Ash Fork, AZ — Rental Investment Analysis
🟢GOOD— solid returnsData: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.
Investment Summary
As of 2026, Ash Fork, AZ offers a 6.5% cap rate with median home prices of $212,493 and 3-bedroom rents of $1,780/month.
Ash Fork offers solid returns for rental investors. At $212,493 median home price, Ash Fork is affordable by national standards and within reach for most conventional loans. With 3-bedroom rents around $1,780/month, the 6.5% cap rate tells the story. Cash flow is modest at +$28/month — positive but tight. Rate increases or vacancies could flip it negative.
The 1% rule comes in at 0.84% — doesn't quite pass, but close enough to find individual deals that work. DSCR of 1.02 is tight — you'll pass most lender minimums but with little margin for error.
Bottom line: Ash Fork offers a balance of moderate cash flow and growth potential. Good for investors who want some income while building equity over time.
Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.
Cap Rate
6.5%
Above average
Monthly Cash Flow
+$28
After all expenses
Price-to-Rent
9.9
Investor-friendly
DSCR
1.02
Tight
Key Metrics
- Median Home Price
- $212,493
- Average Rent (3BR)
- $1,780/mo
- Price-to-Rent Ratio
- 9.9(good)
- 1% Rule
- 0.84%(fails — need 1%+)
- Cash-on-Cash Return
- 0.7%
- Vacancy Rate
- 8.0%
Market Strength
- Unemployment Rate
- 4.7%(+0.4% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +2.3% YoY
Property Tax Rate
0.62%
of assessed value (AZ avg)
Median Income
$65,913
household (AZ avg)
Rent-to-Income
32.4%
Moderate
Section 8 Max Rent
$1,780/mo
3BR voucher payment
AZ Investor Climate
Landlord Friendly
8/10
State Income Tax
Has state tax
Property Tax
0.62% effective
Population Trend
+2.3% (3yr)