3133 Erwin LnLake 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 3133 Erwin Ln, Lake Havasu City, AZ, 86404 offers a 5.43% rental yield on a $280,000 purchase with $1,267/mo rent. 9% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 75.63% and total cumulative return in cash at $70,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
5,662 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: A Team • Coldwell Banker Realty
Mls Name: Lake Havasu AOR
Mls ID: #1038108