Real Estate Investing in Salome, Arizona (85348)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85348 (Salome, AZ)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 38.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Salome, AZ (85348)?
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Market Analysis: 85348 Salome
ZIP 85348 in Salome, AZ carries a sturdy set of headwinds. Home values near $205K and rents of $1,107/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 85348 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
From a cash-flow lens, 85348 offers a low basis, the region around Salome has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 85348 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, 85348 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 Salome:
Market Trends
Home Value History (with trend line)
📊 How Does 85348 Compare?
| Metric | 85348 | Salome | Arizona |
|---|---|---|---|
| Home Value | $204,869 | $204,869 | $419,643 |
| 5-Year CAGR | 4.8% | 4.8% | 6.5% |
| Avg Rent | $1,107 | $1,107 | - |
| Cap Rate | 4.2% | 4.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 85348 (Salome, AZ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,869 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +11.7% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (4.2%). 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 85348
Population: 2,201
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 85348
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.
Frequently Asked Questions
Is Salome, AZ good for landlords?
For rental operators, Salome, AZ rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are tenants stable in Salome, AZ?
Salome, AZ draws a measured base of working renters. Demand at the $1,107/mo rent level is reasonable for standard single-family and small multi rentals.
How much does a house cost in Salome, AZ?
Homes in Salome, AZ typically sell near $205K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What is the investability score for Salome, AZ?
Yes - Salome, AZ a 3.0/5 investability score. With $205K home prices against $1,107/mo monthly rent, the market delivers a reasonable entry point for new investors.
What monthly rent should investors expect in Salome, AZ?
Average rent in Salome, AZ is approximately $1,107/mo per month. Against $205K home values that yields a reasonable rent-to-price ratio.
You know 85348 now. You don’t know where it ranks.
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