2635 Laverne DrLake Havasu CityAZ86404
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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 2635 Laverne Dr, Lake Havasu City, AZ, 86404 uses $56,322 cash to close to unlock $7,383/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $832/mo payment keeps the spread at $615/mo. Purchase price stands at $169,900, and rental yield measures 11.44% with $1,620/mo rent. Return on cash invested shows 33.02% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 172.84% and total cumulative return in cash records $97,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
7,405 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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Listed by: APX Real Estate Group • eXp Realty
Mls Name: Lake Havasu AOR
Mls ID: #1038614