2081 Venice Dr APT 280South 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 2081 Venice Dr APT 280, South Lake Tahoe, CA, 96150 earns from $3,496/mo rent with a $4,302/mo payment. Total monthly income totals $3,496/mo. ROI tracks 12% on current figures, and rental yield reads 4.77% at a $879,000 purchase. Equity gained on principal adds $5,672/yr, and 5% annual appreciation supports $242,851 over five years. Five-year ROI reaches 60.41% and total cumulative return in cash sums $174,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,496/mo property income instead of your personal income.
Townhouse
Built in 1969
871.20 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
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Listed by: Michael A Keller • Keller Properties
Mls Name: STAOR
Mls ID: #142430