1513 Cree StSouth 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 1513 Cree St, South Lake Tahoe, CA, 96150 with 5% annual appreciation on a $1,625,000 basis while $6,686/mo rent supports operations. 7% in year one. Equity gained on principal adds $10,486/yr, and five-year appreciation sums $448,958 alongside rental yield of 4.94%. Five-year ROI measures 64.06% and total cumulative return in cash totals $337,300. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,686/mo property income versus a $7,954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.25 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: Christopher Wolfe • eXp Realty of California Inc
Mls Name: MetroList Services of CA
Mls ID: #225124461