516 Emerald Bay Rd #425South Lake TahoeCA96150
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.73 makes 516 Emerald Bay Rd #425, South Lake Tahoe, CA, 96150 in South Lake Tahoe one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.35%. The 9.35% yield, 5% annual appreciation ($55,256 over five years), and $1,842/yr in principal reduction project a total cumulative return of $62,194.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $(251) | $1,200 |
City averages based on South Lake Tahoe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,558 |
| Total Monthly Debt Service | $1,730 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1972
N/A lot
$N/A/sqft
$572 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
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 1972
N/A lot
$N/A/sqft
$572 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bethany Lopez • Bethany Lopez Real Estate
Mls Name: TSMLS
Mls Provider:
Mls ID: #20242402
Disclaimer: The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The information being provided is for the consumers personal , non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Tahoe Sierra Multiple Listing Service. All rights reserved.