43835 Mezzelune WAY Active Save Request In-Person Tour Request Virtual Tour
Indio,CA 92203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,886 sqft
Price per Sqft $227
Subdivision Four Seasons At Terra Lago
MLS Listing ID 219135337
Bedrooms 2
Full Baths 2
HOA Fees $300/mo
HOA Y/N Yes
Year Built 2021
Lot Size 7,174 Sqft
Property Sub-Type Single Family Residence
Property Description
PRICED TO SELL!FULLY MANAGED 55+ RENTAL WITH LONG TERM TENANT IN PLACE AND PAID SOLAR! signed specifically for the hands-off investor, this new, tenant-occupied asset is now available at a reduced price of $429,000, offering immediate cash flow. The 6.48% CAP RATE is calculated after all operating expenses, including the full professional property management fee, are deducted. With this property, you're investing in a steady and predictable income stream rather than a job. Key highlights include: ✅ Fully Managed—enjoy zero operational hassle or landlord risk. ✅ Solar-Owned—an entirely owned solar system provides a strong operational hedge, enhancing NOI stability. ✅ NOI (Net Annual Profit)—a healthy $27,794. ✅ Low Risk—built in 2020, located in the highly desirable 55+ community of FOUR SEASONS AT TERRA LAGO, with a long-term tenant already in place. Engineered for the Hands-Off Investor. This newer construction, tenant-occupied asset is priced for immediate cash-flow at $429,000. The 6.48 CAP RATE net of all operating expenses includes the full professional property management fee. You are buying a secure, predictable income stream, not a job. KEY FEATURES: Fully Managed: Zero operational hassle or landlord risk. Solar-Owned:100% Owned solar system provides a significant operational hedge, boosting NOI stability. NOI (Net Annual Profit): A robust $27,794. Low Risk: Newer construction (2020) in a highly desirable 55+ community with a long-term tenant in place.
Location
State CA
County Riverside
Area 309 - Indio North Of I-10
Interior
Heating Central
Cooling Central Air
Furnishings Turnkey
Fireplace false
Exterior
Exterior Feature Solar System Owned
Parking Features true
Garage Spaces 2.0
Fence Block,Brick,Privacy
Utilities Available Cable TV,Water Connected,Sewer Connected,Phone Connected,Natural Gas Connected,Electricity Connected
View Y/N true
View Mountain(s),Peek-A-Boo
Private Pool No
Building
Lot Description Back Yard,Landscaped,Private
Story 1
Entry Level One
Sewer In Street Paid
Level or Stories One
Others
HOA Fee Include Building & Grounds,Cable TV,Clubhouse,Maintenance Paid,Security,Sewer,Trash,Utilities
Senior Community Yes
Acceptable Financing 1031 Exchange,Cash,Cash to New Loan,Conventional
Listing Terms 1031 Exchange,Cash,Cash to New Loan,Conventional
Special Listing Condition Standard