1989 Mesquite Ave #38Lake Havasu CityAZ86403
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.42% yield at 1989 Mesquite Ave #38, Lake Havasu City, AZ, 86403 in Lake Havasu City is solid, but the $677/mo payment compresses net cash flow to $49/mo at $150,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $41,580 by year five, and $1,386/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $61,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $49 | $1,250 |
City averages based on Lake Havasu City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,182 |
| Total Monthly Debt Service | $1,073 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1991
435.60 sqft lot
$N/A/sqft
$243 monthly HOA
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
Condo
Built in 1991
435.60 sqft lot
$N/A/sqft
$243 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: lh.rets.gboehner • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1035251
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.