The case
The urban core near downtown, ASU's downtown campus, and the medical district supports both long-term demand and mid-term furnished rentals for travel nurses and medical staff - a resilient niche.
Older stock in pockets and mid-term furnished rentals need active management; verify STR rules. Budget upkeep. Returns depend on management. Phoenix has cooled from its boom to a balanced market (prices flat-to-down, ~58% of listings with reductions) - underwrite for modest near-term appreciation. Arizona's low ~0.45% property tax helps net returns.
Best for
Cash-flow buyers who want urban-core demand and a travel-nurse mid-term-rental angle.
Buy-box fit
0 entriesNo published buy-box fits for this neighborhood.