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Market MapPayson, AZ
Metropolitan Area

Payson, AZ

Arizona0
50
/100
Hold
#722 of 894 metros
Top 81% nationally for investing

Market Snapshot

$389,536
Median Home Price
53% above national median
$1,904/mo
Median Rent
37% above national median
5.87%
Rent-to-Price Ratio
Top 51% nationally
-$804
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$389,536
Down Payment (20%)$77,907
Loan Amount$311,629
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,904
Monthly P&I-$2,042
Est. Expenses (35%)-$666
Net Cash Flow-$804/mo
3.8%
Cap Rate (all cash)
-10.8%
Cash-on-Cash Return
5.87%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
50/100
50
Cash Flow(30%)
58/100

Based on 5.87% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
43/100

Based on -1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
47/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Declining home values (-1.0% YoY)
  • -Negative cash flow at typical financing (-$804/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 6.9%)

Counties in Payson, AZ

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Athens, OH
Athens, OH
70$188,414$9295.92%BuyView
North Wilkesboro, NC
North Wilkesboro, NC
70$226,306$1,2476.61%BuyView
Roswell, NM
Roswell, NM
70$175,140$1,3269.09%BuyView
Forest City, NC
Forest City, NC
70$223,493$1,1836.35%BuyView
Ardmore, OK
Ardmore, OK
70$182,709$1,2218.02%BuyView
Current
Payson, AZ
50$389,536$1,9045.87%Hold

The Bottom Line

HoldPayson, AZ is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Payson, AZ metro area scores 50/100, ranking #722 of 894 US metros (top 81%). The 5.87% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-804/mo
Cap Rate
3.8%
Cash-on-Cash
-12.4%

Ready to Invest in Payson, AZ?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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