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 40+ datapoints.
Phoenix, AZ Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10%
Median Cashflow
-$622/mo
Avg Rent Estimate
$2,191/mo
Avg Price
$402,729
Price Range
$167,500 - $830,000
Rent to Price
0.54%
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 mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$622 with average rents of $2,191/month. Properties range from $167,500 to $830,000, offering entry points across multiple investment budgets.
16620 S 48TH Street #36, Phoenix, AZ 85048
Price
$382,700
Rent
$2,006
CachFlow
-$880
CoC
-13.14
Phoenix, AZ Rental Market Insights
- •Median cashflow is -$622/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
- •Mid-to-upper tier market with properties from $167,500 to $830,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs