3115 N Lake Blvd #18Tahoe CityCA96145
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 3115 N Lake Blvd #18, Tahoe City, CA, 96145 in Tahoe City worth modelling. At $550,000 with a 9.16% gross yield, the $4,199/mo rent leaves $78/mo after the $2,473/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.70 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $151,955 by year five; $5,066/yr in principal reduction adds further equity. Total projected return: $259,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.0% |
| Monthly Cash Flow | $78 | $300 |
City averages based on Tahoe City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,199 |
| Total Monthly Debt Service | $3,184 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1971
871.20 sqft 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
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
Townhouse
Built in 1971
871.20 sqft 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: Norman E Kitching • Chase International - TC
Mls Name: TSMLS
Mls ID: #20260102