640 Grand Island DrLake Havasu CityAZ86403
Nearby investment properties with comparable rents
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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 640 Grand Island Dr, Lake Havasu City, AZ, 86403 offers $3,550/mo rent that, after a $3,671/mo payment. Total monthly income is $3,550/mo. Return on cash invested measures 15.76% in year one, and rental yield stands at 5.68% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 80.22% and total cumulative return in cash reaches $197,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,550/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sandy Shearn • Realty ONE Group Mountain Desert-LH
Mls Name: Lake Havasu AOR
Mls ID: #1038694