1566 Palace Way UNIT 16Lake Havasu CityAZ86403
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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 Lake Havasu City at 1566 Palace Way UNIT 16, Lake Havasu City, AZ, 86403 earns from $1,942/mo rent with a $1,884/mo payment. Total monthly income totals $1,942/mo. ROI tracks 16.77% on current figures, and rental yield reads 6.05% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 85.66% and total cumulative return in cash sums $109,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,942/mo property income instead of your personal income.
Townhouse
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kimberly Foti • Coldwell Banker Realty
Mls Name: Lake Havasu AOR
Mls ID: #1038721