80957 Rio Grande Avenue
About This Property
Located in a desirable Indio neighborhood, this inviting residence features a functional layout with a combined living and dining area, creating a comfortable space for everyday living and entertaining. Natural light fills the home, enhancing the warm and welcoming atmosphere. The updated kitchen showcases sleek countertops, custom cabinetry, and stainless-steel appliances, offering a stylish and efficient cooking space that connects conveniently to the dining area.
The living and dining room combination provides ample space for gatherings while maintaining a traditional, well-defined floor plan. This layout offers flexibility for furniture placement and entertaining without the openness of a great-room design.
The primary bedroom suite is a private retreat featuring generous proportions and an updated ensuite bathroom with modern fixtures, a luxurious shower, and contemporary finishes. Three additional bedrooms offer versatility for guests, a home office, or a fitness space.
Step outside to a completely remodeled backyard oasis, where a brand-new pool and spa, newly installed concrete hardscape, and a stylish gazebo create an ideal environment for relaxation and entertaining. This thoughtfully upgraded outdoor space elevates both lifestyle enjoyment and rental appeal.
Situated in the heart of Indio, close to world-class golf, iconic festivals, and year-round attractions, this home presents a rare opportunity to enjoy desert living while benefiting from a strong short-term rental history.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Listed by Equity Union | $580,000 | |
| Listed by Equity Union | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017