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

-10.2%

Median Cashflow

-$628/mo

Avg Rent Estimate

$2,202/mo

Avg Price

$406,988

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 4.2%, 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 50+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$628 with average rents of $2,202/month. Properties range from $167,500 to $830,000, offering entry points across multiple investment budgets.

1617 E EARLL Drive, Phoenix, AZ 85016

Price

$450,000

Rent

$2,609

CachFlow

-$580

CoC

-7.37

Full Analysis

8037 W AGORA Lane, Phoenix, AZ 85043

Price

$338,200

Rent

$2,016

CachFlow

-$613

CoC

-10.36

Full Analysis

2743 E CATHEDRAL ROCK Drive, Phoenix, AZ 85048

Price

$461,900

Rent

$2,414

CachFlow

-$901

CoC

-11.15

Full Analysis

3316 N 98th Ln, Phoenix, AZ 85037

Price

$439,740

Rent

$2,210

CachFlow

-$760

CoC

-9.88

Full Analysis

2863 W Muriel Dr, Phoenix, AZ 85053

Price

$363,200

Rent

$2,016

CachFlow

-$568

CoC

-8.94

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$628/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
  • 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

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