Are you considering investing in real estate in Arizona and wondering where the best places are to establish your Airbnb portfolio? As a top-rated mortgage broker in the state of Arizona, Prime 33 has the inside scoop on the hottest real estate markets that are perfect for Airbnb investment opportunities. However, choosing the right location can be challenging. This blog post, with the help of Prime 33, the top-rated mortgage broker in Arizona, will guide you through the top locations in Arizona to invest in real estate and establish an Airbnb portfolio.
Flagstaff: A Unique Blend of Amenities for Your Airbnb Investment Property
Flagstaff is a charming mountain town located in northern Arizona. It is home to the Arizona Snowbowl ski resort, making it a popular destination for winter sports enthusiasts. Additionally, the town is a gateway to the Grand Canyon, attracting a large number of tourists year-round. With its picturesque views, outdoor activities, and cultural events, Flagstaff offers a unique blend of amenities that make it an ideal location for Airbnb investment properties. Mashvisor reports that the average rental income for a Flagstaff property listed on Airbnb is $2,480 per month.
Phoenix: A City of Opportunities
Phoenix, the capital city of Arizona, offers a range of opportunities for Airbnb investors. With a population of over 1.6 million, the city attracts many visitors, including business travelers and tourists. The city’s downtown area boasts a range of tourist attractions such as museums, sports venues, and live music venues. Additionally, the city hosts various festivals and events throughout the year, making it a popular destination for tourists. Investors can take advantage of the high demand for short-term rentals by acquiring properties in the downtown area or nearby neighborhoods such as Arcadia, Biltmore, and Camelback East. Prime 33 can help you secure a mortgage for your investment property in Phoenix, with competitive rates and personalized service. According to Mashvisor, the average rental income for a Phoenix property listed on Airbnb is $2,120 per month.
Sedona: An Exclusive and High-Demand Location
Sedona, surrounded by stunning red rock formations, is a picturesque city that attracts tourists and visitors all year round. The city has strict zoning regulations, which limits the number of short-term rentals available, making it an exclusive and high-demand location for Airbnb investors. Therefore, investors who manage to secure properties in Sedona can charge higher nightly rates, resulting in a significant return on investment. Prime 33 can help you navigate the complex regulations and secure a mortgage for your investment property in Sedona. According to Mashvisor, the average rental income for a Sedona property listed on Airbnb is $2,983 per month.
Scottsdale: Upscale and Wealthy Clientele
Scottsdale is known for its upscale resorts, shopping centers, and golf courses, attracting a wealthy clientele. Additionally, the city hosts various cultural events and festivals, including the Scottsdale Arabian Horse Show, which draws visitors from all over the world. The city also has strict zoning regulations on short-term rentals, which means investors need to do their due diligence when investing in properties in the area. Prime 33 can assist you with securing a mortgage for your investment property in Scottsdale and ensure you comply with all local zoning regulations. According to data from Mashvisor, the average rental income for a Scottsdale property listed on Airbnb is $3,947 per month, making it one of the highest-earning cities in Arizona for Airbnb hosts.
Tucson: A Hidden Gem for Airbnb Investment Properties in Arizona
Tucson is a vibrant city located in southern Arizona. It is home to the University of Arizona and offers a rich cultural experience with its museums, art galleries, and music venues. Additionally, Tucson’s sunny climate, desert landscape, and outdoor activities make it a popular destination for travelers. According to Mashvisor, the average rental income for a Tucson property listed on Airbnb is $1,661 per month.
Conclusion
Investing in Arizona’s real estate market can be a profitable venture, especially for those looking to establish an Airbnb investment portfolio. With its diverse range of attractions and amenities, the state offers a variety of locations that are ideal for short-term rental properties. With the help of Prime 33, the top-rated mortgage broker in Arizona, you can navigate the complex real estate market, secure a competitive mortgage rate, and establish your brand as a knowledgeable and trustworthy authority in the real estate market. Prime 33 is here to help you navigate the complexities of the real estate market and secure the financing you need to make your investment dreams a reality.
