1234 Melba Dr UNIT 9,South Lake Tahoe,CA,96150

Investment Highlights

Rental property for sale in South Lake Tahoe at 1234 Melba Dr UNIT 9, South Lake Tahoe, CA, 96150 generates $2,576/mo in rent and, after a $881/mo payment, leaves $1,463/mo in cash flow. Total monthly income is $2,576/mo, and annual cash flow is $17,550/yr on $59,670 invested. Return on cash invested sits at 49.32% in year one, and rental yield is 17.17% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 260.58% and total cumulative return in cash sums $155,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.