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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Phoenix, AZ
Listed for sale 1 day ago
$ 315,000
ROI
25.2
Cash Flow/m
474- 2 Bed
- 2 Bath
- 1204 sft
42424 N GAVILAN PEAK Parkway #9206, Phoenix, AZ, 85086
Listed for sale 1 day ago
$ 479,900
ROI
21.5Cash Flow/m
234- 4 Bed
- 3 Bath
- 1965 sft
3751 W DESERT CREEK Lane, Phoenix, AZ, 85086
Listed for sale 1 day ago
$ 190,000
ROI
24.1Cash Flow/m
228- 1 Bed
- 1 Bath
- 581 sft
1720 E THUNDERBIRD Road #2063, Phoenix, AZ, 85022
Listed for sale 1 day ago
$ 405,000
ROI
26.0Cash Flow/m
702- 4 Bed
- 3 Bath
- 1733 sft
3034 W VIA PERUGIA --, Phoenix, AZ, 85086
Why Invest in Phoenix, Arizona?
Phoenix, AZ offers strong investment opportunities in properties under $500k, with ample inventory in growing suburbs. Rental yields average 6-7% due to high renter demand and job growth. Annual appreciation holds steady at 5%, supported by population influx. Cap rates around 6.5% make these affordable homes cash flow positive for investors. Economic expansion in tech and healthcare drives consistent tenant occupancy.
8.5%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
5.2%
1Y Appreciation
Frequently Asked Questions
Average ROI is 8.5% with 6.8% rental yields and 6.5% cap rates. Cash flow averages $450 monthly after expenses. Appreciation at 5.2% adds long-term value.
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