Phoenix metro Buy and Hold Rental market
I am a local investor in the Phoenix area looking to acquire a few SFR buy and hold properties. Even though rental demand is still strong, gross yields in Phoenix metro are on the decline right now due to the fact that property appreciation is outstripping rental rates in most zip codes. I'm looking for gross yield by zip code data or better yet a heat map. Anyone have any insight into the best zips for highest yield in the $200-$300K range?