Q1 2026 State Underwriting Telemetry · Arizona (AZ)

Arizona (AZ) DSCR, Cap-Rate & Rental Market Report (2026)

In Q1 2026, Arizona (AZ) 1–4 unit investment properties trade at a median acquisition price of $445,000 with Form 1007 market rent of $3,150/mo (8.49% gross rental yield) and 5+ unit multifamily rent of $1,750/door. Lenders underwrite Arizona escrows at a 0.56% average property tax rate and $440/$100K landlord hazard insurance under a Non-Judicial (Deed of Trust — 91-Day Trustee Sale) statutory regime (95–115 days days).

Arizona County-Level Tax & Insurance Breakdown

Top Arizona Submarkets

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Arizona (AZ) DSCR, Cap-Rate & Rental Market Report (2026) | Stephen R. Mannenbach | Stephen Mannenbach