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 50+ datapoints.

Phoenix, AZ Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-9.4%

Median Cashflow

-$601/mo

Avg Rent Estimate

$2,568/mo

Avg Price

$496,635

Price Range

$164,100 - $1,095,000

Rent to Price

0.52%

low ratio

Positive Cashflow

11%

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 50+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$601 with average rents of $2,568/month. Properties range from $164,100 to $1,095,000, offering entry points across multiple investment budgets.

3631 E FRIESS Drive, Phoenix, AZ 85032

Price

$420,000

Rent

$2,110

CachFlow

-$741

CoC

-10.08

Full Analysis

6425 W MAGNOLIA Street, Phoenix, AZ 85043

Price

$415,000

Rent

$1,920

CachFlow

-$933

CoC

-12.85

Full Analysis

3302 E AIRE LIBRE Avenue #102, Phoenix, AZ 85032

Price

$315,000

Rent

$1,890

CachFlow

-$558

CoC

-10.12

Full Analysis

2644 E SYLVIA Street, Phoenix, AZ 85032

Price

$559,000

Rent

$2,850

CachFlow

-$1,000

CoC

-10.22

Full Analysis

13414 S 47TH Way, Phoenix, AZ 85044

Price

$515,000

Rent

$1,930

CachFlow

-$1,479

CoC

-16.41

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$601/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 11% 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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