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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

4.1%

Avg Cash on Cash

-11.5%

Median Cashflow

-$858/mo

Avg Rent Estimate

$2,436/mo

Avg Price

$480,274

Price Range

$338,200 - $681,900

Rent to Price

0.51%

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 4.1%, 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 -$858 with average rents of $2,436/month. Properties range from $338,200 to $681,900, offering entry points across multiple investment budgets.

6443 W Prickly Pear Trl, Phoenix, AZ 85083

Price

$401,900

Rent

$2,058

CachFlow

-$824

CoC

-11.72

Full Analysis

1532 W Fairmount Avenue, Phoenix, AZ 85015

Price

$595,000

Rent

$2,417

CachFlow

-$1,536

CoC

-14.75

Full Analysis

7120 W MULBERRY Drive, Phoenix, AZ 85033

Price

$378,000

Rent

$1,915

CachFlow

-$738

CoC

-11.16

Full Analysis

1728 W Avalon Dr, Phoenix, AZ 85015

Price

$461,900

Rent

$2,357

CachFlow

-$858

CoC

-10.61

Full Analysis

4902 E GRANADA Road, Phoenix, AZ 85008

Price

$499,900

Rent

$2,247

CachFlow

-$1,252

CoC

-14.31

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$858/month — careful deal selection is essential here
  • 4.1% 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 $338,200 to $681,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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