3645 Challenger 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 3645 Challenger Dr, Lake Havasu City, AZ, 86406 generates $3,091/mo in rent, after a $4,062/mo payment. Total monthly income is $3,091/mo. Return on cash invested sits at 12.09% in year one, and rental yield is 4.47% on a $829,999 entry. Equity gained on principal adds $5,356/yr, while 5% annual appreciation builds toward $229,313 over five years. Five-year ROI reaches 60.49% and total cumulative return in cash sums $165,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,091/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.28 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: Noreen Gilmartin • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1033133
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.