Real Estate Investing in Phoenix, Arizona (85339)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85339 (Phoenix, AZ)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Phoenix, AZ (85339)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85339 Phoenix
ZIP 85339 inside Maricopa County looks affordable on the surface — median value of $443K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 85339 can be a a credible choice for hunting ground — but the discount at $443K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 85339 among AZ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 85339 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.
Strategically, 85339 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Phoenix:
Property Strategy for 85339
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $337,523 | $2,420 | 5.2% | +6.5% | $168,761 |
| 3BR | $396,155 | $3,230 | 5.9% | +7.5% | $132,052 |
| 4BR | $442,941 | $3,580 | 5.8% | +7.5% | $110,735 |
| 5BR | $502,193 | — | — | +7.8% | $100,439 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 85339 Compare?
| Metric | 85339 | Phoenix | Phoenix-Mesa-Chandler, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $442,552 | $448,314 | N/A | $419,643 |
| 5-Year CAGR | 2.5% | 2.8% | N/A | 6.5% |
| Avg Rent | $2,121 | $1,672 | N/A | - |
| Cap Rate | 3.7% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 85339 (Phoenix, AZ). Anonymous, moderated, never written by AI.
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Property managers serving Maricopa County
Manage rentals here? List your business →Active Renter Property Management offers rental property management services in Phoenix, Arizona, including a 6-month tenant guarantee. summary from their website
Arête Realty and Property Management, LLC offers property management services and real estate expertise in Glendale, Avondale, Chandler, Mesa, Gilbert, Sun City, Paradise Valley, Scottsdale, and Peori summary from their website
Arizona Community Management Services offers a comprehensive suite of services for Association leaders, including board training, financial management, and covenants enforcement, with decades of exper summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $442,552 |
| Monthly Rent | $2,121 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +2.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 85339
Population: 53,972
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
🎓 Schools in 85339
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,473 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Phoenix in AZ worth investing in?
With a 3.0/5 investability score, Phoenix, AZ ranks as a solid market for rental property investors. Median prices of $443K and rents of $2,121/mo drive the underlying numbers.
Is housing expensive in Phoenix, AZ?
Homes in Phoenix, AZ typically sell near $443K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What kind of vacancy should I budget for in Phoenix, AZ?
Phoenix, AZ carries elevated vacancy risk. Expect reliable absorption at market rents of $2,121/mo.
How deep is the rental pool in Phoenix, AZ?
Phoenix, AZ offers a reliable renter base at the $2,121/mo rent level. Tenant turnover is reasonable for well-managed properties.
What monthly rent should investors expect in Phoenix, AZ?
Rent in Phoenix, AZ is around $2,121/mo. The resulting rent-to-value relationship with $443K pricing is reasonable for most investor models.
You know 85339 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85339 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 85339 ranks in Phoenix-Mesa-Chandler, AZ
Every ZIP in this metro, ranked. Free.
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