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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 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%

Median Cashflow

-$621/mo

Avg Rent Estimate

$2,154/mo

Avg Price

$398,723

Price Range

$167,500 - $776,700

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 -$621 with average rents of $2,154/month. Properties range from $167,500 to $776,700, offering entry points across multiple investment budgets.

25428 N 19TH Drive, Phoenix, AZ 85085

Price

$596,400

Rent

$2,974

CachFlow

-$1,364

CoC

-13.07

Full Analysis

2333 N EDGEMERE Street, Phoenix, AZ 85006

Price

$681,900

Rent

$2,601

CachFlow

-$1,872

CoC

-15.69

Full Analysis

1703 S 79TH Glen, Phoenix, AZ 85043

Price

$357,400

Rent

$2,077

CachFlow

-$621

CoC

-9.93

Full Analysis

40253 N Acadia Ct, Phoenix, AZ 85086

Price

$378,600

Rent

$2,095

CachFlow

-$582

CoC

-8.78

Full Analysis

29212 N 22ND Lane, Phoenix, AZ 85085

Price

$444,500

Rent

$2,264

CachFlow

-$902

CoC

-11.6

Full Analysis
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Phoenix, AZ Rental Market Insights

  • Median cashflow is -$621/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 $776,700
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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