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South Lake Tahoe, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,517
Monthly Cash Flow
-$1,262
Principal + Equity
$3,554
Annual Total Gain
$27,501
Cash on Cash
-9.38%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$406
Occupancy Rate
51.72%
Monthly Revenue
$4,800
Monthly Cash Flow
$301
Principal + Equity
$3,554
Annual Total Gain
$46,258
Cash on Cash %
2.23%
Net ROI %
Market Health & Growth
Median Income
$73,940
Population
21,319
LTR Renter %
53.88%
Forecast (1 yr)
-0.6%
Appreciation (1 yr)
-1.85%
Appreciation (5 yr)
34.31%
Appreciation (10 yr)
73.77%
Job Growth
0.65%
LTR Rentability
Moderate
STR Demand
58
STR Rentals
2,923
Top Public Schools
BMeyers Elementary School
BSouth Tahoe High School
B-
B-
B-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Best Suburbs to Live in California
#231out of 526 markets
Most Diverse Suburbs in California
#157out of 526 markets
Best Suburbs for Young Professionals in California
#119out of 526 markets
B
Public School
C
Crime And Safety
D
Housing
A-
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in South Lake Tahoe, CA.
In South Lake Tahoe, CA, there are specific regulations in place for Short Term Rentals (STR) that investors should be aware of before purchasing a property for this purpose. Some key regulations include:
1. Permit Requirement: In South Lake Tahoe, all STRs are required to obtain a permit from the city in order to operate legally. This permit must be renewed annually and failure to obtain a permit can result in fines and penalties.
2. Occupancy Limits: There are strict occupancy limits for STRs in South Lake Tahoe, with a maximum of 12 occupants allowed in a single-family home. This is to prevent overcrowding and ensure the safety of guests.
3. Noise Regulations: South Lake Tahoe has noise regulations in place to prevent disturbances to neighbors. Quiet hours are enforced between 10pm and 8am, and excessive noise can result in fines and penalties.
4. Parking Regulations: There are specific parking regulations for STRs in South Lake Tahoe, with a requirement for a certain number of parking spaces based on the size of the property. Parking on the street is also regulated to prevent congestion.
5. Transient Occupancy Tax: South Lake Tahoe imposes a Transient Occupancy Tax on all short term rentals, which must be collected from guests and remitted to the city. Failure to pay this tax can result in fines and penalties.
6. Code Compliance: All STRs in South Lake Tahoe must comply with building and safety codes, including fire safety regulations. Inspections may be conducted to ensure compliance with these regulations.
7. Community Impact: Investors should also be aware of the potential impact of STRs on the local community, including issues such as increased traffic, noise, and strain on infrastructure. It is important to consider the impact of STRs on the neighborhood before investing in a property for this purpose.
Overall, investors should thoroughly research and understand the regulations and requirements for Short Term Rentals in South Lake Tahoe before purchasing a property for this purpose. Compliance with these regulations is essential to avoid fines and penalties, and to ensure the successful operation of an STR in this market.
Market Trends Over Time
Explore 25 years of market data for South Lake Tahoe, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to South Lake Tahoe, CA.
The LTR Genie Score of South Lake Tahoe, CA is 52 and STR Genie Score is 67, indicating a moderate and high rating respectively. The LTR Rentability is moderate due to the stagnant LTR Rent Growth Rate of 0.0%, while the STR Net ROI of 28.64% is significantly higher than the LTR Net ROI of 17.03%. The 1-Year Price Appreciation Forecast of -0.6% suggests a slight decrease in property value. The STR Occupancy rate of 51.72% and STR Revenue of 4800 indicate a strong demand for short-term rentals in the area.
South Lake Tahoe, CA is a popular tourist destination known for its stunning natural beauty, outdoor recreational activities, and proximity to Lake Tahoe. The market experiences high demand for short-term rentals due to its appeal to vacationers throughout the year.
Based on the metrics provided, South Lake Tahoe, CA appears to be more attractive for short-term rental investment rather than long-term rental investment. The high STR Genie Score, strong STR Net ROI, and high STR Occupancy rate suggest that investing in short-term rentals in this market could yield better returns. However, investors should consider the slight decrease in property value forecast and carefully assess their risk tolerance before making a decision.