1990 Audrain WayEcho LakeCA95721
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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
Rental property for sale in Echo Lake at 1990 Audrain Way, Echo Lake, CA, 95721 offers $3,068/mo rent that, after a $3,221/mo payment. Total monthly income is $3,068/mo. Return on cash invested measures 14.23% in year one, and rental yield stands at 5.6% at a $658,000 entry. Equity gained on principal adds $4,246/yr while 5% annual appreciation compounds into $181,793 by year five. Five-year ROI records 72.47% and total cumulative return in cash reaches $156,881. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,068/mo property income versus a $3,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95721, Echo Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 8 ( 8.3%) |
| Renter Occupied HU | 2 ( 2.1%) |
| Vacant Housing Units | 86 (89.6%) |
| Median Home Value | $625,000 |
| Average Home Value | $625,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
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Listed by: Dustin Allen • Sierra Sotheby's Int'l Realty
Mls Name: STAOR
Mls Provider:
Mls ID: #141042
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 2025-02-12 13:22:33 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.