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Rates

Arizona DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 5.80%

Rental property financing for Arizona investors qualified on property cash flow, not personal income, W-2s, or tax returns. Serving Phoenix, Tucson, Mesa, Scottsdale and the rest of Arizona. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • Credit is lender underwriting
  • Best-tier from 5.80%
  • 21–30 day close

Indicative as of August 1, 2026. Not a quote. Lenders set final pricing at underwriting.

See If You QualifyCalculate Your DSCR

Can I get a DSCR rental loan in Arizona?

Yes. DSCR loans in Arizona qualify investors based on property cash flow with a 1.2 DSCR minimum. Credit and equity injection are lender underwriting. PeerSense does not set a FICO floor. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Governed best-tier floor 5.80% from rate-floors.json.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated August 1, 2026.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Arizona Rental Market Snapshot

State-level data DSCR underwriters use to size Arizona rental deals.

Median Home Price
$425K
Statewide single-family
Gross Rental Yield
5.0–7.5%
Annual rent / price
Eviction Timeline
21–35 days
landlord-friendly
Rate Adjustment
neutral
vs national baseline

Arizona's non-judicial foreclosure framework and surging Sun-Belt in-migration make it a top-five DSCR origination state. Phoenix MSA SFR rents grew faster than the national average through 2025, and Scottsdale's STR-permitted inventory continues to support 1.6+ DSCR ratios. Investors should note Phoenix and Tempe limit STR density in residential zones, verify local STR registration before underwriting nightly-rate income.

Major Arizona Markets We Serve

Active DSCR deal flow across Arizona's core rental markets. Same DSCR math statewide. Credit and equity injection are lender underwriting.

MetroMedian PriceGross YieldDSCR Investor Notes
Phoenix$445K5.5–6.5%Largest DSCR market in AZ, strong long-term rental demand, limited STR-permitted inventory
Tucson$320K6.5–7.5%Higher cap rates, university rental demand, lower entry price
Mesa$415K5.5–6.5%Suburban Phoenix, family-oriented LTRs, fast-growing employment
Scottsdale$845K4.0–5.5%Premium STR market, Old Town/North Scottsdale STRs hit 1.8–2.2 DSCR
Arizona investor note:Arizona is non-judicial for trustee-deed foreclosures and has no statewide rent control. STR-permitted markets in Scottsdale and Sedona run higher DSCR than long-term rent.

Arizona Eviction Timeline & Landlord Posture

How Arizona courts handle non-payment evictions, material to DSCR loss-severity assumptions.

Posture
landlord-friendly
Typical Timeline
21–35 days
Rent Control
None / preempted

Arizona's Residential Landlord and Tenant Act allows non-payment evictions in as few as 21 days from notice. Special detainer hearings are scheduled within 6 days of filing.

Arizona Rate Adjustment vs National Baseline

neutralover national baseline pricing

Phoenix/Scottsdale jumbo pricing tracks national baseline; non-judicial foreclosure shortens lender risk timeline.

Final pricing depends on DSCR, LTV, property type, and program. Credit is lender underwriting. Governed best-tier floor 5.80% from rate-floors.json as of August 1, 2026.

DSCR Lenders Active in Arizona

The non-bank DSCR programs we see most frequently funding Arizona rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.

  • Kiavi
  • Visio Lending
  • Lima One
  • CoreVest

PeerSense is independent, not a lender. Lenders listed are programs we have funded Arizona deals through; specific terms vary by file.

Arizona DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ exists on specialty programs. Credit and equity are lender underwriting.
CreditLender underwritingPeerSense does not set a FICO floor. Capture the score on the form.
EquityLender underwritingPurchase DSCR is commonly structured around 65 to 75% LTV. PeerSense does not set a typical down.
Property Type1–4 units or multifamilyCondos, townhomes, STRs OK where legal
Income DocsNoneNo tax returns, W-2s, DTI check
Reserves6 months PITIAChecking, savings, stocks qualify
Close Time21–30 daysCash-out refi: 14–21 days

Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Get Arizona DSCR Loan Terms

DSCR Rental: Response within 24–48 hours. No obligation.

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