921 Modesto AveSouth 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
Total monthly income runs $2,891/mo, and a $2,594/mo payment. Purchase price stands at $530,000, and rental yield measures 6.55% with $2,891/mo rent. Return on cash invested shows 17.39% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 89.32% and total cumulative return in cash records $155,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,891/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,098 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: Donald S Souers • Berkshire Hathaway HS - SLT
Mls Name: STAOR
Mls ID: #142410