777 Harrah Way APT 116Lake Havasu CityAZ86403
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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 777 Harrah Way APT 116, Lake Havasu City, AZ, 86403 listed at $420,000 pairs $2,292/mo rent with a $2,056/mo payment. Total monthly income runs $2,292/mo. Return on cash invested measures 18.26% in year one, and rental yield registers 6.55% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 93.63% and total cumulative return in cash totals $130,363. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
871.20 sqft lot
$N/A/sqft
No HOA
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Listed by: Marsee Wilhems • eXp Realty
Mls Name: MLS of Southern Arizona
Mls ID: #22522297