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Updated over 5 years ago,
Rentals in Peoria, AZ
I'm curious is anyone buying rentals in Peoria, AZ that are cashing flowing?
I have a family friend living in Peoria that is looking for a bigger place to rent. She would be a great tenant because she can't qualify to buy and is looking for a place where she can stay long term (10yrs+). I'm looking for a 4 bedroom single family house under $300K and would only be putting 10% down. Places I have looked at the numbers don't seem to work well or are tight. Curious to hear if others are buying rentals in that particular area? To me the market seems a bit high right now.
Any feedback would be appreciated. Thanks!