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Tempe, AZ Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Tempe, AZ. Based on 15+ datapoints.

Tempe, AZ Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

3.3%

Avg Cash on Cash

-13.2%

Median Cashflow

-$1,316/mo

Avg Rent Estimate

$2,736/mo

Avg Price

$605,393

Price Range

$440,000 - $875,000

Rent to Price

0.45%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Tempe, AZ

Tempe, AZ is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, 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 15+ analyzed properties, the median monthly cashflow in Tempe, AZ is -$1,316 with average rents of $2,736/month. Properties range from $440,000 to $875,000, offering entry points across multiple investment budgets.

224 E LA JOLLA Drive, Tempe, AZ 85282

Price

$440,000

Rent

$3,068

CachFlow

-$244

CoC

-3.17

Full Analysis

6852 S TERRACE Road, Tempe, AZ 85283

Price

$633,500

Rent

$2,875

CachFlow

-$1,323

CoC

-11.93

Full Analysis

2174 E PALMCROFT Drive, Tempe, AZ 85282

Price

$525,000

Rent

$2,620

CachFlow

-$1,028

CoC

-11.19

Full Analysis

407 E AUBURN Drive, Tempe, AZ 85283

Price

$475,000

Rent

$2,290

CachFlow

-$999

CoC

-12.02

Full Analysis

6503 S BONARDEN Lane, Tempe, AZ 85283

Price

$679,000

Rent

$2,790

CachFlow

-$1,687

CoC

-14.2

Full Analysis
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Tempe, AZ Rental Market Insights

  • Median cashflow is -$1,316/month — careful deal selection is essential here
  • 3.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Tempe, AZ requires selective property picks
  • Premium market with properties from $440,000 to $875,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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