Phoenix 85303

Solid baseline market with enough spread to stabilize as an LTR without depending on the most aggressive upside case.

Cap rate

6.8%

Cash-on-cash

11.9%

Demand score

80/100

Strategy fit

LTR stability

Execution note

The clean play is to buy, scope, and stabilize instead of trying to force the model into the highest-revenue strategy on day one.

Rent band

$2,360 - $2,620

Sale band

$352k - $381k

Score

B

Primary risk

You can talk yourself into more upside than the market supports if you ignore seasonality and neighborhood-specific rent ceilings.

Underwrite this marketShare this market brief