Tucson, AZ โ Rental Investment Analysis
๐กMODERATEโ average returnsCap Rate
4.4%
Below average
Monthly Cash Flow
-$509
After all expenses
Price-to-Rent
13.4
Investor-friendly
DSCR
0.70
Fails
๐ Key Metrics
- Median Home Price
- $325,786
- Average Rent (3BR)
- $2,040/mo
- Price-to-Rent Ratio
- 13.4(good)
- 1% Rule
- 0.62%(fails โ need 1%+)
- Cash-on-Cash Return
- -8.5%
- Vacancy Rate
- 8.0%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
Net Migration
+1,926 households
GROWING
Total Inflow
412,380
households moved in
Avg Income (New Residents)
$80,568
per household
Where they're coming from:
1.Pima Non-migrants, AZ397,161 households ยท avg $80,597
2.Maricopa, AZ3,002 households ยท avg $64,453
3.Pinal, AZ782 households ยท avg $50,776
4.Cochise, AZ773 households ยท avg $55,803
5.Los Angeles, CA703 households ยท avg $113,666
Where residents are leaving to:
1.Pima Non-migrants, AZ397,161 households
2.Maricopa, AZ3,370 households
3.Pinal, AZ825 households
4.Cochise, AZ714 households
5.Santa Cruz, AZ522 households
๐ก Strong net inflow suggests growing rental demand and upward pressure on rents.
๐๏ธ Best Zip Codes in Tucson for Investors
All Zip Codes in Tucson
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 85747 | 5.9% | -$142 | $365,446 | $2,830/mo | 0.93 |
| 85736 | 5.9% | -$122 | $295,577 | $2,280/mo | 0.92 |
| 85756 | 5.6% | -$203 | $306,355 | $2,270/mo | 0.88 |
| 85713 | 5.4% | -$203 | $240,694 | $1,730/mo | 0.84 |
| 85746 | 5.3% | -$252 | $285,631 | $2,040/mo | 0.83 |
| 85741 | 5.2% | -$334 | $325,786 | $2,270/mo | 0.81 |
| 85743 | 4.8% | -$509 | $397,927 | $2,650/mo | 0.76 |
| 85742 | 4.8% | -$517 | $388,211 | $2,560/mo | 0.75 |
| 85705 | 4.6% | -$373 | $256,160 | $1,650/mo | 0.73 |
| 85714 | 4.6% | -$346 | $235,125 | $1,510/mo | 0.72 |
| 85730 | 4.6% | -$426 | $288,309 | $1,850/mo | 0.72 |
| 85757 | 4.5% | -$497 | $324,435 | $2,060/mo | 0.71 |
| 85748 | 4.5% | -$585 | $375,146 | $2,370/mo | 0.71 |
| 85710 | 4.4% | -$486 | $299,710 | $1,870/mo | 0.70 |
| 85706 | 4.4% | -$439 | $262,187 | $1,620/mo | 0.69 |
| 85712 | 4.4% | -$478 | $283,917 | $1,750/mo | 0.68 |
| 85711 | 4.2% | -$515 | $284,427 | $1,710/mo | 0.66 |
| 85735 | 4.1% | -$647 | $344,295 | $2,040/mo | 0.65 |
| 85716 | 3.9% | -$648 | $315,212 | $1,800/mo | 0.61 |
| 85715 | 3.8% | -$818 | $378,108 | $2,110/mo | 0.59 |
| 85719 | 3.8% | -$747 | $340,825 | $1,890/mo | 0.59 |
| 85745 | 3.6% | -$850 | $362,157 | $1,940/mo | 0.56 |
| 85701 | 3.1% | -$1,130 | $409,870 | $1,990/mo | 0.48 |
| 85704 | 3.0% | -$1,251 | $448,528 | $2,160/mo | 0.48 |
| 85749 | 1.7% | -$2,538 | $654,014 | $2,280/mo | 0.27 |
| 85750 | 1.7% | -$2,355 | $605,048 | $2,100/mo | 0.27 |
| 85718 | 1.0% | -$3,349 | $742,757 | $2,020/mo | 0.15 |