2175 Snead Dr #6Lake Havasu CityAZ86406
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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
Total monthly income runs $1,934/mo, and a $2,142/mo payment. Purchase price stands at $437,700, and rental yield measures 5.3% with $1,934/mo rent. Return on cash invested shows 14.51% in year one, and 5% annual appreciation builds toward $120,928 over five years. Five-year ROI reaches 73.55% and total cumulative return in cash records $106,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $2,142/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86406, Lake Havasu City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,193 (100%) |
| Owner Occupied HU | 9,499 (62.5%) |
| Renter Occupied HU | 2,400 (15.8%) |
| Vacant Housing Units | 3,294 (21.7%) |
| Median Home Value | $458,898 |
| Average Home Value | $507,062 |
Housing Distribution
Address Breakdown
Residential
14,084
Single Family
13,399
Multi-Family
685
Businesses
175
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Listed by: Brenda Fischer • Keller Williams Arizona Living Realty
Mls Name: Lake Havasu AOR
Mls ID: #1038142