2212 Kiowa Blvd N UNIT 231Lake Havasu CityAZ86403
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2212 Kiowa Blvd N UNIT 231, Lake Havasu City, AZ, 86403 in Lake Havasu City earns a 8.55% gross yield at $289,500. Rent of $2,063/mo nets $352/mo after the $1,302/mo mortgage. The 1.58 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $79,984 and $2,666/yr in equity accumulation project a total cumulative return of $132,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.2% |
| Monthly Cash Flow | $352 | $1,250 |
City averages based on Lake Havasu City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,063 |
| Total Monthly Debt Service | $1,596 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darlene Covino • Re/Max By The Lake
Mls Name: Lake Havasu AOR
Mls ID: #1038124