ZIP CODE 85301 // PHOENIX-MESA-CHANDLER, AZ // DATA AS OF 2026-09-30
Glendale, AZ (85301) Rental Property Cap Rate & Cash Flow Report
Located in Maricopa County (Glendale, AZ), Zip Code 85301 ranks #278 of 500 within this selected sample (45th percentile) with a Zillow ZHVI typical home-value index of $305,492 (-1.8% YoY) and a ZORI observed market rent of $1,166/mo (+3.2% YoY). Requires at least 60.9% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$790/mo
Annual: -$9,480/yr
Modeled Cap Rate
2.96%
NOI: $9,057/yr
Cash-on-Cash Return
-13.49%
Cash Needed: $70,263
1% Rule Ratio
0.38%
Gross Yield: 4.58%
Break-Even Rent
$2,074/mo
State Tax: 0.52%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 85301 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (AZ Avg 0.52%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,545/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$411/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (85301)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $281,837 | $1,054/mo | 4.49% |
| 2022 | $334,985 | $1,215/mo | 4.35% |
| 2023 | $314,777 | $1,201/mo | 4.58% |
| 2024 | $325,687 | $1,219/mo | 4.49% |
| 2025 | $311,077 | $1,131/mo | 4.36% |
| 2026 | $305,492 | $1,166/mo | 4.58% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 85142 Queen Creek, AZ | $586,082 | $2,206/mo | 2.91% | -$1,542/mo |
| 85338 Goodyear, AZ | $432,143 | $1,688/mo | 3.06% | -$1,084/mo |
| 85383 Peoria, AZ | $636,043 | $2,343/mo | 2.83% | -$1,718/mo |
| 85212 Mesa, AZ | $553,659 | $2,199/mo | 3.13% | -$1,357/mo |
| 85308 Glendale, AZ | $467,433 | $1,707/mo | 2.79% | -$1,276/mo |
| 85225 Chandler, AZ | $438,217 | $1,754/mo | 3.16% | -$1,062/mo |