6944 N Lake Blvd #59Tahoe VistaCA96148
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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 Tahoe Vista at 6944 N Lake Blvd #59, Tahoe Vista, CA, 96148 uses $99,119 cash to close to unlock $1,233/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $1,463/mo payment keeps the spread at $103/mo. Purchase price stands at $299,000, and rental yield measures 7.83% with $1,952/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash records $108,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Townhouse
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96148, Tahoe Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,537 (100%) |
| Owner Occupied HU | 375 (24.4%) |
| Renter Occupied HU | 204 (13.3%) |
| Vacant Housing Units | 958 (62.3%) |
| Median Home Value | $980,183 |
| Average Home Value | $1,158,193 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
40
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Listed by: Nicole S Misfeldt • Hester Real Estate
Mls Name: TSMLS
Mls ID: #20252541