Real Estate Investing in Red Rock, Arizona (85145)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85145 (Red Rock, AZ)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Red Rock, AZ (85145)?
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Market Analysis: 85145 Red Rock
Stepping back, ZIP 85145 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $291K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $291K asset, 85145 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 85145 among AZ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 85145 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Red Rock:
Property Strategy for 85145
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $278,641 | $2,440 | 6.3% | +6.6% | $92,880 |
| 4BR | $299,423 | $2,710 | 6.5% | +6.6% | $74,856 |
Market Trends
Home Value History (with trend line)
📊 How Does 85145 Compare?
| Metric | 85145 | Red Rock | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $290,768 | $290,768 | N/A | $419,643 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 6.5% |
| Avg Rent | $1,647 | $1,647 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 85145 (Red Rock, AZ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $290,768 |
| Monthly Rent | $1,647 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 85145
Population: 3,243
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
Frequently Asked Questions
Is Red Rock, AZ better for rentals, flips, or BRRRR?
Red Rock, AZ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($291K prices, $1,647/mo rents) make it a reasonable choice.
How viable is house hacking in Red Rock, AZ?
House hacking in Red Rock, AZ is a challenging. With home values around $291K and rents at $1,647/mo, owner-occupants can offset a meaningful share of PITI.
How does Red Rock, AZ stack up for property investment?
Yes - Red Rock, AZ a 3.0/5 investability score. With $291K home prices against $1,647/mo monthly rent, the market delivers a reasonable entry point for new investors.
What are home prices like in Red Rock, AZ?
Median home price in Red Rock, AZ is near $291K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
What kind of vacancy should I budget for in Red Rock, AZ?
Red Rock, AZ vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 85145 now. You don’t know where it ranks.
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How 85145 ranks in Phoenix-Mesa-Chandler, AZ
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