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Lake Havasu City, AZ Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,697
Monthly Cash Flow
-$711
Principal + Equity
$3,335
Annual Total Gain
$31,481
Cash on Cash
-7.4%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$263
Occupancy Rate
42.31%
Monthly Revenue
$2,495
Monthly Cash Flow
-$287
Principal + Equity
$3,335
Annual Total Gain
$36,571
Cash on Cash %
-2.99%
Net ROI %
Market Health & Growth
Median Income
$66,264
Population
58,037
LTR Renter %
26.62%
Forecast (1 yr)
0.67%
Appreciation (1 yr)
-2.78%
Appreciation (5 yr)
38.82%
Appreciation (10 yr)
110.91%
Job Growth
2.4%
LTR Rentability
High
STR Demand
34
STR Rentals
1,861
Top Public Schools
BStarline Elementary School
BHavasu Preparatory Academy
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C-
Overall
Top-level market grade
Best Places to Retire in Arizona
#52out of 123 markets
Most Diverse Places to Live in Arizona
#196out of 248 markets
Places with the Best Public Schools in Arizona
#70out of 121 markets
B-
Public School
C
Crime And Safety
D
Housing
B-
Nightlife
D
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Lake Havasu City, AZ.
Lake Havasu City, AZ has specific regulations in place for short term rentals that investors should be aware of before purchasing a property for this purpose. Some key regulations include:
1. Permit Requirement: Short term rentals in Lake Havasu City require a permit from the city. Investors must apply for and obtain a permit before operating a short term rental property.
2. Occupancy Limits: There are occupancy limits for short term rentals in Lake Havasu City. The maximum number of guests allowed in a rental property is typically based on the number of bedrooms in the property.
3. Noise Restrictions: Lake Havasu City has noise restrictions in place to ensure that short term rental properties do not disturb neighbors. Investors should be aware of these restrictions and ensure that guests comply with them.
4. Parking Regulations: There are parking regulations for short term rental properties in Lake Havasu City. Investors should ensure that there is adequate parking available for guests and that they comply with the city's parking regulations.
5. Taxation: Short term rental properties in Lake Havasu City are subject to transient occupancy taxes. Investors should be aware of these taxes and ensure that they are collected and remitted to the city.
6. Homeowner's Association Rules: If the property is located in a homeowner's association (HOA), investors should also be aware of any additional rules and regulations that may apply to short term rentals within the community.
By being aware of and complying with these regulations, investors can ensure that their short term rental property in Lake Havasu City operates smoothly and successfully. It is important to thoroughly research and understand the regulations before investing in a property for short term rental purposes in this market.
Market Trends Over Time
Explore 25 years of market data for Lake Havasu City, AZ, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Lake Havasu City, AZ.
The LTR Genie Score of Lake Havasu City, AZ is 67, indicating a high level of rentability for long-term rental properties in the area. This is supported by the LTR Net ROI of 27.28%, suggesting a strong return on investment for investors looking to hold properties for an extended period. On the other hand, the STR Genie Score of 52 is considered moderate, with a slightly lower net ROI of 31.69% compared to long-term rentals. The 1-year price appreciation forecast of 0.67% may also influence the decision between long-term and short-term rental investments.
Lake Havasu City, AZ is a popular destination known for its recreational activities, particularly water sports on Lake Havasu. The city attracts tourists and snowbirds throughout the year, making it a potentially lucrative market for short-term rental investments. However, the steady LTR Rent Growth Rate of 0.0% may indicate a more stable rental market for long-term investors seeking consistent cash flow.
In conclusion, Lake Havasu City, AZ appears to be an attractive market for both long-term and short-term rental investments. Investors looking for higher returns and potential appreciation may lean towards short-term rentals, while those seeking stability and consistent rental income may prefer long-term rentals. Ultimately, a diversified portfolio with a mix of both rental strategies could provide a balanced approach to maximizing returns in this market.
LTR Genie Score 93
$474,900
🛏 3 Beds🛁 3.0000 Baths🏙 2,350 sqft.🏠 SINGLE FAMILY
