$800,000
●
House -
Off Market
84450 Onda Drive
Indio, CA 92203
4 Beds
2 Baths
2,478 Ft²
$4,351
Est. Monthly
$300
HOA / Fees
7.40%
Cap Rate
About This Property
This stunning short-term rental property in Indio's desirable Terra
Lago community is a prime investment opportunity. Boasting 4
spacious bedrooms and a versatile den currently utilized as a 5th
bedroom, this home is being sold fully furnished and turnkey,
making it ideal for use as a second home or a revenue-generating
vacation rental. The first floor features newer laminate plank
flooring, while the kitchen is equipped with quartz countertops and
a custom backsplash, offering both style and functionality. The
3-car garage has been transformed into a climate-controlled game
room with polished floors, adding an extra layer of entertainment
and value. Additional highlights include an electronic vehicle
charging station and leased solar panels for energy efficiency. The
backyard is an entertainer's dream, complete with an alumna wood
patio cover, an outdoor kitchen featuring a gas BBQ, and a large
island to gather around with seating for four. You'll enjoy a
spacious yard that easily accommodates 8 sun loungers, a gas
firepit, a putting green, This stunning short-term rental property
in Indio's desirable Terra Lago community is a prime investment
opportunity. Boasting 4 spacious bedrooms and a versatile den
currently utilized as a 5th bedroom, this home is being sold fully
furnished and turnkey, making it ideal for use as a second home or
a revenue-generating vacation rental. The first floor features
newer laminate plank flooring, while the kitchen is equipped with
quartz countertops and a custom backsplash, offering both style and
functionality. The 3-car garage has been transformed into a
polished, climate-controlled game room, adding an extra layer of
entertainment and value. Additional highlights include an
electronic vehicle charging station and leased solar panels for
energy efficiency. The backyard is an entertainer's dream, complete
with an alumna wood patio cover, an outdoor kitchen featuring a gas
BBQ, and an island with seating for four. Guests and residents can
enjoy the outdoor shower, a spacious yard that accommodates up to 8
sun loungers, a gas firepit, a putting green, outdoor shower, and a
ping pong table. Situated on a corner lot, this property also
offers enhanced privacy for its occupants.
Unit Size
2,478 Ft²
Days on Market
308 days
Land Size
0.20 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
2006
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 7 months ago (CRMLS #219131255DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$825,000
↓ $73K
(8.1%) | |
| Price Decreased | |||
| Dec 24, 2025 | Price Decreased |
$898,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Ron Saporito, Ronald Christopher & Assoc.
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219131255DA
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219131255DA
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