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

4.1%

Avg Cash on Cash

-10.2%

Median Cashflow

-$644/mo

Avg Rent Estimate

$2,126/mo

Avg Price

$388,562

Price Range

$167,500 - $830,000

Rent to Price

0.55%

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 30+ analyzed properties, the median monthly cashflow in Phoenix, AZ is -$644 with average rents of $2,126/month. Properties range from $167,500 to $830,000, offering entry points across multiple investment budgets.

3807 N 30TH Street #26, Phoenix, AZ 85016

Price

$295,000

Rent

$2,040

CachFlow

-$582

CoC

-11.27

Full Analysis

2514 E TURNEY Avenue, Phoenix, AZ 85016

Price

$485,900

Rent

$2,717

CachFlow

-$791

CoC

-9.3

Full Analysis

2402 W ANDERSON Avenue, Phoenix, AZ 85023

Price

$465,000

Rent

$2,536

CachFlow

-$674

CoC

-8.28

Full Analysis

1834 N MITCHELL Street, Phoenix, AZ 85006

Price

$585,000

Rent

$2,691

CachFlow

-$1,187

CoC

-11.59

Full Analysis

9854 S 47TH Place, Phoenix, AZ 85044

Price

$611,200

Rent

$2,689

CachFlow

-$1,457

CoC

-13.62

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$644/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

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