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

Red Lake, AZ has a median modeled monthly cash flow of $-1,670 and a median cap rate of 1.8%, on a median sold price of $130,000. Prices changed +6.5% year over year.

What is the average cap rate in Red Lake, AZ?

The median cap rate across recently sold homes in Red Lake, AZ is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Lake, AZ?

The median sold price in Red Lake, AZ is $130,000 (about $252 per square foot).

Investing in Red Lake, AZ Real Estate

A data-driven snapshot of the Red Lake, 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.

$130,000Median sold price

$252Median $/sqft

1.8%Median cap rate

$-1,670Modeled cash flow / mo

+6.5%Appreciation YoY

5.3Months of supply

53Active listings

121Sold (last 12 mo)

What the Red Lake numbers say

In Red Lake, AZ, the median home sold for $130,000 (about $252 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,670 of monthly cash flow. Sold prices moved +6.5% over the past year. Inventory sits at about 5.3 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 Red Lake cash-flowing listings

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