571 Burkemo Ln APT 2, Lake Havasu City, AZ, 86406 | $120/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Havasu City at 571 Burkemo Ln APT 2, Lake Havasu City, AZ, 86406 priced at $245,000 converts $1,758/mo rent into $120/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,758/mo, and annual cash flow totals $1,439/yr on $81,218 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 8.61% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 112.99% and total cumulative return in cash sums $91,764. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,758/mo property income covering a $1,199/mo payment, not borrower’s personal income.

Condo

Built in 1969

N/A lot

$N/A/sqft

$190 monthly 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