Avondale, AZ — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.5%

Below average

Monthly Cash Flow

-$616

After all expenses

Price-to-Rent

13.2

Investor-friendly

DSCR

0.71

Fails

📊 Key Metrics

Median Home Price
$401,094
Average Rent (3BR)
$2,545/mo
Price-to-Rent Ratio
13.2(good)
1% Rule
0.63%(fails — need 1%+)
Cash-on-Cash Return
-8.1%
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

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.62%

of assessed value (AZ avg)

Median Income

$65,913

household (AZ avg)

Rent-to-Income

46.3%

Stretched

Section 8 Max Rent

$2,545/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)

🏘️ Best Zip Codes in Avondale for Investors

85392
Cap Rate: 5.0%Cash Flow: -$468/mo$412,607
85323
Cap Rate: 4.0%Cash Flow: -$764/mo$389,582

All Zip Codes in Avondale

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
853925.0%-$468$412,607$2,820/mo0.79
853234.0%-$764$389,582$2,270/mo0.63