1080 Julie Ln #199South Lake TahoeCA96150
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in South Lake Tahoe at 1080 Julie Ln #199, South Lake Tahoe, CA, 96150 listed at $215,000 pairs $1,608/mo rent with a $1,052/mo payment. Total monthly income runs $1,608/mo. Return on cash invested measures 10.79% in year one, and rental yield registers 8.97% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 58.98% and total cumulative return in cash totals $42,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,608/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
1,000 sqft lot
$N/A/sqft
$820 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96150, South Lake Tahoe, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,165 (100%) |
| Owner Occupied HU | 6,582 (27.2%) |
| Renter Occupied HU | 6,314 (26.1%) |
| Vacant Housing Units | 11,269 (46.6%) |
| Median Home Value | $752,056 |
| Average Home Value | $832,257 |
Housing Distribution
Address Breakdown
Residential
10,598
Single Family
9,164
Multi-Family
1,434
Businesses
983
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Listed by: Patricia A Balibrera • RE/MAX Gold - SLT
Mls Name: STAOR
Mls Provider:
Mls ID: #140085
Disclaimer: Information being provided is for consumers' personal, non-commercial use and 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. Copyright South Tahoe Association of Realtors. Based on information from the South Tahoe Association of REALTORS MLS as of 2025-06-16 21:20:16 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.