2985 Thistle DrLake 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
Investment property for sale in Lake Havasu City at 2985 Thistle Dr, Lake Havasu City, AZ, 86406 offers a 11.13% rental yield on a $367,500 purchase with $3,410/mo rent. Total monthly income registers $3,410/mo, and a $1,799/mo payment leaves $1,237/mo available for distribution. Annual cash flow reaches $14,848/yr on $121,826 to close, and return on cash invested stands at 32.1% in year one. Equity gained on principal adds $2,371/yr while 5% annual appreciation supports $101,533 over five years. Portfolio math shows five-year ROI at 167.86% and total cumulative return in cash at $204,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,410/mo property income against a $1,799/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.26 Acres 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: Marcia Paulino • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls ID: #1035431