1650 Smoketree Ave S UNIT 116,Lake Havasu City,AZ,86403

Investment Highlights

Investment property for sale in Lake Havasu City at 1650 Smoketree Ave S UNIT 116, Lake Havasu City, AZ, 86403 listed at $279,000 pairs $1,787/mo rent with a $1,366/mo payment to leave $137/mo cash flow. Total monthly income runs $1,787/mo, and annual cash flow reaches $1,648/yr on $92,489 cash to close. Return on cash invested measures 21.69% in year one, and rental yield registers 7.69% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 112.07% and total cumulative return in cash totals $103,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,787/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).