1351 London Bridge Rd UNIT 2Lake Havasu CityAZ86404
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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
Rental property for sale in Lake Havasu City at 1351 London Bridge Rd UNIT 2, Lake Havasu City, AZ, 86404 generates $4,901/mo in rent, after a $4,552/mo payment. Total monthly income is $4,901/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 6.32% on a $930,000 entry. Equity gained on principal adds $6,001/yr, while 5% annual appreciation builds toward $256,942 over five years. Five-year ROI reaches 90.71% and total cumulative return in cash sums $277,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,901/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86404, Lake Havasu City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,646 (100%) |
| Owner Occupied HU | 7,575 (59.9%) |
| Renter Occupied HU | 1,743 (13.8%) |
| Vacant Housing Units | 3,328 (26.3%) |
| Median Home Value | $465,210 |
| Average Home Value | $510,466 |
Housing Distribution
Address Breakdown
Residential
10,995
Single Family
10,093
Multi-Family
902
Businesses
220
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Listed by: Karla Dunavant • Refuge Real Estate, Inc.
Mls Name: Lake Havasu AOR
Mls ID: #1036902