Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Phoenix, AZ

Listed for sale 1 day ago
$ 190,000
ROI
24.1
Cash Flow/m
228- 1 Bed
- 1 Bath
- 581 sft
1720 E THUNDERBIRD Road #2063, Phoenix, AZ, 85022

Fix & Flip
Listed for sale 1 day ago
$ 185,000
ROI
32.8
Cash Flow/m
670- 2 Bed
- 1 Bath
- 600 sft
7018 N 23rd Lane, Phoenix, AZ, 85021

Listed for sale 1 day ago
$ 175,000
ROI
25.5
Cash Flow/m
279- 3 Bed
- 2 Bath
- 1303 sft
3315 E OAK Street, Phoenix, AZ, 85008

Listed for sale 2 days ago
$ 118,000
ROI
25.9
Cash Flow/m
202- 2 Bed
- 2 Bath
- 1568 sft
2233 E BEHREND Drive #227, Phoenix, AZ, 85024
Why Invest in Phoenix, Arizona?
Phoenix offers strong investment opportunities in homes under $200k, particularly manufactured homes and townhouses in established neighborhoods. Rental yields average 8-10% with steady cash flow from high renter demand. The city's job growth and population influx support consistent appreciation around 5% annually. Cap rates remain attractive at 7-9% for budget properties. Low entry costs make it ideal for cash-flow focused investors.
9.5%
Avg. ROI
9.2%
Rental Yield
8.1%
Cap Rate
$650/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.3%
1Y Appreciation
Find Your Perfect Investment Property in Phoenix, Arizona
Explore investment opportunities by strategy, performance, or property type
