230 Zellmer LnMarkleevilleCA96120
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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 Markleeville at 230 Zellmer Ln, Markleeville, CA, 96120 listed at $639,400 pairs $4,303/mo rent with a $3,130/mo payment to leave $347/mo cash flow. Total monthly income runs $4,303/mo, and annual cash flow reaches $4,165/yr on $210,363 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 8.08% at a $639,400 basis. Equity gained on principal adds $4,126/yr, and annual property appreciation at 5% supports $176,654 by year five. Five-year ROI tracks 114.25% and total cumulative return in cash totals $240,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,303/mo property income relative to a $3,130/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96120, Markleeville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 305 (30.1%) |
| Renter Occupied HU | 115 (11.4%) |
| Vacant Housing Units | 593 (58.5%) |
| Median Home Value | $566,406 |
| Average Home Value | $695,107 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
318
Multi-Family
1
Businesses
55
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Listed by: Denise E Gemmill • South Fork Realty
Mls Name: STAOR
Mls Provider:
Mls ID: #140944
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 2025-11-02 22:00:27 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.