Under $500K Investment Properties for Sale in Mesa, AZ
288- 2 Bed
- 2 Bath
- 1200 sft
33- 2 Bed
- 2 Bath
- 910 sft
551- 2 Bed
- 2 Bath
- 1540 sft
983- 3 Bed
- 3 Bath
- 1899 sft
Why Invest in Mesa, Arizona?
Mesa, Arizona offers compelling opportunities for real estate investors seeking affordable entry points under $500K. The market features strong rental demand with over 438,000 residents and 127,410 jobs, supporting consistent tenant acquisition. Properties in this price range typically deliver solid cap rates and cash flow potential, particularly in established neighborhoods like Las Sendas, Power Ranch, and Dobson Ranch. With homes averaging 62 days on market and receiving multiple offers, Mesa demonstrates healthy buyer competition and appreciation potential. The city's minimally walkable profile (Walk Score 38) appeals to car-dependent renters, stabilizing long-term occupancy rates.
Frequently Asked Questions
Properties in this price range typically generate rental yields between 5-6%, with average monthly rents around $1,450. Actual yields vary based on property condition, location within Mesa, and tenant profile. Established neighborhoods like Power Ranch and Las Sendas tend to command higher rents and more stable occupancy.
Find Your Perfect Investment Property in Mesa, Arizona
Explore investment opportunities by strategy, performance, or property type
