1528 Chippewa StSouth Lake TahoeCA96150
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.13% gross rental yield, 1528 Chippewa St, South Lake Tahoe, CA, 96150 in South Lake Tahoe is priced for capital growth, not immediate cash flow. The $1,428,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $394,530 by year five, with $13,152/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.95) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $365,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 7.0% |
| Monthly Cash Flow | $(2,731) | $1,200 |
City averages based on South Lake Tahoe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,103 |
| Total Monthly Debt Service | $8,266 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
10,019 sqft 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
Nearby investment properties with comparable rents
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
Single Family
Built in 2005
10,019 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucy Woo • Giant Realty Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82024813