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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 30+ datapoints.

Phoenix, AZ Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-9.4%

Median Cashflow

-$745/mo

Avg Rent Estimate

$3,328/mo

Avg Price

$618,375

Price Range

$164,100 - $1,095,000

Rent to Price

0.54%

low ratio

Positive Cashflow

15%

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 4.2%, 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 30+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$745 with average rents of $3,328/month. Properties range from $164,100 to $1,095,000, offering entry points across multiple investment budgets.

1630 E Solano Drive, Phoenix, AZ 85016

Price

$1,075,000

Rent

$3,490

CachFlow

-$3,246

CoC

-17.25

Full Analysis

2303 E ELECTRA Lane, Phoenix, AZ 85024

Price

$649,000

Rent

$3,150

CachFlow

-$1,312

CoC

-11.55

Full Analysis

4037 E PINTO Lane, Phoenix, AZ 85050

Price

$990,000

Rent

$4,480

CachFlow

-$2,255

CoC

-13.02

Full Analysis

9 E Surrey Avenue, Phoenix, AZ 85022

Price

$830,000

Rent

$2,780

CachFlow

-$2,613

CoC

-17.99

Full Analysis

3326 W SHUMWAY FARM Road, Phoenix, AZ 85041

Price

$372,000

Rent

$2,130

CachFlow

-$588

CoC

-9.03

Full Analysis

Phoenix, AZ Rental Market Insights

  • Median cashflow is -$745/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 15% 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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