3021 Lera LnLake 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 3021 Lera Ln, Lake Havasu City, AZ, 86404 earns $315/mo cash flow from $1,349/mo rent with a $856/mo payment. Total monthly income totals $1,349/mo, and annual cash flow totals $3,782/yr on $57,988 capital. ROI tracks 26.43% on current figures, and rental yield reads 9.25% at a $174,927 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,329 over five years. Five-year ROI reaches 137.52% and total cumulative return in cash sums $79,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,349/mo property income instead of your personal income.
Manufactured
Built in 1988
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri Usher Barbour • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls ID: #1037789