STR DSCR investor profile of South Lake Tahoe
South Lake Tahoe, CA is a low short-term rental DSCR market. Property type: Mountain ski / lake. Median home value approximately $695K. Average nightly rate: $405.
Occupancy rate in South Lake Tahoe averages approximately 55%, which combined with the nightly rate produces gross annual revenue per property of approximately $81K.
South Lake Tahoe STR. Permitted units required. STR regulatory environment in South Lake Tahoe: restrictive.
STR financing for South Lake Tahoe
STR-specific DSCR loans underwrite based on projected nightly revenue and occupancy rather than long-term lease income. Specialty lenders that fund STR DSCR include Easy Street Capital, Visio Lending, and several private money operators.
For a South Lake Tahoe property at the median value of $695K generating $405 per night at 55% occupancy, gross annual revenue runs approximately $81K.
South Lake Tahoe STR FAQ
Yes. STR-specific DSCR loans available through specialty lenders (Easy Street Capital, Visio Lending, others). Lenders underwrite based on projected nightly revenue and occupancy rather than long-term lease income.
South Lake Tahoe averages approximately 55% occupancy. Lenders typically underwrite with conservative occupancy assumptions (lower than peak) and require AirDNA or similar data.
Average nightly rates in South Lake Tahoe run approximately $405. Premium units (size, location, amenities) command meaningfully higher rates.
South Lake Tahoe STR regulatory environment is restrictive. New STR licenses may be capped or unavailable. Verify before acquisition.
STR gross revenue per property in South Lake Tahoe averages approximately $81K annually. Operating costs (cleaning, supplies, management, utilities, maintenance) typically consume 30-50% of gross — netting roughly 50-70% to operating income.
Easy Street Capital, Visio Lending, and several private money operators underwrite STR-specific DSCR using projected revenue. Some lenders require 12+ months of operating history; others will fund pre-operating projections.
Yes. Lendai Finance and similar specialty lenders fund foreign-national STR acquisitions. Down payments typically 30-50%.
South Lake Tahoe primarily mountain ski / lake property. Optimal STR property selection depends on guest demographics, amenity expectations, and local zoning.
STR regulations vary by city and change frequently. Verify current local rules before acquisition. STR revenue projections are directional — actual results vary.