439 Ala Wai Blvd APT 138South 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 439 Ala Wai Blvd APT 138, South Lake Tahoe, CA, 96150 offers a 4.08% rental yield on a $987,000 purchase with $3,355/mo rent. 89% in year one. Equity gained on principal adds $6,369/yr while 5% annual appreciation supports $272,690 over five years. Portfolio math shows five-year ROI at 49.11% and total cumulative return in cash at $159,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,355/mo property income against a $4,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1971
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: Mark A Salmon • Compass
Mls Name: STAOR
Mls ID: #142128