3970 Coral Reef 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
Investment property for sale in Lake Havasu City at 3970 Coral Reef Dr, Lake Havasu City, AZ, 86406 listed at $489,000 pairs $3,538/mo rent with a $2,393/mo payment to leave $648/mo cash flow. Total monthly income runs $3,538/mo, and annual cash flow reaches $7,774/yr on $162,104 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 8.68% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 128.19% and total cumulative return in cash totals $207,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,538/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.45 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: Tiffani Lambro & Co. • Havasu Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1033283
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.