Real Estate Investing in Munds Park, Arizona (86017)

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

Coconino County • Population: 752 • Data updated: September 2026

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Should you buy in 86017 (Munds Park, AZ)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 82.4% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 29.0 — 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 Munds Park, AZ (86017)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $591,447
Avg Monthly Rent $1,701
1% Rule ✗ Does Not Meet
Median Income $80,152
% Renters 10.1%

Market Analysis: 86017 Munds Park

Not every below-median market is a bargain. Munds Park's 86017 ZIP posts signals that favor experienced operators who can absorb the risk $591K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 86017 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 86017 and stronger Munds Park ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The demographic picture in 86017 includes headwinds that any investor should price in. Income distribution skews lower than Munds Park averages, and tenant stability requires active management.

The 86017 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Munds Park:

C Below Average
Buy Confidence Score: 55/100
Affordability
5/25
Appreciation
18/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.4× the median income
Value Trend
Declining (-0.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,701/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Flagstaff, AZ Metro Area
More inventory, negotiating room for buyers
70 days
Average time to sell
Slow
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Flagstaff, AZ metro data
🏠

Property Strategy for 86017

Which property type performs best in this market?

Best for Cash Flow
3BR
3.0% cap rate
Best for Appreciation
4BR
+11.2% 5yr CAGR
Best Overall Value
4BR
$195,758/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $468,263 $1,890 2.9% +10.0% $234,131
3BR $605,862 $2,490 3.0% +10.6% $201,954
4BR $783,034 $2,720 2.5% +11.2% $195,758

Market Trends

Home Value History (with trend line)

$643K$545K$447K$349K$251K$153KJul 2006Jul 2016Jul 2026

📊 How Does 86017 Compare?

Metric 86017 Munds Park Flagstaff, AZ Arizona
Home Value $591,447 $591,447 N/A $419,643
5-Year CAGR 4.4% 4.4% N/A 6.5%
Avg Rent $1,701 $1,701 N/A -
Cap Rate 2.2% 2.2% - -
💡 Why Invest in 86017? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 86017 (Munds Park, AZ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+4.4%
Moderate

📉 Market Crash Risk Index

Based on Flagstaff, AZ metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
2/2
70 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $591,447
Monthly Rent $1,701
Price-to-Rent 29.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.2%
5-Year IRR 6.6%

📈 Home Appreciation

1-Year -0.3% ▼
3-Year CAGR +0.6% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +8.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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.

Vacancy
82.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 86017

Population: 752

💰 Median Household Income
$80,152
This area
$80,152
State
$66,355
USA
$74,580
🏠 Renter Occupied
10.1%
This area
10.1%
State
28.6%
USA
34.0%
💼 Unemployment Rate
4.7%
This area
4.7%
State
-23.2%
USA
3.7%
🎓 College Educated
65.3%
This area
65.3%
State
-1.0%
USA
33.7%
👤 Median Age
66.4 years
This area
66.4 years
State
11.1 years
USA
38.9 years
🏚️ Vacancy Rate
82.4%
This area
82.4%
State
19.2%
USA
10.5%
👥 Population by Ethnicity
White 94.9%
Black/African American 5.1%
👶 Under 18
5.9%
This area
5.9%
USA
22.0%
👴 65 and Over
51.3%
This area
51.3%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

Frequently Asked Questions

Is housing expensive in Munds Park, AZ?

Munds Park, AZ median home values land near $591K. That is reasonable territory for investors looking at $1,701/mo-per-month rentals.

What kind of tenants rent in Munds Park, AZ?

Tenant quality in Munds Park, AZ ranks as solid. Landlords generally report predictable occupancy at market rents of $1,701/mo.

Are rents high in Munds Park, AZ?

Munds Park, AZ rentals go for roughly $1,701/mo a month. That puts gross yield in solid territory relative to $591K acquisition costs.

How strict are landlord regulations in Munds Park, AZ?

Rental owners in Munds Park, AZ deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Does house hacking make sense in Munds Park, AZ?

House hacking works a challenging in Munds Park, AZ. Rents of $1,701/mo against $591K acquisition make the strategy solid for owner-occupants.

You know 86017 now. You don’t know where it ranks.

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How 86017 ranks in Flagstaff, AZ

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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