12515 Schussing WayTruckeeCA96161
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Nearby investment properties with comparable prices
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
Rental property for sale in Truckee at 12515 Schussing Way, Truckee, CA, 96161 offers $6,940/mo rent that, after a $5,629/mo payment. Total monthly income is $6,940/mo. Return on cash invested measures 19.03% in year one, and rental yield stands at 7.24% at a $1,150,000 entry. Equity gained on principal adds $7,421/yr while 5% annual appreciation compounds into $317,724 by year five. Five-year ROI records 98.31% and total cumulative return in cash reaches $366,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,940/mo property income versus a $5,629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.33 Acres lot
$N/A/sqft
$2,907 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96161, Truckee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,783 (100%) |
| Owner Occupied HU | 5,476 (29.2%) |
| Renter Occupied HU | 2,412 (12.8%) |
| Vacant Housing Units | 10,895 (58.0%) |
| Median Home Value | $908,842 |
| Average Home Value | $1,029,997 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
8,128
Multi-Family
821
Businesses
846
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Listed by: Matthew B Biscotti • Coldwell Banker Select R.E.
Mls Name: STAOR
Mls Provider:
Mls ID: #140695
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 2024-02-06 10:55:15 PST. 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.