300 Jones 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
Rental property for sale in Lake Havasu City at 300 Jones Dr, Lake Havasu City, AZ, 86406 priced at $998,000 converts $5,272/mo rent into after a $4,885/mo obligation. Total monthly income equals $5,272/mo. Return on cash invested prints 17.77% in year one, and rental yield reads 6.34% against a $998,000 entry. Equity gained on principal adds $6,440/yr, while 5% annual appreciation compiles into $275,729 by year five. Five-year ROI reaches 90.96% and total cumulative return in cash sums $298,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,272/mo property income covering a $4,885/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.36 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: Damon Griggs Sanchez • LH Keller Williams Arizona Living Realty
Mls Name: WARDEX
Mls ID: #030839