2157 Balboa DrSouth 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 2157 Balboa Dr, South Lake Tahoe, CA, 96150 projects strong ROI of 3.12%. Rental yield 1.92%. With 5% annual appreciation, the property builds $1,656,308 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.81%, translating into $248,879 in total cumulative return on $1,942,380 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
$1,261 quarterly 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: Adele L Lucas • Chase International - SLT
Mls Name: STAOR
Mls Provider:
Mls ID: #140004
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 2024-02-06 10:55:15 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.