Short Term Rental Investment Properties for Sale in Phoenix, AZ
216- 2 Bed
- 2 Bath
- 1260 sft
387- 3 Bed
- 2 Bath
- 1280 sft
884- 4 Bed
- 4 Bath
- 2121 sft
855- 2 Bed
- 2 Bath
- 843 sft
Why Invest in Phoenix, Arizona?
Phoenix offers strong potential for **short-term rental** investments amid growing tourism and regulatory clarity from the city's STR permit process. Recent ordinances ensure compliant operations while supporting high occupancy in a booming market. Average rental yields hover around 8-10% with cap rates of 6-7%, driven by visitor demand. Annual appreciation averages 5%, bolstered by population influx and economic expansion. Renter-occupied units stand at 45%, indicating robust demand for flexible housing options.
Frequently Asked Questions
All short-term rental properties must obtain a permit from the Phoenix Planning & Development Department under the 2023 ordinance. The city issues or denies permits within 7 days of complete applications. Owners can appeal denials, but ADUs and non-residential uses are prohibited.
Find Your Perfect Investment Property in Phoenix, Arizona
Explore investment opportunities by strategy, performance, or property type
