2608 Rango CtLake Havasu CityAZ86406
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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
Rental property for sale in Lake Havasu City at 2608 Rango Ct, Lake Havasu City, AZ, 86406 priced at $615,000 converts $2,644/mo rent into after a $3,010/mo obligation. Total monthly income equals $2,644/mo. Return on cash invested prints 14.18% in year one, and rental yield reads 5.16% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 71.72% and total cumulative return in cash sums $145,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,644/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 2004
10,454 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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Nearby investment properties with comparable prices
Listed by: The Vicki Runyon Group • Keller Williams Arizona Living Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1035081
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.