2094 Mesquite Ave UNIT 113Lake 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 2094 Mesquite Ave UNIT 113, Lake Havasu City, AZ, 86403 uses $58,510 cash to close to unlock $5,611/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $1,686/mo, and a $864/mo payment keeps the spread at $468/mo. Purchase price stands at $176,500, and rental yield measures 11.46% with $1,686/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $48,764 over five years. Five-year ROI reaches 155.23% and total cumulative return in cash records $90,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,686/mo property income covering a $864/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$175 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Patty Caperon • Coldwell Banker Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1036092
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.