Real Estate Investing in Kingman, Arizona (86409)

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

Mohave County • Population: 30,868 • Data updated: September 2026

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Should you buy in 86409 (Kingman, AZ)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.0% vacancy may signal weakening demand.

What’s happening in Kingman, AZ (86409)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $266,048
Avg Monthly Rent $1,488
1% Rule ✗ Does Not Meet
Median Income $47,171
% Renters 32.5%

Market Analysis: 86409 Kingman

Stepping back, ZIP 86409 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $266K median. It rewards specialists, not generalists.

In practical terms, the numbers look inviting — $266K purchase price, 0.0% nominal cap — the work to hit that pro forma in 86409 is substantial and deserves full respect.

Nearby ZIPs in Kingman have seen price recovery that 86409 has not matched. Mohave County data supports the view that the spread is structural rather than temporary.

Employment concentration in 86409 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Kingman:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.6× the median income
Value Trend
Rising (+3.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,488/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Lake Havasu City-Kingman, AZ Metro Area
More inventory, negotiating room for buyers
73 days
Average time to sell
Slow
8.3%
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 Lake Havasu City-Kingman, AZ metro data
🏠

Property Strategy for 86409

Which property type performs best in this market?

Best for Cash Flow
2BR
5.1% cap rate
Best for Appreciation
2BR
+9.9% 5yr CAGR
Best Overall Value
4BR
$80,026/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $174,018 $1,230 5.1% +9.9% $87,009
3BR $264,985 $1,700 4.6% +7.2% $88,328
4BR $320,103 $1,890 4.3% +6.8% $80,026

Market Trends

Home Value History (with trend line)

$284K$243K$202K$161K$119K$78KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,504$1,466$1,427$1,389$1,350$1,312Nov 2024Sep 2025Jul 2026

📊 How Does 86409 Compare?

Metric 86409 Kingman Lake Havasu City-Kingman, AZ Arizona
Home Value $266,048 $277,820 N/A $419,643
5-Year CAGR 3.6% 3.4% N/A 6.5%
Avg Rent $1,488 $1,443 N/A -
Cap Rate 4.4% 4.1% - -
💡 Why Invest in 86409? 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 86409 (Kingman, AZ). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+3.6%
Moderate

📊 Market Snapshot

Home Value $266,048
Monthly Rent $1,488
Price-to-Rent 14.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.4%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +3.0% ▲
3-Year CAGR +1.5% ▲
5-Year CAGR +3.6% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year +7.5% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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
8.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 86409

Population: 30,868

💰 Median Household Income
$47,171
This area
$47,171
State
$66,355
USA
$74,580
🏠 Renter Occupied
32.5%
This area
32.5%
State
28.6%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-23.2%
USA
3.7%
🎓 College Educated
13.1%
This area
13.1%
State
-1.0%
USA
33.7%
👤 Median Age
51.2 years
This area
51.2 years
State
11.1 years
USA
38.9 years
🏚️ Vacancy Rate
8.0%
This area
8.0%
State
19.2%
USA
10.5%
👥 Population by Ethnicity
White 85.7%
Other/Mixed 12.3%
Hispanic/Latino 8.0%
Black/African American 1.4%
Asian 0.6%
👶 Under 18
16.2%
This area
16.2%
USA
22.0%
👴 65 and Over
28.6%
This area
28.6%
USA
17.3%
📊 Poverty Rate
12.2%
This area
12.2%
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 86409

C+ Avg School Grade
9 Schools
18.6:1 Avg Class Size
$10,406 Avg Per Pupil

Schools in This ZIP Code

B Good

La Senita Elementary

📚 Pre-K – 05 Elementary
👥
199 Students
👨‍🏫
12.4:1 Class Size
💰
$11,694 Per Student
B Good

Cerbat Elementary

📚 K – 05 Elementary
👥
706 Students
👨‍🏫
20.2:1 Class Size
💰
$11,694 Per Student
C+ Average

Kingman High School

📚 09 – 12 High School
👥
919 Students
👨‍🏫
23.3:1 Class Size
💰
$11,694 Per Student
C Below Average

Kingman Academy of Learning - High School

📚 09 – 12 High School Charter Limited Data
👥
358 Students
💰
$9,440 Per Student
C Below Average

Kingman Academy of Learning - Intermediate School

📚 K – 08 School Charter Limited Data
👥
344 Students
💰
$9,440 Per Student
C Below Average

Kingman Academy of Learning - Middle School

📚 06 – 08 Middle Charter Limited Data
👥
337 Students
💰
$9,440 Per Student
C Below Average

Kingman Academy of Learning - Primary School

📚 K – 02 Elementary Charter Limited Data
👥
309 Students
💰
$9,440 Per Student
C Below Average

WAVE - Kingman High School

📚 09 – 12 High School Limited Data
C Below Average

WAVE - Mohave Community College

📚 10 – 12 High School Limited Data
👥
7 Students
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

1 Nearby 2,138 Off-Campus Students
C
Mohave Community College
3,693 students · 13.4 mi

Investor Insight: With 2,138 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What kind of vacancy should I budget for in Kingman, AZ?

Kingman, AZ vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Are landlord laws favorable in Kingman, AZ?

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

Does Kingman, AZ make sense for an investment property?

With a 3.0/5 investability score, Kingman, AZ ranks as a solid market for rental property investors. Median prices of $266K and rents of $1,488/mo drive the underlying numbers.

Can I live-in-and-rent in Kingman, AZ?

The house hack math a challenging in Kingman, AZ. Owner-occupant buyers benefit from the $1,488/mo rents and $266K home values.

How much rent can I charge in Kingman, AZ?

Kingman, AZ rentals go for roughly $1,488/mo a month. That puts gross yield in solid territory relative to $266K acquisition costs.

You know 86409 now. You don’t know where it ranks.

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How 86409 ranks in Lake Havasu City-Kingman, AZ

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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