1775 Bimini Ln #3Lake 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 1775 Bimini Ln #3, Lake Havasu City, AZ, 86403 earns from $1,546/mo rent with a $1,101/mo payment. Total monthly income totals $1,546/mo. ROI tracks 19.37% on current figures, and rental yield reads 8.25% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 101.07% and total cumulative return in cash sums $75,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,546/mo property income instead of your personal income.
Condo
Built in 1993
871.20 sqft lot
$N/A/sqft
$250 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Frank Novosel • Re/Max By The Lake
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1036133
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.