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

Wagon Wheel, AZ has a median modeled monthly cash flow of $-1,038 and a median cap rate of 2.9%, on a median sold price of $357,500. Prices changed +4.2% year over year.

What is the average cap rate in Wagon Wheel, AZ?

The median cap rate across recently sold homes in Wagon Wheel, AZ is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wagon Wheel, AZ?

The median sold price in Wagon Wheel, AZ is $357,500 (about $249 per square foot).

Investing in Wagon Wheel, AZ Real Estate

A data-driven snapshot of the Wagon Wheel, 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.

$357,500Median sold price

$249Median $/sqft

2.9%Median cap rate

$-1,038Modeled cash flow / mo

+4.2%Appreciation YoY

9.8Months of supply

49Active listings

60Sold (last 12 mo)

What the Wagon Wheel numbers say

In Wagon Wheel, AZ, the median home sold for $357,500 (about $249 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,038 of monthly cash flow. Sold prices moved +4.2% over the past year. Inventory sits at about 9.8 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 Wagon Wheel cash-flowing listings

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