Is Casas Adobes, AZ a good place to invest in rental property?

Casas Adobes, AZ has a median modeled monthly cash flow of $-795 and a median cap rate of 3.5%, on a median sold price of $360,000. Prices changed -1.3% year over year.

What is the average cap rate in Casas Adobes, AZ?

The median cap rate across recently sold homes in Casas Adobes, AZ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Casas Adobes, AZ?

The median sold price in Casas Adobes, AZ is $360,000 (about $229 per square foot).

Investing in Casas Adobes, AZ Real Estate

A data-driven snapshot of the Casas Adobes, AZ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$360,000Median sold price

$229Median $/sqft

3.5%Median cap rate

$-795Modeled cash flow / mo

-1.3%Appreciation YoY

5.7Months of supply

419Active listings

875Sold (last 12 mo)

What the Casas Adobes numbers say

In Casas Adobes, AZ, the median home sold for $360,000 (about $229 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-795 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Arizona markets to compare

See Casas Adobes cash-flowing listings

CashFlowRE ranks every for-sale home in Casas Adobes, AZ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Casas Adobes deals, or browse the national market data.