1989 Mesquite Ave UNIT 29Lake 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 1989 Mesquite Ave UNIT 29, Lake Havasu City, AZ, 86403 offers a 10.02% rental yield on a $156,000 purchase with $1,302/mo rent. Total monthly income registers $1,302/mo, and a $764/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,553/yr on $51,714 to close, and return on cash invested stands at 28.71% in year one. Equity gained on principal adds $1,007/yr while 5% annual appreciation supports $43,100 over five years. Portfolio math shows five-year ROI at 149.77% and total cumulative return in cash at $77,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,302/mo property income against a $764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
416 sqft lot
$N/A/sqft
No HOA
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Listed by: Diana Wright • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls ID: #1038113








