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Chandler, AZ Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,921
Monthly Cash Flow
-$829
Principal + Equity
$3,319
Annual Total Gain
$29,876
Cash on Cash
-7.62%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$188
Occupancy Rate
66.67%
Monthly Revenue
$2,499
Monthly Cash Flow
-$626
Principal + Equity
$3,319
Annual Total Gain
$32,309
Cash on Cash %
-5.75%
Net ROI %
Market Health & Growth
Median Income
$103,691
Population
278,123
LTR Renter %
34.4%
Forecast (1 yr)
0.47%
Appreciation (1 yr)
-3.54%
Appreciation (5 yr)
37.75%
Appreciation (10 yr)
91.27%
Job Growth
0.83%
LTR Rentability
Low
STR Demand
63
STR Rentals
1,032
Top Public Schools
ABASIS Ahwatukee
ABASIS Mesa
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Places with the Best Public Schools in Arizona
#2out of 121 markets
Best Suburbs for Young Professionals in Arizona
#3out of 57 markets
Suburbs with the Best Public Schools in Arizona
#2out of 55 markets
A
Public School
C
Crime And Safety
B-
Housing
B
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Chandler, AZ.
In Chandler, AZ, short term rentals (STRs) are regulated by the city's Zoning Code and City Code. Here are some key regulations that an investor should be aware of before investing in purchasing a property for short term rental in Chandler:
1. Zoning restrictions: Chandler has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Licensing requirements: Property owners who wish to operate a short term rental in Chandler must obtain a Transient Lodging Tax License from the city. This license must be renewed annually and failure to obtain the necessary license can result in fines.
3. Occupancy limits: Chandler has occupancy limits for short term rentals, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them when renting out their property.
4. Noise and nuisance regulations: Chandler has noise and nuisance regulations that apply to short term rentals. Investors should ensure that their guests are aware of these regulations and take steps to prevent disturbances to neighbors.
5. Tax obligations: Property owners who operate short term rentals in Chandler are required to collect and remit transient lodging taxes to the city. Investors should be aware of these tax obligations and ensure that they are in compliance with them.
6. HOA restrictions: If the property is located in a homeowners' association (HOA), investors should review the HOA's rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on short term rentals.
Overall, investors should thoroughly research and understand the regulations and requirements for operating a short term rental in Chandler before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, and potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Chandler, AZ, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Chandler, AZ.
The LTR Genie Score of Chandler, AZ is 57 and STR Genie Score is 62, indicating a moderate to high potential for both long-term and short-term rental investments. The LTR Rentability is low, which may be attributed to the low LTR Rent Growth Rate of 0.0554%. However, the LTR Net ROI of 22.87% suggests a decent return on investment for long-term rentals. On the other hand, the STR Net ROI of 24.73% and high STR Genie Score indicate a strong potential for short-term rental investments in Chandler. With a 1-Year Price Appreciation Forecast of 0.47% and a STR Occupancy rate of 66.67%, the market seems to be stable and profitable for short-term rentals.
Chandler, AZ is a thriving city located in the Phoenix metropolitan area, known for its strong job market, excellent schools, and vibrant community. The city offers a mix of suburban and urban living, making it attractive to a wide range of renters.
Overall, Chandler, AZ appears to be a promising market for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by investing in both rental strategies to maximize their returns in this growing market.
LTR Genie Score 66
$722,200
🛏 5 Beds🛁 3.0000 Baths🏙 3,008 sqft.🏠 SINGLE FAMILY
