929 Genoa DrLake Havasu CityAZ86403
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 929 Genoa Dr, Lake Havasu City, AZ, 86403 in Lake Havasu City deserves attention. This $319,900 property earns $2,755/mo in rent, a 10.34% gross yield, and nets $579/mo after the $1,438/mo payment. DSCR 1.92 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $88,382 compounds alongside $2,946/yr in yearly equity build, for a total cumulative return of $159,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.2% |
| Monthly Cash Flow | $579 | $1,250 |
City averages based on Lake Havasu City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,755 |
| Total Monthly Debt Service | $2,049 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1984
871.20 sqft lot
$N/A/sqft
$285 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 1984
871.20 sqft lot
$N/A/sqft
$285 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Gedalje Group • eXp Realty
Mls Name: Lake Havasu AOR
Mls Provider:
Mls ID: #1032891
Disclaimer: Copyright Lake Havasu Association of Realtors / LHAR. All rights reserved. Information is deemed reliable but not guaranteed.