489 Tahoe Keys Blvd APT 68South 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 489 Tahoe Keys Blvd APT 68, South Lake Tahoe, CA, 96150 offers a 10.88% rental yield on a $310,000 purchase with $2,810/mo rent. Total monthly income registers $2,810/mo, and a $1,517/mo payment leaves $893/mo available for distribution. Annual cash flow reaches $10,711/yr on $102,765 to close, and return on cash invested stands at 30.33% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 158.73% and total cumulative return in cash at $163,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,810/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1975
435.60 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: Peter Delilli • Sierra Sotheby's Int'l Realty
Mls Name: STAOR
Mls ID: #142386