Real Estate Investment Properties for Sale in Flagstaff, AZ

Looking for investment property in Flagstaff, AZ with high ROI ?

Explore a variety of short-term homes & houses in Flagstaff, AZ. Invest wisely with VRBO & Flagstaff, AZ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Flagstaff, AZ

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5024 S TOPAZ Road Flagstaff, AZ Located in sought-after Ponderosa Trails, this 4-bedroom home offers space, comfort, and v...	4 beds \| 4 baths \| 2,628 sq.ft.	$884,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.34% Airbnb Rental Income: $2239 Traditional Rental Income: $3134 Airbnb ROI: 0.58% Traditional ROI: 2.34%
12355 Comstock Drive Flagstaff, AZ Discover the perfect blend of space, comfort, and convenience in this beautifully maintain...	3 beds \| 2 baths \| 1,671 sq.ft.	$639,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.56% Airbnb Rental Income: $1977 Traditional Rental Income: $2399 Airbnb ROI: 0.98% Traditional ROI: 2.56%
10290 Lundin Road Flagstaff, AZ Charming Custom Home with Stunning Views. This open split floor plan is nestled on a 1-acr...	3 beds \| 2 baths \| 2,446 sq.ft.	$950,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.51% Airbnb Rental Income: $1977 Traditional Rental Income: $2705 Airbnb ROI: 0.1% Traditional ROI: 1.51%
1535 E Appalachian Road Flagstaff, AZ Looking for that perfect mountain retreat just minutes from the forest? This exceptional 4...	4 beds \| 3 baths \| 2,064 sq.ft.	$815,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 1.82% Airbnb Rental Income: $2239 Traditional Rental Income: $2459 Airbnb ROI: 0.79% Traditional ROI: 1.82%
1300 N La Costa Flagstaff, AZ This Beautiful Country Club home comes fully furnished and short-term rentals are allowed....	3 beds \| N/A baths \| 1,936 sq.ft.	$749,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 1.81% Airbnb Rental Income: $1977 Traditional Rental Income: $2390 Airbnb ROI: 0.48% Traditional ROI: 1.81%
3148 Pioneer Trail Flagstaff, AZ Sustainable Award Winning Strawbale home on incredibly PRIVATE 2.52 acres! Mountain Living...	2 beds \| 2 baths \| 2,501 sq.ft.	$1,279,333	Airbnb cash on cash: -0.02% Traditional cash on cash: 0.52% Airbnb Rental Income: $2296 Traditional Rental Income: $2369 Airbnb ROI: -0.02% Traditional ROI: 0.52%
3299 S TEHAMA Circle Flagstaff, AZ Welcome to 3299 S Tehama Circle, a beautifully remodeled home in the exclusive Pine Canyon...	4 beds \| 4 baths \| 4,096 sq.ft.	$3,890,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -0.19% Airbnb Rental Income: $2239 Traditional Rental Income: $4400 Airbnb ROI: -0.94% Traditional ROI: -0.19%
2924 N Main Street Flagstaff, AZ Blue Beauty is a professionally renovated 4 Bedroom/2 Bathroom home with quality construct...	4 beds \| 2 baths \| 1,484 sq.ft.	$574,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.1% Airbnb Rental Income: $2239 Traditional Rental Income: $2427 Airbnb ROI: 1.7% Traditional ROI: 3.1%
1735 E ELYSIAN Court Flagstaff, AZ Escape to this stunning mountain retreat where modern comfort meets natural beauty in pres...	3 beds \| 4 baths \| 2,962 sq.ft.	$1,950,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.3% Airbnb Rental Income: $1977 Traditional Rental Income: $3365 Airbnb ROI: -0.76% Traditional ROI: 0.3%
6360 E Abineau Canyon Drive Flagstaff, AZ Located in the prestigious Walnut Ridge neighborhood. Potential Mother-In-Law quarters. Th...	4 beds \| 4 baths \| 3,405 sq.ft.	$1,110,030	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.91% Airbnb Rental Income: $2239 Traditional Rental Income: $3501 Airbnb ROI: 0.14% Traditional ROI: 1.91%
4567 E ALLISON Drive Flagstaff, AZ Defined by thoughtful updates and meticulous care, this well-designed townhome offers a la...	3 beds \| 3 baths \| 1,524 sq.ft.	$479,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.42% Airbnb Rental Income: $1977 Traditional Rental Income: $2312 Airbnb ROI: 1.51% Traditional ROI: 3.42%
1515 E CASTLE HILLS Drive Flagstaff, AZ Welcome to 1515 E Castle Hills Drive, perfectly placed in the tall pines of Flagstaff. Thi...	3 beds \| 3 baths \| 1,799 sq.ft.	$1,400,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.12% Airbnb Rental Income: $1977 Traditional Rental Income: $2624 Airbnb ROI: -1.02% Traditional ROI: -0.12%
4560 S Saddle Horn Flagstaff, AZ Welcome to the Casa de Madera e Piedra (The House of Wood and Stone). This Mountain Retrea...	4 beds \| 4 baths \| 5,363 sq.ft.	$3,250,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.07% Airbnb Rental Income: $2239 Traditional Rental Income: $4500 Airbnb ROI: -0.86% Traditional ROI: 0.07%
7917 Saturn Drive Flagstaff, AZ Enjoy breathtaking mountain views from this 4-bedroom, 3-bath home in the desirable Sunset...	4 beds \| 3 baths \| 2,238 sq.ft.	$629,500	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.09% Airbnb Rental Income: $2239 Traditional Rental Income: $2609 Airbnb ROI: 1.5% Traditional ROI: 3.09%
9534 N ALDRICH Road Flagstaff, AZ Don't miss your opportunity to own this stunningly remodeled SINGLE LEVEL home with breath...	4 beds \| 2 baths \| 1,911 sq.ft.	$1,225,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 0.99% Airbnb Rental Income: $2239 Traditional Rental Income: $2604 Airbnb ROI: 0.17% Traditional ROI: 0.99%
2553 W Cripple Creek Drive Flagstaff, AZ TURN KEY~~~Experience comfort, convenience, and Flagstaff's outdoor lifestyle in this beau...	4 beds \| N/A baths \| 1,920 sq.ft.	$589,950	Airbnb cash on cash: 1.24% Traditional cash on cash: 2.48% Airbnb Rental Income: $2239 Traditional Rental Income: $2357 Airbnb ROI: 1.24% Traditional ROI: 2.48%
2545 W Cripple Creek Drive Flagstaff, AZ Welcome to this exceptional townhome in Railroad Springs! One of the largest available! St...	4 beds \| N/A baths \| 1,923 sq.ft.	$598,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.54% Airbnb Rental Income: $2239 Traditional Rental Income: $2423 Airbnb ROI: 1.21% Traditional ROI: 2.54%
738 W Cattle Drive Trail Flagstaff, AZ Incredible Value, Prime Spot! Fall in love with this well cared for 3-bedroom, 2.5 bath ho...	3 beds \| N/A baths \| 1,676 sq.ft.	$695,500	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.85% Airbnb Rental Income: $1977 Traditional Rental Income: $2820 Airbnb ROI: 0.75% Traditional ROI: 2.85%
5276 N THORNTON Place Flagstaff, AZ Spacious and beautifully updated, this 4-bedroom, 2-bath manufactured home sits on a desir...	4 beds \| 2 baths \| 1,640 sq.ft.	$460,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 4.58% Airbnb Rental Income: $2239 Traditional Rental Income: $2628 Airbnb ROI: 2.37% Traditional ROI: 4.58%
5111 N Weatherford Road Flagstaff, AZ Mountain retreat at the base of Snowbowl 4800 ft.Â² on 2 1/2 acres. Located at the base...	4 beds \| 4 baths \| 4,800 sq.ft.	$1,350,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 1.86% Airbnb Rental Income: $2239 Traditional Rental Income: $4307 Airbnb ROI: -0.23% Traditional ROI: 1.86%
3766 N Pine Drive Flagstaff, AZ Welcome to 3766 N Pine Dr in Flagstaff's Upper Greenlaw Estates. This 3-bedroom, 2-bath ho...	3 beds \| 2 baths \| 1,796 sq.ft.	$589,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.86% Airbnb Rental Income: $1977 Traditional Rental Income: $2403 Airbnb ROI: 1.15% Traditional ROI: 2.86%
19 W DALE Avenue #202 Flagstaff, AZ Urban style living meets small town charm. Rare custom designed, 2 bed, 2 bath, condo wait...	2 beds \| 2 baths \| 971 sq.ft.	$600,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.03% Airbnb Rental Income: $1979 Traditional Rental Income: $1965 Airbnb ROI: 0.13% Traditional ROI: 1.03%
1710 N FAIRWAY Drive Flagstaff, AZ Unprecedented Golf Course/Waterfront opportunity in Continental Country Club! Rare single-...	2 beds \| 2 baths \| 1,093 sq.ft.	$739,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.21% Airbnb Rental Income: $1979 Traditional Rental Income: $2027 Airbnb ROI: 0.39% Traditional ROI: 1.21%
4010 N Goodwin Circle Flagstaff, AZ Welcome to your beautifully updated 3 bed, 3 bath townhome with spectacular views of Mt. E...	3 beds \| 3 baths \| 1,427 sq.ft.	$549,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.65% Airbnb Rental Income: $1977 Traditional Rental Income: $2133 Airbnb ROI: 0.33% Traditional ROI: 1.65%
2954 S Perdiz Lane Flagstaff, AZ Nestled in the serene community of Presidio in the Pines, this charming property offers a ...	3 beds \| 2 baths \| 1,534 sq.ft.	$640,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.39% Airbnb Rental Income: $1977 Traditional Rental Income: $2374 Airbnb ROI: 0.86% Traditional ROI: 2.39%
2269 W MISSION TIMBER Circle Flagstaff, AZ Fabulous single family detached home in one of Flagstaff's most desirable newer subdivisio...	3 beds \| 2 baths \| 1,575 sq.ft.	$630,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 2% Airbnb Rental Income: $1977 Traditional Rental Income: $2116 Airbnb ROI: 0.89% Traditional ROI: 2%
3623 W Modus Lane Flagstaff, AZ Don't miss this turn-key dream of a home, with over 50K in thoughtful upgrades, from cabin...	3 beds \| 3 baths \| 1,991 sq.ft.	$899,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.83% Airbnb Rental Income: $1977 Traditional Rental Income: $3087 Airbnb ROI: -0.11% Traditional ROI: 1.83%
11 E Sullivan Avenue Flagstaff, AZ Modern Downtown Flagstaff Duplex - Prime Investment Opportunity! Check out this stunning, ...	N/A beds \| N/A baths \| 3,366 sq.ft.	$1,525,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.48% Airbnb Rental Income: $1334 Traditional Rental Income: $2672 Airbnb ROI: -0.76% Traditional ROI: 0.48%
1385 W University Avenue unit: 194 #194 Flagstaff, AZ Fresh paint and is offered with all contents included! Great split 2 bedroom - 2 bathroom,...	2 beds \| 2 baths \| 906 sq.ft.	$349,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.64% Airbnb Rental Income: $1979 Traditional Rental Income: $1659 Airbnb ROI: 2.04% Traditional ROI: 2.64%
763 COMANCHE Street Flagstaff, AZ Welcome to this beautifully built Flagstaff cabin, nestled in a secluded forest retreat. C...	3 beds \| 2 baths \| 2,010 sq.ft.	$699,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.21% Airbnb Rental Income: $2013 Traditional Rental Income: $2557 Airbnb ROI: 0.57% Traditional ROI: 2.21%
5895 Timberline Trail Flagstaff, AZ Assumable VA Loan! You do not have to be VA. Beautiful Timberline home with great convenie...	3 beds \| 3 baths \| 2,000 sq.ft.	$739,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.15% Airbnb Rental Income: $1977 Traditional Rental Income: $3207 Airbnb ROI: 0.61% Traditional ROI: 3.15%
2630 N EDDY Drive Flagstaff, AZ Step into your dream home in one of Flagstaff's most sought-after neighborhoodsânow with...	3 beds \| 2 baths \| 1,318 sq.ft.	$649,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.52% Airbnb Rental Income: $1977 Traditional Rental Income: $2411 Airbnb ROI: 0.94% Traditional ROI: 2.52%
8390 N Stardust Trail Flagstaff, AZ This is it! Super cute and updated 3 bedroom, 2 bath home that is totally move in ready. J...	3 beds \| 2 baths \| 1,340 sq.ft.	$649,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.67% Airbnb Rental Income: $1977 Traditional Rental Income: $2525 Airbnb ROI: 0.92% Traditional ROI: 2.67%
2468 N Strawberry Way Flagstaff, AZ Welcome to this updated SINGLE LEVEL home. Enjoy MULTIPLE LIVING SPACES including a great ...	3 beds \| 2 baths \| 2,104 sq.ft.	$785,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.93% Airbnb Rental Income: $1977 Traditional Rental Income: $3286 Airbnb ROI: 0.43% Traditional ROI: 2.93%
4822 E Merriam Drive Flagstaff, AZ Tucked at the base of Mt. Elden, this charming 3-bedroom, 2-bath manufactured home offers ...	3 beds \| 2 baths \| 1,094 sq.ft.	$455,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.26% Airbnb Rental Income: $1977 Traditional Rental Income: $1992 Airbnb ROI: 2.01% Traditional ROI: 3.26%
530 N Moriah Drive Flagstaff, AZ Experience luxury mountain living at Switzer Canyon Village Townhomes. This stunning 2,461...	3 beds \| N/A baths \| 2,461 sq.ft.	$854,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.98% Airbnb Rental Income: $1977 Traditional Rental Income: $3767 Airbnb ROI: 0.07% Traditional ROI: 2.98%
5053 S Topaz Road Flagstaff, AZ Discover the highly sought-after neighborhood of the Summit at Ponderosa Trails with this ...	5 beds \| N/A baths \| 2,994 sq.ft.	$950,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.47% Airbnb Rental Income: $2773 Traditional Rental Income: $3546 Airbnb ROI: 0.86% Traditional ROI: 2.47%
6459 Lumberjack Boulevard Flagstaff, AZ Stunning 3-bedroom home in beautiful Flagstaff is a great opportunity for investors seekin...	3 beds \| 2 baths \| 2,300 sq.ft.	$427,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 6.15% Airbnb Rental Income: $1977 Traditional Rental Income: $3046 Airbnb ROI: 2.18% Traditional ROI: 6.15%
302 W Oak Avenue unit: 7 #7 Flagstaff, AZ TO BE BUILT, Model home available to view, Lot 11. Homesite premium for lot 7, is 20,000 d...	3 beds \| N/A baths \| 1,185 sq.ft.	$635,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.45% Airbnb Rental Income: $1977 Traditional Rental Income: $2136 Airbnb ROI: 0.31% Traditional ROI: 1.45%
3495 W Lead Rope Flagstaff, AZ This beautiful UPDATED single family home is nestled within the gated golf community of Fl...	4 beds \| N/A baths \| 2,235 sq.ft.	$1,145,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.93% Airbnb Rental Income: $2239 Traditional Rental Income: $3820 Airbnb ROI: -0.09% Traditional ROI: 1.93%

Real Estate investment in Flagstaff, AZ

There are 196 properties for sale in the city of Flagstaff . The median list price in Flagstaff is $720,000 and the average price per square foot is $321. In October 2025, the average monthly cash on cash return in Flagstaff is 2.00%. The average monthly rental income in Flagstaff is $2,320.

Flagstaff, AZ Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 196 investment properties available for sale in Flagstaff.

In 2025, the best neighborhood to buy investment property is Flagstaff.

The ROI for Long-Term is higher than the Short-Term in Flagstaff with average rental income of $2,320.

Your search for investment property begins and ends here

Investment Property for Sale in Flagstaff, AZ

5024 S TOPAZ Road

Flagstaff, AZ

4 beds | 4 baths | 2,628 sq.ft.

$884,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2239

Traditional Rental Income: $3134

Airbnb ROI: 0.58%

Traditional ROI: 2.34%

12355 Comstock Drive

Flagstaff, AZ

3 beds | 2 baths | 1,671 sq.ft.

$639,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $1977

Traditional Rental Income: $2399

Airbnb ROI: 0.98%

Traditional ROI: 2.56%

10290 Lundin Road

Flagstaff, AZ

3 beds | 2 baths | 2,446 sq.ft.

$950,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1977

Traditional Rental Income: $2705

Airbnb ROI: 0.1%

Traditional ROI: 1.51%

1535 E Appalachian Road

Flagstaff, AZ

4 beds | 3 baths | 2,064 sq.ft.

$815,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2239

Traditional Rental Income: $2459

Airbnb ROI: 0.79%

Traditional ROI: 1.82%

1300 N La Costa

Flagstaff, AZ

3 beds | N/A baths | 1,936 sq.ft.

$749,900

Airbnb cash on cash: 0.48%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $1977

Traditional Rental Income: $2390

Airbnb ROI: 0.48%

Traditional ROI: 1.81%

3148 Pioneer Trail

Flagstaff, AZ

2 beds | 2 baths | 2,501 sq.ft.

$1,279,333

Airbnb cash on cash: -0.02%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $2296

Traditional Rental Income: $2369

Airbnb ROI: -0.02%

Traditional ROI: 0.52%

3299 S TEHAMA Circle

Flagstaff, AZ

4 beds | 4 baths | 4,096 sq.ft.

$3,890,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: -0.19%

Airbnb Rental Income: $2239

Traditional Rental Income: $4400

Airbnb ROI: -0.94%

Traditional ROI: -0.19%

2924 N Main Street

Flagstaff, AZ

4 beds | 2 baths | 1,484 sq.ft.

$574,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $2239

Traditional Rental Income: $2427

Airbnb ROI: 1.7%