777 Harrah Way APT 508Lake Havasu CityAZ86403
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 777 Harrah Way APT 508, Lake Havasu City, AZ, 86403 in Lake Havasu City at $579,000, 4.77% gross yield, is a market-growth asset. Rental yield 4.77%. The $2,302/mo rent partially funds the $2,604/mo debt service; the core return is the 5%/yr price growth projected to add $159,967 over five years. Ziffy Mortgage's DSCR mortgage (0.88) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $119,748.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.2% |
| Monthly Cash Flow | $(1,571) | $1,250 |
City averages based on Lake Havasu City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,302 |
| Total Monthly Debt Service | $3,642 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1992
871.20 sqft lot
$N/A/sqft
$450 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1992
871.20 sqft lot
$N/A/sqft
$450 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Schmitz • Queens Real Estate by Connie
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1028565
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.