-bath home located in very desirable Las Brisas I, a gated family community. The mountain views and spectacular. Inside, the great room has a fireplace. The home has an upgraded two-zone Heat Pump HVAC System that keeps it energy efficient. The primary suite is a private retreat with double door entry and direct access to the rear leisure area. It features an expansive bedroom, a spa-like bathroom, and dual walk-in closets. The 2nd bedroom has a window to the rear leisure area, with direct door to the hall-bathroom, making it ideal for guests. The 3rd bedroom is versatile as an office/den, has a built-in desk. The kitchen has granite counters, with a large island, perfect for home chefs and entertainers alike. Laundry Room is access to the 3-vehical garage with built-in storage cabinets, attic storage access, a workbench, an EV charging outlet, and a Navien tankless hot water system. Ther rear yard has a 10X10 shed with paved access; the side yard has gated RV Parking.
-
2026-04-13historical $629,000 1007-char remark
Show marketing remark (1007 chars)
Wow: This is 4-bedroom 3-bath home located in very desirable Las Brisas I, a gated family community. The mountain views and spectacular. Inside, the great room has a fireplace. The home has an upgraded two-zone Heat Pump HVAC System that keeps it energy efficient. The primary suite is a private retreat with double door entry and direct access to the rear leisure area. It features an expansive bedroom, a spa-like bathroom, and dual walk-in closets. The 2nd bedroom has a window to the rear leisure area, with direct door to the hall-bathroom, making it ideal for guests. The 3rd bedroom is versatile as an office/den, has a built-in desk. The kitchen has granite counters, with a large island, perfect for home chefs and entertainers alike. Laundry Room is access to the 3-vehical garage with built-in storage cabinets, attic storage access, a workbench, an EV charging outlet, and a Navien tankless hot water system. Ther rear yard has a 10X10 shed with paved access; the side yard has gated RV Parking.
-
2010-02-26price $230,000 Closed 660-char remark
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2010-02-26soldstatus $230,000 Closed 660-char remark
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2010-02-26soldstatus $230,000 Closed
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2010-02-17historical 660-char remark
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2010-02-15status Pending
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2010-02-05price $253,900 660-char remark
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2010-02-03price $234,900
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2010-01-07$254,900 Active 660-char remark
Show marketing remark (660 chars)
This beautiful Las Brisas Bank Owned Home is move in ready. New carpet and paint throughout this 4 bedroom home. Complete with a Casita ideal for guests. Tile flooring, large open kitchen, master suite with huge bathroom. 3 Car garage and gated RV parking. Situated in the Gated Las Brisas community. Sold AS-IS, this bank/lender owned property is priced well below market and creates an excellant opportunity for you! It is one of the best condition REO properties we have seen. It is a turnkey property with awesome value. Buyer to verify any/all information as listing broker, agent & /or owner of record do not imply/express any guarantees/warranties.
-
2009-12-24$254,900 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $5,026 · $419/mo
- Projected year-2 tax
- $5,026 · $419/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥114°F today · 18 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $58,064
- − Mortgage interest
- −$34,674
- − Property taxes
- −$5,026
- − Insurance
- −$3,095
- − Repairs & maintenance
- −$4,645
- − Management
- −$4,645
- − HOA
- −$2,160
- − Depreciation
- −$18,007
- Taxable loss
- −$14,188
- Est. tax savings @ 24.0%
- +$3,405
- After-tax cash flow
- $41/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Coachella Valley Unified
- NCES district ID
- 0609070
- Math proficiency
- 12% ▼ -8.00%
- Reading proficiency
- 23% ▼ -6.00%
- Median HH income
- $37,683
- Composite
- 14.62/100
- National rank
- #9408
- State rank
- #481 of 517 in CA
Livability — Indio
- Score
- 53/100
- State rank
- #927
- US rank
- #24244
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Indio, CA
- County
- Riverside County · 2,287,001 people
- City population
- 100,560
- Metro
- Riverside-San Bernardino-Ontario, CA
- Population (ZIP)
- 65,825
- Household income
- $66,758
- Rent vs Own
- Severe rent burden
- 2036.0
Population outlook (Riverside County) Hauer SSP2
- Today (2025)
- 2,664,475 people
- By 2030
- 2,802,692 · +5.2%
- By 2040
- 3,050,904 · +14.5%
- By 2050
- 3,256,783 · +22.2%
- By 2075
- 3,655,058 · +37.2%
- By 2100
- 3,766,594 · +41.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Hispanic (74%)
- Race & ethnicity
- Hispanic / Latino 74% Two or more races 39% White 19% Black 3% Asian 3% Native American 1%
- Hispanic origin (detail)
- Mexican 69%
- Common ancestry
- Romanian 1% Iranian 1%
- Foreign-born
- 29% · Canada, Vietnam, Jamaica
- Languages at home
- 41% English-only · Spanish 55% Arabic 1% Tagalog/Filipino 1%
Political lean MEDSL · Riverside
- 2024 margin
- Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
- 2008→2024 swing
- -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
- All cycles
- 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -138.46%
- Current HPI
- 348.6605
- Rent YoY
- ▲ 3.34%
- Metro
- Riverside-San Bernardino-Ontario, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+146.8% since first listed11 events — show timeline
- 2026-04-17 Listed $629,000 GPSMLS
- 2026-04-13 Coming Soon $629,000 GPSMLS
- 2010-02-26 Sold (MLS) $230,000 CRMLS
- 2010-02-26 Sold (MLS) $230,000 GPSMLS
- 2010-02-26 Price Changed $230,000 GPSMLS
- 2010-02-17 Listing Removed — GPSMLS
- 2010-02-15 Pending — CRMLS
- 2010-02-05 Price Changed $253,900 GPSMLS
- 2010-02-03 Price Changed $234,900 CRMLS
- 2010-01-07 Listed $254,900 GPSMLS
- 2009-12-24 Listed $254,900 CRMLS
Property tax history
+1.3%/yrLatest (2025): $5,026 · -7.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…