Mesa, AZ variant. This is a Mesa, AZ-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Mesa's gross rental yield - annual rent ÷ property price - is about 4.8%, based on $1,700/month rent on a $425,000 median home.
Rental yield in Mesa
Gross yield = ($1,700 × 12) ÷ $425,000 = 4.8%. Net yield subtracts property tax (0.59%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Mesa's sub-5% gross yield signals an appreciation-driven market.
About Mesa, AZ
Mesa applies Arizona state and local sales taxes, with a moderate overall tax burden.
Mesa's home prices have risen with the broader Phoenix metro and now sit above the national average.
Mesa is part of the greater Phoenix metropolitan area, with a cost of living somewhat above the national average.
Worked example: Mesa yield
Annual rent $20,400 ÷ price $425,000 = 4.8% gross. After 0.59% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $425,000
- Median rent: $1,700/mo
- Median household income: $78,700
- Local sales tax: 8.3%
- Effective property tax rate: 0.59%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Mesa runs about 4.8%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.