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Rental Property Investment Guide: Safford, AZ

Updated 2026 · Based on median market data for Safford, AZ

Cap Rate
5.99%
Median Price
$295K
Rent/Mo
$1,920
1% Rule
0.65%
Fails

Market Snapshot

Safford sits in the West with a population of 50,000 growing rapidly at 1.6% annually. The median home costs $295,000 while rents average $1,920/mo, producing an estimated cap rate of 5.99%. This is a moderate market that rewards careful deal sourcing.

Who Should Invest Here

Safford appeals to balanced investors who want both cash flow and appreciation. The 1.6% annual population growth signals rising demand, while the 5.99% cap rate means deals can cash flow with the right structure. Look for properties below the median price point where rents are strong relative to the purchase price.

Deal Criteria for Safford

Target properties priced 15-25% below the $295,000 median — around $236,000 or less. At this price point with $1,920/mo rents, your cap rate improves to roughly 7.8%. Factor in 0.63% property taxes ($1,859/yr), budget 5% of gross rent for maintenance, and underwrite to a 5% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,824.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Safford property using our cap rate calculator (pre-filled with Safford data). Compare Safford against similar markets in the West region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Safford Compares

Safford vs Arizona state average and national average across key investment metrics. Safford outperforms both benchmarks on cap rate.

Metric
Safford
Arizona Avg
National Avg
Cap Rate
5.99%
3.49%
3.81%
Median Price
$295K
$406K
$333K
Median Rent
$1,920
$1,709
$1,524
Property Tax
0.63%
0.63%
1.08%
Vacancy
5%
5%
5.6%
Pop. Growth
1.6%/yr
1.6%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Safford, AZ
6.0%
$295K
$1,920
0.63%
Fairbanks, AK
5.4%
$295K
$1,900
1.04%
Pueblo, CO
3.8%
$285K
$1,300
0.53%
Las Cruces, NM
3.7%
$285K
$1,340
0.8%
Casper, WY
3.1%
$305K
$1,220
0.61%

Frequently Asked Questions

Is Safford, AZ a good place to invest in rental property?
Safford has an estimated cap rate of 5.99%, which is above the national average of 3.81%. With median home prices at $295K and rents of $1,920/mo, Safford offers strong cash flow fundamentals for rental investors. Population growth of 1.6% and 5% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Safford?
The estimated cap rate for Safford is 5.99%, based on median home prices of $295K, median rents of $1,920/mo, a 0.63% property tax rate, and 5% vacancy. This compares to a 3.49% average across Arizona and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Safford?
The median home price in Safford is $295,000, which is 12% below the national average of $333,419. A 20% down payment would be approximately $59,000. Investment properties in Safford range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Safford property taxes for investors?
Safford's effective property tax rate is 0.63%, which is above the Arizona average of 0.63% and below the national average of 1.08%. On a $295K property, annual taxes are approximately $1,859 ($155/mo). Low property taxes are a significant cash flow advantage here.
Full Safford Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Safford & Related Markets

More Safford Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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