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Closed
Closed

$425,000

($94,951 down)
FHA

81400 Palmyra Avenue, Indio, CA 92201

4
2
1,281 sqft
PITI Monthly
$2,394.42 /mo

Listing courtesy of: Alyssa Leos, HomeSmart

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,556 /mo
$2,354 /mo
$36,923 in interest paid off

What's Special

REMODELED
SHOPPING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
COZY
4 Bed, 2 Bath Home in Indio - Perfect for STRS! Discover the charm and convenience of this beautiful home, ideal for short-term rental opportunities.
Located minutes from the Coachella Festival grounds, and in close proximity to Lyndon B Johnson Elementary School, Indio Middle School, and Indio
High School, as well as various shopping centers, this property offers both comfort and accessibility. Step into a modern kitchen featuring rich brown
wooden cabinets, elegant granite countertops, and a versatile island with a bar area perfect for entertaining or enjoying casual meals. Th... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 10 months
Monthly PITI
$2,394.42/mo
Estimated Loan Balance
$353,570
Cash to close
$94,951
Interest Paid
$36,923

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Masonry, Wood
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oasis Palms
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $331.77
  • Tax Annual Amount: $5312.5
  • On Market Date: Jul 22, 2024
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Savings Calculator

Current cash to close is $94,951 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
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0%20%50%

You cover the entire equity of $94,951!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$330,049
Your Cash$94,951
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,556/mo
Traditional @ 7.15%
$2,442/mo
You save $887/month ($10,638/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219114448DA

Listing From:

Last updated: Nov 17, 2024 10:10pm

© 2025, CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,556 /mo
$2,354 /mo
$36,923 in interest paid off
Inquire about this property
​
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​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $94,951 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$
0%20%50%

You cover the entire equity of $94,951!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$330,049
Your Cash$94,951
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,556/mo
Traditional @ 7.15%
$2,442/mo
You save $887/month ($10,638/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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