Geographic · Number of Encumbered Properties

Phoenix — Number of Encumbered Properties

Invitation Homes Phoenix — Number of Encumbered Properties remained flat by 0.0% to $303.50 in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $303.50 to $303.50. Over 4 years (FY 2021 to FY 2025), Phoenix — Number of Encumbered Properties shows a downward trend with a -24.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025Feb 19, 2026

How to read this metric

Higher numbers indicate greater reliance on secured financing, which may limit financial flexibility compared to unencumbered assets.

Detailed definition

The number of properties within the Phoenix portfolio that are pledged as collateral for specific mortgage debt or other...

Peer comparison

Comparable to encumbered asset counts in SEC Schedule III filings for real estate investment trusts.

Metric ID: invh_segment_phoenix_number_of_encumbered_properties

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value3.7K1.6K1.6K1.2K1.2K
YoY Change-57.5%-0.8%-22.0%+0.0%
Range1.2K3.7K
CAGR-24.2%
Avg YoY Growth-20.1%
Median YoY Growth-11.4%

Frequently Asked Questions

What is Invitation Homes's phoenix — number of encumbered properties?
Invitation Homes (INVH) reported phoenix — number of encumbered properties of $303.50 in Q4 2025.
How has Invitation Homes's phoenix — number of encumbered properties changed year-over-year?
Invitation Homes's phoenix — number of encumbered properties decreased by 0.0% year-over-year, from $303.50 to $303.50.
What is the long-term trend for Invitation Homes's phoenix — number of encumbered properties?
Over 4 years (2021 to 2025), Invitation Homes's phoenix — number of encumbered properties has grown at a -24.2% compound annual growth rate (CAGR), from $3.69K to $1.21K.
What does phoenix — number of encumbered properties mean?
The number of rental homes in Phoenix used as collateral for debt.