1795 Bimini Ln UNIT A4Lake Havasu CityAZ86403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1795 Bimini Ln UNIT A4, Lake Havasu City, AZ, 86403 offers a 9.97% rental yield on a $219,000 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $1,072/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,604/yr on $72,599 to close, and return on cash invested stands at 24.87% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 130.49% and total cumulative return in cash at $94,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
871.20 sqft lot
$N/A/sqft
$225 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: APX Real Estate Group • eXp Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1035648
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.