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

Heber, AZ has a median modeled monthly cash flow of $-700 and a median cap rate of 3.7%, on a median sold price of $23,250. Prices changed -22.2% year over year.

What is the average cap rate in Heber, AZ?

The median cap rate across recently sold homes in Heber, AZ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Heber, AZ?

The median sold price in Heber, AZ is $23,250 (about $82 per square foot).

Investing in Heber, AZ Real Estate

A data-driven snapshot of the Heber, 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.

$23,250Median sold price

$82Median $/sqft

3.7%Median cap rate

$-700Modeled cash flow / mo

-22.2%Appreciation YoY

1.1Months of supply

4Active listings

42Sold (last 12 mo)

What the Heber numbers say

In Heber, AZ, the median home sold for $23,250 (about $82 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-700 of monthly cash flow. Sold prices moved -22.2% over the past year. Inventory sits at about 1.1 months of supply — a tight, seller-friendly market. 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 Heber cash-flowing listings

CashFlowRE ranks every for-sale home in Heber, 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 Heber deals, or browse the national market data.