Disclaimer: Rate data updated April 14, 2026. Rates change daily — contact lenders directly for current quotes. DSCRFinder.com does not guarantee rate accuracy.
DSCR Loan Rates in Phoenix — 2026
The Phoenix metro is one of the most active DSCR loan markets in the Southwest. After the 2021–2022 price spike and subsequent correction, Phoenix has settled into a more sustainable market with improving rent-to-value ratios. Low property taxes, no rent control, and strong population growth make Phoenix a compelling long-term DSCR investment market.
Current DSCR rates in Phoenix range from 7.15% to 8.75%.
Phoenix DSCR Rate Table — April 2026
| Borrower Profile | DSCR | FICO | Down Payment | Rate Range | |---|---|---|---|---| | Best-qualified | 1.25+ | 740+ | 30%+ | 7.15% – 7.50% | | Standard | 1.0–1.24 | 680–719 | 20–25% | 7.75% – 8.25% | | Moderate | 0.75–0.99 | 660–679 | 20% | 8.25% – 8.50% |
Phoenix Metro Submarket DSCR Guide
| Submarket | Price Range | Monthly Rent | Est. DSCR | Best For | |---|---|---|---|---| | Mesa (east) | $360,000–$480,000 | $2,000–$2,600 | 1.00–1.20 | Best value in metro | | Chandler | $400,000–$540,000 | $2,200–$2,800 | 1.00–1.20 | Tech corridor workers | | Gilbert | $420,000–$560,000 | $2,300–$2,900 | 1.00–1.20 | Top-rated schools | | Glendale / Surprise | $340,000–$460,000 | $1,900–$2,500 | 1.05–1.25 | Best cash flow | | Scottsdale | $600,000–$950,000+ | $2,800–$4,000 | 0.80–1.00 | STR / luxury rentals | | Tempe | $380,000–$520,000 | $2,100–$2,700 | 1.00–1.20 | ASU rental demand |
Phoenix Post-Correction Opportunity
Phoenix prices peaked in mid-2022 and corrected 10%–20% through 2023. As of 2026, the market has stabilized with modest appreciation returning. This correction has improved DSCR ratios compared to the 2022 peak — investors who missed the 2020–2021 window have a second opportunity at more reasonable price points.
Arizona Property Tax Advantage
Arizona's effective property tax rate is 0.60%–0.85% — one of the lowest in the US. On a $420,000 property, annual taxes are approximately $2,520–$3,570 ($210–$298/month). Compare this to Texas ($700+/month on the same property) — the difference dramatically improves Phoenix DSCR ratios vs. comparable Texas markets.
Phoenix STR Market (Scottsdale Focus)
Scottsdale is Arizona's premier STR market:
- 10 MLB spring training teams in the Cactus League drive Feb–April STR demand
- Golf tourism (over 200 golf courses in metro Phoenix) year-round
- Corporate events and music festivals generate premium STR rates
- Scottsdale STR permits are available through the city
- Average Scottsdale STR income: $3,500–$8,000+/month depending on property size and location
For Scottsdale STR DSCR loans, use lenders that accept AirDNA documentation.
Related: DSCR Rates Arizona | Current DSCR Rates April 2026 | DSCR Loans for STR | Compare Lenders
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