Real Estate Investing in Alpine, Arizona (85920)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Apache County • Population: 570 • Data updated: September 2026

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Should you buy in 85920 (Alpine, AZ)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (20/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 67.4% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 31.4 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Alpine, AZ (85920)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $423,813
Avg Monthly Rent $1,125
1% Rule ✗ Does Not Meet
Median Income $67,411
% Renters 15.2%

Market Analysis: 85920 Alpine

Investors eyeing 85920 need to respect the fundamentals at play. Home values of $424K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 85920 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 85920 and stronger Alpine ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Demographically, 85920 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, 85920 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Alpine:

D Needs Caution
Buy Confidence Score: 45/100
Affordability
5/25
Appreciation
10/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.3× the median income
Value Trend
Stable (+0.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,125/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$433K$420K$407K$394K$381K$367KFeb 2023Nov 2024Jul 2026

📊 How Does 85920 Compare?

Metric 85920 Alpine Arizona
Home Value $423,813 $423,813 $419,643
5-Year CAGR N/A N/A 6.5%
Avg Rent $1,125 $1,125 -
Cap Rate 2.1% 2.1% -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 85920 (Alpine, AZ). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.1%
Low

📊 Market Snapshot

Home Value $423,813
Monthly Rent $1,125
Price-to-Rent 31.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.2%
Cap Rate 2.1%
5-Year IRR 4.8%

📈 Home Appreciation

1-Year +0.7% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
67.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 85920

Population: 570

💰 Median Household Income
$67,411
This area
$67,411
State
$66,355
USA
$74,580
🏠 Renter Occupied
15.2%
This area
15.2%
State
28.6%
USA
34.0%
💼 Unemployment Rate
3.5%
This area
3.5%
State
-23.2%
USA
3.7%
🎓 College Educated
36.6%
This area
36.6%
State
-1.0%
USA
33.7%
👤 Median Age
68.5 years
This area
68.5 years
State
11.1 years
USA
38.9 years
🏚️ Vacancy Rate
67.4%
This area
67.4%
State
19.2%
USA
10.5%
👥 Population by Ethnicity
White 93.2%
Other/Mixed 6.8%
👶 Under 18
9.5%
This area
9.5%
USA
22.0%
👴 65 and Over
61.8%
This area
61.8%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
USA
11.5%

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 85920

A Avg School Grade
1 Schools
9.3:1 Avg Class Size
$24,891 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Alpine Elementary School

📚 K – 08 School
👥
56 Students
👨‍🏫
9.3:1 Class Size
💰
$24,891 Per Student
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

What strategy should investors use in Alpine, AZ?

In Alpine, AZ the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $424K prices and $1,125/mo rents suits that approach.

How much rent can I charge in Alpine, AZ?

Average rent in Alpine, AZ is approximately $1,125/mo per month. Against $424K home values that yields a reasonable rent-to-price ratio.

Is the tenant base reliable in Alpine, AZ?

Alpine, AZ offers a predictable renter base at the $1,125/mo rent level. Tenant turnover is reasonable for well-managed properties.

Does a duplex house hack pencil in Alpine, AZ?

House hacking in Alpine, AZ is reasonable to execute. Prices around $424K and rents of $1,125/mo solid owner-occupant economics.

Is Alpine, AZ a good market for buy-and-hold investors?

Alpine, AZ scores 2.0/5 for investability. Home values sit at $424K and rents near $1,125/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

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This page stays free — all of it. What one page can’t tell you is how 85920 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.

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