516 Emerald Bay Rd #121South 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 516 Emerald Bay Rd #121, South Lake Tahoe, CA, 96150 earns from $2,130/mo rent with a $1,292/mo payment. Total monthly income totals $2,130/mo. ROI tracks 18.14% on current figures, and rental yield reads 9.68% at a $264,000 purchase. Equity gained on principal adds $1,704/yr, and 5% annual appreciation supports $72,938 over five years. Five-year ROI reaches 96.46% and total cumulative return in cash sums $84,421. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,130/mo property income instead of your personal income.
Condo
Built in 1972
871 sqft lot
$N/A/sqft
$577 monthly 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: Jim Mathews • Realty World Lake Tahoe
Mls Name: STAOR
Mls Provider:
Mls ID: #141290
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 2025-06-16 21:20:16 PDT. 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.