The case
Home to Arizona State University's massive student population plus a growing tech-and-startup base, driving constant rental demand and strong per-unit yields near campus and light rail.
Heavy student turnover, summer softness, and premium pricing near campus; verify STR and leasing rules. Needs calendar-aware 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 investors comfortable with student rentals and active, calendar-aware management.
Buy-box fit
0 entriesNo published buy-box fits for this neighborhood.