Phoenix, AZPHOE-AZ-MESA

Mesa

Strong Buy
Strategy · Cash Flow CoreRemote fit · HighConfidence · Developing
Entry price$380K-500K
Typical rent$2,000-2,600
Gross yield5-6%
The case

A diverse, dynamic city blending historic districts, ASU's Polytechnic campus, and new development along the Loop 202 manufacturing corridor, drawing a broad tenant base with steady demand.

Risks

Wide condition range across older and newer stock; budget pool and landscape upkeep. Appreciation is steady. Phoenix has cooled from its boom to a balanced market (prices flat-to-down, ~58% of listings with reductions) - underwrite for modest near-term appreciation. Arizona's low ~0.45% property tax helps net returns.

Best for

Buy-and-hold investors who want a balanced tenant base and a mix of cash flow and appreciation.

Buy-box fit

0 entries

No published buy-box fits for this neighborhood.