20 Observation DrTahoe CityCA96145
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
Investment Highlights
Rental property for sale in Tahoe City at 20 Observation Dr, Tahoe City, CA, 96145 offers $6,057/mo rent that, after a $8,321/mo payment. Total monthly income is $6,057/mo. Return on cash invested measures 10.65% in year one, and rental yield stands at 4.28% at a $1,700,000 entry. Equity gained on principal adds $10,970/yr while 5% annual appreciation compounds into $469,679 by year five. Five-year ROI records 53.11% and total cumulative return in cash reaches $292,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,057/mo property income versus a $8,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96145, Tahoe City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,765 (100%) |
| Owner Occupied HU | 884 (18.6%) |
| Renter Occupied HU | 511 (10.7%) |
| Vacant Housing Units | 3,370 (70.7%) |
| Median Home Value | $971,821 |
| Average Home Value | $1,153,903 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kate Wilkins • Compass
Mls Name: TSMLS
Mls ID: #20251269