1989 Mesquite Ave UNIT 32Lake 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
Rental property for sale in Lake Havasu City at 1989 Mesquite Ave UNIT 32, Lake Havasu City, AZ, 86403 generates $1,328/mo in rent and, after a $717/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,328/mo, and annual cash flow is $2,665/yr on $48,565 invested. Return on cash invested sits at 25.4% in year one, and rental yield is 10.88% on a $146,500 entry. Equity gained on principal adds $945/yr, while 5% annual appreciation builds toward $40,475 over five years. Five-year ROI reaches 134.14% and total cumulative return in cash sums $65,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,328/mo property income rather than buyer’s personal income.
Condo
Built in 1991
435.60 sqft lot
$N/A/sqft
$240 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Dorothy Cole-Lane • Coldwell Banker Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1032401
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.