Under $500K Investment Properties for Sale in Phoenix, AZ
Listed for sale 1 day ago
$ 258,500
ROI
26.7
Cash Flow/m
497- 1 Bed
- 1 Bath
- 728 sft
6900 E PRINCESS Drive #1169, Phoenix, AZ, 85054
Listed for sale 1 day ago
$ 379,000
ROI
20.9Cash Flow/m
121- 3 Bed
- 2 Bath
- 1280 sft
6432 W Crown King Road, Phoenix, AZ, 85043
Listed for sale 1 day ago
$ 355,000
ROI
23.4Cash Flow/m
360- 3 Bed
- 3 Bath
- 2262 sft
2230 W MORTEN Avenue, Phoenix, AZ, 85021
Listed for sale 1 day ago
$ 375,000
ROI
23.2Cash Flow/m
363- 3 Bed
- 2 Bath
- 1127 sft
2016 W STELLA Lane, Phoenix, AZ, 85015
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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