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REI Lense

Phoenix, AZ Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Phoenix, AZ. Based on 20+ datapoints.

Phoenix, AZ Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.7%

Avg Cash on Cash

-4.8%

Median Cashflow

-$866/mo

Avg Rent Estimate

$3,569/mo

Price Range

$164,100 - $1,095,000

Positive Cashflow

29%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Phoenix, AZ

Phoenix, AZ is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.7%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 20+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$866 with average rents of $3,569/month. Properties range from $164,100 to $1,095,000, offering entry points across multiple investment budgets.

1019 E Cheryl Dr, Phoenix, AZ 85020

Price

$400,000

Rent

$1,940

CachFlow

-$788

CoC

-11.26

Full Analysis

123 W South Mountain Ave, Phoenix, AZ 85041

Price

$367,000

Rent

$1,960

CachFlow

-$489

CoC

-7.61

Full Analysis

17412 N 16th Pl, Phoenix, AZ 85022

Price

$419,000

Rent

$2,210

CachFlow

-$661

CoC

-9.01

Full Analysis

3818 W Carson Rd, Phoenix, AZ 85041

Price

$399,900

Rent

$2,260

CachFlow

-$600

CoC

-8.57

Full Analysis

4107 E Pullman Rd, Cave Creek, AZ 85331

Price

$995,000

Rent

$7,190

CachFlow

-$190

CoC

-1.09

Full Analysis

Phoenix, AZ Rental Market Insights

  • Median cashflow is -$866/month — careful deal selection is essential here
  • 4.7% median cap rate is typical of appreciation-focused markets
  • At 29% positive cashflow rate, Phoenix, AZ requires selective property picks
  • Premium market with properties from $164,100 to $1,095,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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