Market brief
Grade
B
Cap rate
3.7%
Cash-on-cash
9.2%
Strategy fit
LTR stability
Trend graph
AI trend graph
AI-generated from cached market metrics. Free Census + xAI snapshot drives the bars, while linked sources below remain the audit trail.
Rent momentum
-5.8%
Rent trend from the cached market snapshot.
Demand support
57/100
Demand score already normalized by the market intelligence layer.
Yield spread
6.4%
Blends cap-rate and cash-on-cash signals into a comparable bar.
Public data
Source-backed metrics stay separate from PocketSquad model outputs. Unavailable means the importer has not cached a usable row for this ZIP yet.
Rent
$1,575
No HUD rent benchmark cached for this ZIP yet.
Value
$508,400
No ZIP value trend cached yet.
Activity
Unavailable
No Redfin Data Center activity row cached for this ZIP yet.
Demographics
36,857
49.0% renter share - 12.4% vacancy
Income
$85,085
IRS SOI tax-income context is labeled separately from household income.
Trend
Unavailable
Rent trend -5.8%
Historical trend
How this market has moved since tracking began
PocketSquad stores one source-backed snapshot per day whenever this market is refreshed. Fallback and model-only snapshots are never stored, so trends only reflect cited data.
2 daily snapshots from 2026-10-11 to 2026-10-12. Unchanged values usually mean the upstream source has not published a newer period.
| Metric | First | Latest | Change |
|---|---|---|---|
| Median rent | $1,575 | $1,575 | 0.0% |
| Home value | $508,400 | $508,400 | 0.0% |
| Vacancy rate | 12.4% | 12.4% | 0.0 pts |
| Median household income | $85,085 | $85,085 | 0.0% |
| Population | 36,857 | 36,857 | 0.0% |
Financing climate
Rates and liquidity
Rates are national series from FRED and are not specific to this ZIP. Local lender appetite and DSCR terms are not covered by any integrated source.
Financing climate not available
No financing-rate source is configured for this deployment (FRED_API_KEY is not set).
Change alerts
Get notified when this market meaningfully changes
Watch this market to receive an in-app notification when a source-backed metric crosses a threshold below. Checked daily.
- · Median rent moves 5% or more
- · HUD fair market rent moves 5% or more
- · Home value moves 5% or more
- · Vacancy rate moves 1.5 points or more
- · Rent trend shifts 2 points or more
- · Price trend shifts 2 points or more
- · Days on market moves 10+ days and 20% or more
- · Active inventory moves 25% or more (and at least 5 listings)
- · PocketSquad market grade changes
Coverage
What PocketSquad can and cannot see here
Available readings include sourced readings and modeled estimates. Check each reading’s source type and snapshot date; missing pillars are listed below.
Rent
Available reading$1,575/mo
-5.8% rent trend
Permits
Not available for this marketNot available for this market
No integrated source publishes ZIP-level permit volume or cycle times.
Financing
Not available for this marketNot available
No financing-rate source is configured for this deployment (FRED_API_KEY is not set).
Investor activity
Not available for this marketNot available for this market
No integrated source covers cash buyers, absentee owners, or distress pipelines.
Investor activity & distress — not covered
- Cash-purchase share
- Absentee-owner share
- Entity / repeat-buyer concentration
- Flip and resale velocity
- Foreclosure, tax-sale, and sheriff-sale pipeline
Permit friction — not covered
- Residential permit counts and valuation by type
- Permit cycle time and inspection friction
- Code-violation density
Permit history for a single property is available through a public records lookup on that address.
| Integrated source | Covers | Geography | Status |
|---|---|---|---|
| U.S. Census ACS | Income, population, renter/owner mix, vacancy | ZIP (ZCTA) | Integrated |
| HUD Small Area FMR | Fair market rent | ZIP | Integrated |
| Redfin Data Center | Inventory, days on market, sales volume | ZIP where published | Integrated |
| Zillow Research | Home value (ZHVI) and rent (ZORI) indexes | ZIP where published | Integrated |
| FHFA HPI | House price trend | 3-digit ZIP region | Integrated |
| IRS SOI | Tax returns and average AGI | ZIP | Integrated |
| FRED | 30-year mortgage rate and 10-year Treasury | National only | Not configured |
| Public records lookups | Tax, sales history, permits for one property you request | Single address, not aggregated to markets | Integrated |
Execution read
Use this as a quality-of-demand screen, then pressure-test financing and reserve needs before chasing appreciation.
Demand score
57/100
Rent band
$1,575/mo median
Sale band
$420k - $486k
Median income
$85,085
Rent trend
-5.8%
Primary risk
Yield is thinner than the demand profile, so the downside case depends on buying below the obvious comp set.
cap Rate
Modeledcap rate is calculated by PocketSquad from the available provider inputs for Phoenix 85016.
cash On Cash
Seed fallbackcash-on-cash is using PocketSquad's seeded baseline because the connected provider did not return that metric.
demand Score
Modeleddemand score is calculated by PocketSquad from the available provider inputs for Phoenix 85016.
median Rent
Source-backedmedian rent is backed by Free Census + xAI snapshot source data for Phoenix 85016.
rent Trend
Source-backedrent trend is backed by Free Census + xAI snapshot source data for Phoenix 85016.
Next actions
Open Deal Analyzer with this market
Prefill the underwriting surface with the closest sample property for this ZIP.
Review scoring methodology
See how demand, spread, and execution difficulty roll into the market grade.
Back to all markets
Jump back into the canonical heatmap and compare this ZIP against the other surfaced markets.
Snapshot note
Using free Census/HUD public data as the market baseline, with xAI web search filling missing investor metrics when source-backed values are available.