1989 Mesquite Ave #38Lake 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
Rental property for sale in Lake Havasu City at 1989 Mesquite Ave #38, Lake Havasu City, AZ, 86403 generates $1,182/mo in rent and, after a $737/mo payment, leaves $49/mo in cash flow. Total monthly income is $1,182/mo, and annual cash flow is $588/yr on $49,891 invested. Return on cash invested sits at 21.09% in year one, and rental yield is 9.42% on a $150,500 entry. Equity gained on principal adds $971/yr, while 5% annual appreciation builds toward $41,580 over five years. Five-year ROI reaches 110.9% and total cumulative return in cash sums $55,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,182/mo property income rather than buyer’s personal income.
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.