1989 Mesquite Ave Unit 46Lake 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 46, Lake Havasu City, AZ, 86403 uses $42,764 cash to close to unlock $2,578/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $977/mo, and a $631/mo payment keeps the spread at $215/mo. Purchase price stands at $129,000, and rental yield measures 9.09% with $977/mo rent. Return on cash invested shows 25.94% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 134.81% and total cumulative return in cash records $57,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $977/mo property income covering a $631/mo payment rather than investor’s personal income.
Condo
Built in 1991
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Carrie Stryjewski • Rogue Realty
Mls Name: Lake Havasu AOR
Mls ID: #1039123