Queen Creek /San Tan Valley AZ area for investment

[Rayman Shakuri]

Hello,

What do you guys think of the san tan valley/ queen creek area in arizona for a first time home buy as a primary residence or investment? They are building a lot of things out there, just looking to see what others think.

[Charles Soper]

I live in Southeast Gilbert, a stone's throw from the area. Great area for families and a growing community. The futher out into Queen Creek you go the less expensive homes get and thus the overall demographics in relation to income. If you can find a SFR on the forclosure market you might get it for 10% under market, very hot market for buy/hold/rent investors right now, one of few places in the Phoenix metro area that comes close to the 2% rule. Probably not much in the flip realm (I've stopped looking out there) as most everything is new in the last 10 years or so. San Tan Valley is even further out (ugly commute if you work in/near downtown PHX) but is also growing with new developments. Hope this helps, feel free to reach out if you have any specific questions I might be able to answer.