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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
$ 475,000
ROI
21.3
Cash Flow/m
197- 2 Bed
- 2 Bath
- 1606 sft
3935 E ROUGH RIDER Road #1169, Phoenix, AZ, 85050
Listed for sale 1 day ago
$ 324,900
ROI
22.5Cash Flow/m
247- 2 Bed
- 3 Bath
- 1196 sft
2150 E BELL Road #1136, Phoenix, AZ, 85022
Listed for sale 1 day ago
$ 499,900
ROI
21.3Cash Flow/m
216- 3 Bed
- 2 Bath
- 1782 sft
2427 W OBERLIN Way, Phoenix, AZ, 85085
Fix & Flip
Listed for sale 1 day ago
$ 325,000
ROI
22.9Cash Flow/m
286- 4 Bed
- 2 Bath
- 2251 sft
19216 N 22ND Lane, Phoenix, AZ, 85027
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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