1080 Julie Ln SPACE 120South 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 SPACE 120, South Lake Tahoe, CA, 96150 uses $75,416 cash to close to unlock $2,450/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,611/mo, and a $1,114/mo payment keeps the spread at $204/mo. Purchase price stands at $227,500, and rental yield measures 8.5% with $1,611/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 120.31% and total cumulative return in cash records $90,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,611/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
33.19 Acres lot
$N/A/sqft
No 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 ID: #142302