What cash buyers have been doing here in the last 12 months.
Data last updated
In New River (85087), investors own about 65 tracked properties across 36 active buyers, with a median investor purchase price near $210,000. 17 were acquired in the last 12 months.
Acquisition pace is cooling: 17 properties bought in the last 12 months against roughly 24 the year before, down about 29%. Fewer buyers are competing per deal, which usually means more room to negotiate but a longer search for the right one.
The median investor-owned home was built around 1999. Only about 11.8% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
85087 has 36 active cash buyers holding roughly 65 properties. Averaging below 0.5 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Typical deal size in 85087 sits around $210,000. An average of $1,910,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
Most capital here runs buy & hold — 80.4% of tracked activity. Hold strategies mean patient money: slower decisions, but the rent roll carries more weight than the flip math.
Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.