REI Lense

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

-10.3%

Median Cashflow

-$714/mo

Avg Rent Estimate

$2,462/mo

Avg Price

$468,730

Price Range

$295,000 - $776,700

Rent to Price

0.53%

low ratio

Positive Cashflow

0%

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 -$714 with average rents of $2,462/month. Properties range from $295,000 to $776,700, offering entry points across multiple investment budgets.

1919 E TANYA Road, Phoenix, AZ 85086

Price

$485,900

Rent

$2,707

CachFlow

-$896

CoC

-10.54

Full Analysis

8313 W MULBERRY Drive, Phoenix, AZ 85037

Price

$359,000

Rent

$1,877

CachFlow

-$748

CoC

-11.91

Full Analysis

5833 N 10TH Street, Phoenix, AZ 85014

Price

$625,800

Rent

$2,867

CachFlow

-$1,545

CoC

-14.11

Full Analysis

1321 E Earll Dr Drive, Phoenix, AZ 85014

Price

$535,200

Rent

$3,048

CachFlow

-$853

CoC

-9.11

Full Analysis

1812 W GLENHAVEN Drive, Phoenix, AZ 85045

Price

$615,300

Rent

$3,425

CachFlow

-$1,095

CoC

-10.17

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$714/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Phoenix, AZ requires selective property picks
  • Premium market with properties from $295,000 to $776,700
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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