Under $200K Investment Properties for Sale in Surprise, AZ


640- 2 Bed
- 2 Bath
- 1708 sft


156- 1 Bed
- 1 Bath
- 802 sft


227- 2 Bed
- 2 Bath
- - sft


11- 1 Bed
- 1 Bath
- 503 sft
Why Invest in Surprise, Arizona?
Discover investment opportunities in Surprise, AZ with properties under $200k offering strong entry-level potential. This Phoenix suburb provides affordable access to growing rental demand driven by retirees and families. Average rental yields around 7-8% make these budget-friendly homes attractive for cash flow investors. Annual appreciation of 4-5% reflects steady population growth and economic expansion. Low cap rates combined with high renter occupancy support reliable long-term returns.
Frequently Asked Questions
Yes, condos and townhomes under $200k exist in Surprise, ideal for entry-level investors. These properties often generate positive cash flow with rents around $1,200 monthly. Focus on well-maintained complexes near amenities for best returns.
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