Real Estate Investing in Globe, Arizona (85501)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 85501 (Globe, AZ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.8% 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 Globe, AZ (85501)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 85501 Globe
The 85501 ZIP covers a section of Globe that demands careful diligence. Prices near $237K look accessible, but the work to make a deal cash flow is real.
Turning to rents, the numbers look inviting — $237K purchase price, 0.0% nominal cap — the work to hit that pro forma in 85501 is substantial and deserves full respect.
Statewide comparisons place 85501 among AZ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 85501 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 85501 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 Globe:
Property Strategy for 85501
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $180,401 | $1,290 | 5.1% | +8.7% | $90,201 |
| 3BR | $258,336 | $1,740 | 4.8% | +7.8% | $86,112 |
Market Trends
Home Value History (with trend line)
📊 How Does 85501 Compare?
| Metric | 85501 | Globe | Payson, AZ | Arizona |
|---|---|---|---|---|
| Home Value | $236,649 | $313,476 | N/A | $419,643 |
| 5-Year CAGR | 3.8% | 3.1% | N/A | 6.5% |
| Avg Rent | $1,161 | $1,152 | N/A | - |
| Cap Rate | 3.8% | 3.1% | - | - |
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 85501 (Globe, AZ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 85501 (Globe, AZ)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $236,649 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.8%). 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 85501
Population: 12,353
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 85501
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
Are renters plentiful in Globe, AZ?
The renter base in Globe, AZ is reasonable for the $1,161/mo price point. Screening well and pricing to market typically yields stable tenants.
Is real estate in Globe, AZ a good investment right now?
Globe, AZ comes in at an investability rating of 3.0/5, with median home values near $237K and average rents around $1,161/mo. That combination puts it in the durable tier for investor interest.
How much does a house cost in Globe, AZ?
Globe, AZ home values average about $237K. That price point suits investors targeting rentals with $1,161/mo in monthly income.
What is the average monthly rent in Globe, AZ?
Average rent in Globe, AZ is approximately $1,161/mo per month. Against $237K home values that yields a reasonable rent-to-price ratio.
How do landlord-tenant laws work in Globe, AZ?
Rental owners in Globe, AZ deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 85501 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 85501 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 85501 ranks in Payson, AZ
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 85501 (Globe)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 85501 (Globe, AZ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.