1989 Mesquite Ave UNIT 2Lake Havasu CityAZ86403
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1989 Mesquite Ave UNIT 2, Lake Havasu City, AZ, 86403 in Lake Havasu City. At $141,000 it earns $1,333/mo in rent and distributes $500/mo to the owner after the $634/mo payment, a consistent 11.35% yield. DSCR 2.10 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $38,956 in value; $1,299/yr in principal paydown compounds ownership stake. Total projected return: $85,469.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.2% |
| Monthly Cash Flow | $500 | $1,250 |
City averages based on Lake Havasu City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,333 |
| Total Monthly Debt Service | $777 |
| DSCR Ratio | 1.71x |
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
No 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
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobby & Julie Lewis Team • Re/Max By The Lake
Mls Name: Lake Havasu AOR
Mls ID: #1038054