3401 Hondo LnLake Havasu CityAZ86406
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 3401 Hondo Ln, Lake Havasu City, AZ, 86406 listed at $509,500 pairs $2,446/mo rent with a $2,494/mo payment. Total monthly income runs $2,446/mo. Return on cash invested measures 16.01% in year one, and rental yield registers 5.76% at a $509,500 basis. Equity gained on principal adds $3,288/yr, and annual property appreciation at 5% supports $140,765 by year five. Five-year ROI tracks 81.55% and total cumulative return in cash totals $136,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,446/mo property income relative to a $2,494/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.32 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: Kathryn Ludwig • Keller Williams Arizona Living Realty
Mls Name: Lake Havasu AOR
Mls ID: #1036353