With single family homes at some of the best prices ever for new homes and resales in the Coachella Valley, due to the unfortunate mortgage problem, its a good time to jump into the market. Indio has a good number of new homes both on the north side of the I-10 and the south side. If you're interested in more information like average price per square foot to lease out a house give me a call or send me a e-mail. Judy Genton
The address is 1423 2nd street .Each unit is one bedroom @ 500 sq.feet.
The rental income is $2000/month .If you are interested call me at 949-467-1410 .
I have an associate that handles a lot of rentals in Indio and he says it's the hottest market he's seen in a long time. Probably has something to do with the fact that a lot of people have lost their homes and now they need to rent. On the seasonal side, it's always good if you are in Indian Palms for example as they have a golf course and people return there year after year. You can pick up a place for rock bottom prices right now and depending on how much you put down, have positive cash flow.