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

Vernon, AZ has a median modeled monthly cash flow of $-1,497 and a median cap rate of 1.6%, on a median sold price of $19,950. Prices changed -4.9% year over year.

What is the average cap rate in Vernon, AZ?

The median cap rate across recently sold homes in Vernon, AZ is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Vernon, AZ?

The median sold price in Vernon, AZ is $19,950 (about $174 per square foot).

Investing in Vernon, AZ Real Estate

A data-driven snapshot of the Vernon, 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.

$19,950Median sold price

$174Median $/sqft

1.6%Median cap rate

$-1,497Modeled cash flow / mo

-4.9%Appreciation YoY

11.5Months of supply

69Active listings

72Sold (last 12 mo)

What the Vernon numbers say

In Vernon, AZ, the median home sold for $19,950 (about $174 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,497 of monthly cash flow. Sold prices moved -4.9% over the past year. Inventory sits at about 11.5 months of supply — a looser, buyer-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 Vernon cash-flowing listings

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