2304 Palo Verde Blvd NLake Havasu CityAZ86404
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
Investment Highlights
Investment property for sale in Lake Havasu City at 2304 Palo Verde Blvd N, Lake Havasu City, AZ, 86404 offers a 7.12% rental yield on a $355,900 purchase with $2,113/mo rent. Total monthly income registers $2,113/mo, and a $1,742/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $110/yr on $117,981 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $2,297/yr while 5% annual appreciation supports $98,329 over five years. Portfolio math shows five-year ROI at 103.01% and total cumulative return in cash at $121,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,113/mo property income against a $1,742/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 86404, Lake Havasu City, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,646 (100%) |
| Owner Occupied HU | 7,575 (59.9%) |
| Renter Occupied HU | 1,743 (13.8%) |
| Vacant Housing Units | 3,328 (26.3%) |
| Median Home Value | $465,210 |
| Average Home Value | $510,466 |
Housing Distribution
Address Breakdown
Residential
10,995
Single Family
10,093
Multi-Family
902
Businesses
220
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Nearby investment properties with comparable prices
Listed by: Richard LaFave • LaFave Realty & Property Management
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1032736
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.