Real Estate Investment Properties for Sale in Phoenix, AZ

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

Explore a variety of short-term homes & houses in Phoenix, AZ. Invest wisely with VRBO & Phoenix, 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 Phoenix, AZ

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5138 W FULTON Street Phoenix, AZ Welcome Home! This beautifully updated 2-bedroom, 1.5-bath home is ready for its next chap...	2 beds \| 2 baths \| 1,278 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 4.82%
4121 N 79TH Drive Phoenix, AZ WOW THIS BEAUTIFUL 4 BEDROOM AND NO HOA HOME HAS IT ALL! NEW ROOF 2025, 200 AMP ELECTRICAL...	4 beds \| 2 baths \| 1,332 sq.ft.	$364,999	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.26% Airbnb Rental Income: $1708 Traditional Rental Income: $2335 Airbnb ROI: 2.05% Traditional ROI: 5.26%
4235 W CATALINA Drive Phoenix, AZ Charming Corner Lot Home in a Quiet Cul-de-Sac! This spacious 3 bedroom, 2 bathroom hom...	4 beds \| 3 baths \| 1,740 sq.ft.	$300,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 8.27% Airbnb Rental Income: $3246 Traditional Rental Income: $2890 Airbnb ROI: 6.95% Traditional ROI: 8.27%
10030 W INDIAN SCHOOL Road #111 Phoenix, AZ Welcome home! This charming 2 bed, 2 bath ground-level condo in a desirable gated communit...	2 beds \| 2 baths \| 1,037 sq.ft.	$270,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.05% Airbnb Rental Income: $1748 Traditional Rental Income: $1820 Airbnb ROI: 1.88% Traditional ROI: 4.05%
3807 N 56TH Drive Phoenix, AZ Welcome to this beautifully updated 4-bedroom, 2-bath home nestled in a quiet, established...	4 beds \| 2 baths \| 1,711 sq.ft.	$330,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 7.05% Airbnb Rental Income: $1708 Traditional Rental Income: $2681 Airbnb ROI: 2.39% Traditional ROI: 7.05%
16 W Encanto Boulevard #308 Phoenix, AZ Welcome to Tapestry on Central #308 - A Refined Urban Retreat in the Heart of Midtown. Ne...	3 beds \| 3 baths \| 2,563 sq.ft.	$775,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.11% Airbnb Rental Income: $2286 Traditional Rental Income: $3124 Airbnb ROI: -0.84% Traditional ROI: 1.11%
2302 N CENTRAL Avenue #311 Phoenix, AZ Welcome to Tapestry on Central, where urban sophistication meets comfort! This stunning 2-...	2 beds \| 2 baths \| 1,243 sq.ft.	$350,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.05% Airbnb Rental Income: $1928 Traditional Rental Income: $2257 Airbnb ROI: 0.49% Traditional ROI: 3.05%
1 E LEXINGTON Avenue 1309 Phoenix, AZ Set in a striking glass-and-steel high-rise in the heart of Midtown, One Lexington brings ...	2 beds \| 2 baths \| 1,169 sq.ft.	$575,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.81% Airbnb Rental Income: $1928 Traditional Rental Income: $2326 Airbnb ROI: -0.89% Traditional ROI: 0.81%
535 W THOMAS Road #407 Phoenix, AZ PRICED TO SELL! FANTASTIC OPPORTUNITY. Best Spacious urban loft in Midtown Phoenix. Enjoy...	1 beds \| 1 baths \| 934 sq.ft.	$239,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.28% Airbnb Rental Income: $1580 Traditional Rental Income: $1967 Airbnb ROI: 0.58% Traditional ROI: 4.28%
1620 E CAMBRIDGE Avenue #3 Phoenix, AZ FULL INTERIOR REMODEL! Spacious enclosed private backyard! NEW HVAC- 2 YRS OLD ...	1 beds \| 1 baths \| 644 sq.ft.	$150,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.54% Airbnb Rental Income: $1580 Traditional Rental Income: $1328 Airbnb ROI: 4.15% Traditional ROI: 5.54%
2545 N 15TH Street Phoenix, AZ Welcome to this fully renovated 3-bed, 2-bath gem in the highly sought after Coronado Hist...	3 beds \| 2 baths \| 1,520 sq.ft.	$659,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.78% Airbnb Rental Income: $2286 Traditional Rental Income: $2657 Airbnb ROI: 1.25% Traditional ROI: 2.78%
2126 W CAMBRIDGE Avenue Phoenix, AZ CURRENT LOAN IS ASSUMABLE AFTER QUALIFYING, WITH A 2.94% INTEREST RATE!! Come tour this...	4 beds \| 2 baths \| 1,871 sq.ft.	$645,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.27% Airbnb Rental Income: $2773 Traditional Rental Income: $2874 Airbnb ROI: 2.03% Traditional ROI: 3.27%
1 E LEXINGTON Avenue #1001 Phoenix, AZ Stunning 10th floor condo in One Lexington Ave. Condominiums! This beautifully designed ho...	2 beds \| 2 baths \| 1,261 sq.ft.	$535,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 0.97% Airbnb Rental Income: $1928 Traditional Rental Income: $2437 Airbnb ROI: -1.07% Traditional ROI: 0.97%
3131 N CENTRAL Avenue #3004 Phoenix, AZ Seller open to concessions - motivated. Kick back and check out this cozy 3rd floor condo ...	1 beds \| 2 baths \| 822 sq.ft.	$435,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.92% Airbnb Rental Income: $1580 Traditional Rental Income: $1905 Airbnb ROI: 0.01% Traditional ROI: 1.92%
3131 N CENTRAL Avenue #3002 Phoenix, AZ Welcome to Unit 3002 at Edison Midtownâan elevated urban retreat that blends modern soph...	2 beds \| 2 baths \| 1,109 sq.ft.	$475,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 1.85% Airbnb Rental Income: $1928 Traditional Rental Income: $2290 Airbnb ROI: -0.12% Traditional ROI: 1.85%
224 W GLENROSA Avenue Phoenix, AZ Remodeled 4-Bed/3-Bath Home in Central Phoenix's revived historic Turney District, spaciou...	4 beds \| 3 baths \| 1,976 sq.ft.	$710,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 3.92% Airbnb Rental Income: $2773 Traditional Rental Income: $3571 Airbnb ROI: 1.74% Traditional ROI: 3.92%
1422 E WINDSOR Avenue Phoenix, AZ Charming home in historic Coronado neighborhood with owned SOLAR! Home features open floor...	3 beds \| 2 baths \| 1,716 sq.ft.	$625,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 2.66% Airbnb Rental Income: $2286 Traditional Rental Income: $2421 Airbnb ROI: 1.45% Traditional ROI: 2.66%
190 E CORONADO Road #73 Phoenix, AZ Here is your dream historic condo with European flair & Old Hollywood vibe,where spaciousn...	2 beds \| 2 baths \| 1,300 sq.ft.	$309,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.91% Airbnb Rental Income: $1928 Traditional Rental Income: $2302 Airbnb ROI: -0.12% Traditional ROI: 2.91%
4101 E MEDLOCK Drive Phoenix, AZ Rare Midcentury Modern Gem in Arcadia! Fully remodeled in 2022, this stunning 4 bed / 3 b...	4 beds \| 3 baths \| 3,000 sq.ft.	$2,500,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 0.61% Airbnb Rental Income: $3308 Traditional Rental Income: $4211 Airbnb ROI: -0.1% Traditional ROI: 0.61%
6836 N 36th Street Phoenix, AZ Own one of the most historic pieces of art and architecture with this famous Frank Lloyd W...	3 beds \| 3 baths \| 3,095 sq.ft.	$8,950,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.74% Airbnb Rental Income: $2416 Traditional Rental Income: $3273 Airbnb ROI: -0.92% Traditional ROI: -0.74%
4450 E CAMELBACK Road #4 Phoenix, AZ Discover effortless luxury in the heart of convenient Arcadia at The Village at Camelback ...	4 beds \| 4 baths \| 3,586 sq.ft.	$2,500,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.5% Airbnb Rental Income: $3308 Traditional Rental Income: $4751 Airbnb ROI: -0.44% Traditional ROI: 0.5%
4434 E CAMELBACK Road #137 Phoenix, AZ Camelback Village is a hidden gem located near the head of Camelback Mountain. Location & ...	3 beds \| 3 baths \| 3,200 sq.ft.	$1,395,000	Airbnb cash on cash: -0.45% Traditional cash on cash: -0.27% Airbnb Rental Income: $2416 Traditional Rental Income: $2061 Airbnb ROI: -0.45% Traditional ROI: -0.27%
3800 E LINCOLN Drive #7 Phoenix, AZ Fantastic views from this hillside townhouse nestled at the top of the development with ou...	3 beds \| 3 baths \| 2,152 sq.ft.	$999,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.67% Airbnb Rental Income: $2416 Traditional Rental Income: $3206 Airbnb ROI: -0.82% Traditional ROI: 0.67%
3612 E PIERSON Street Phoenix, AZ Tucked away at the back of a quiet cul de sac, in one of the best locations in Arcadia Lit...	5 beds \| 4 baths \| 3,561 sq.ft.	$2,393,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.09% Airbnb Rental Income: $3631 Traditional Rental Income: $5585 Airbnb ROI: -0.15% Traditional ROI: 1.09%
4316 N 40TH Street Phoenix, AZ Nestled within the coveted and gated boutique enclave of Dos Puertas, this exceptional est...	4 beds \| 5 baths \| 6,881 sq.ft.	$3,250,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.41% Airbnb Rental Income: $3308 Traditional Rental Income: $6766 Airbnb ROI: -0.99% Traditional ROI: 0.41%
535 W THOMAS Road #208 Phoenix, AZ Experience the perfect fusion of modern living and urban style at the Lofts on Thomas! Thi...	2 beds \| 2 baths \| 1,356 sq.ft.	$300,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.17% Airbnb Rental Income: $1928 Traditional Rental Income: $2266 Airbnb ROI: 0.16% Traditional ROI: 3.17%
712 W VERNON Avenue Phoenix, AZ Own a piece of Phoenix history. In Encanto Vista Historic District sits architect Fred Wea...	4 beds \| 2 baths \| 2,184 sq.ft.	$1,150,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 1.56% Airbnb Rental Income: $2773 Traditional Rental Income: $3026 Airbnb ROI: 0.71% Traditional ROI: 1.56%
4020 N 44TH Place Phoenix, AZ Open & light charming home in Arcadia. This 3 bedroom + Den + formal dining area or bonus ...	3 beds \| 2 baths \| 1,717 sq.ft.	$855,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.01% Airbnb Rental Income: $2416 Traditional Rental Income: $2698 Airbnb ROI: 0.92% Traditional ROI: 2.01%
4245 N 35TH Way Phoenix, AZ Beautifully updated 4 bed, 2 bath home in the heart of Arcadia Lite. Features vaulted ceil...	4 beds \| 2 baths \| 1,900 sq.ft.	$1,250,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1% Airbnb Rental Income: $3308 Traditional Rental Income: $2882 Airbnb ROI: 0.73% Traditional ROI: 1%
5220 E TUNDER Circle Phoenix, AZ Beautifully remodeled home in the heart of Ahwatukee! This open concept has it all, with t...	2 beds \| 2 baths \| 1,130 sq.ft.	$375,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.69% Airbnb Rental Income: $1480 Traditional Rental Income: $2117 Airbnb ROI: 0.64% Traditional ROI: 3.69%
2013 W JEFFERSON Street Phoenix, AZ Incredible Historic Home, built in 1931, features 3 bedrooms and 2 modern bathrooms. This...	3 beds \| 2 baths \| 1,420 sq.ft.	$360,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.37% Airbnb Rental Income: $2286 Traditional Rental Income: $2010 Airbnb ROI: 3.5% Traditional ROI: 4.37%
4131 E ROMA Avenue Phoenix, AZ Welcome to where luxury meets livability in the heart of Arcadia, one of Phoenix's most be...	5 beds \| 6 baths \| 3,727 sq.ft.	$2,199,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.56% Airbnb Rental Income: $3631 Traditional Rental Income: $5826 Airbnb ROI: 0.1% Traditional ROI: 1.56%
1632 E WARNER Street Phoenix, AZ	2 beds \| 1 baths \| 1,191 sq.ft.	$240,000	Airbnb cash on cash: 8.04% Traditional cash on cash: 6.41% Airbnb Rental Income: $2842 Traditional Rental Income: $1810 Airbnb ROI: 8.04% Traditional ROI: 6.41%
4606 E CHEYENNE Drive Phoenix, AZ Highly desirable neighborhood in the Active adult community of Ahwatukee with gorgeous mou...	3 beds \| 2 baths \| 1,550 sq.ft.	$474,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.26% Airbnb Rental Income: $2431 Traditional Rental Income: $2214 Airbnb ROI: 2.42% Traditional ROI: 3.26%
4616 N 49TH Place Phoenix, AZ One of the most desirable flat, buildable lots in Arcadia Proper. The existing home is wel...	4 beds \| 3 baths \| 3,278 sq.ft.	$2,999,999	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.31% Airbnb Rental Income: $3308 Traditional Rental Income: $4397 Airbnb ROI: -0.34% Traditional ROI: 0.31%
1040 E OSBORN Road #501 Phoenix, AZ Just Updated! Luxury high rise condo in Midtown Phoenix with windows framing the panoram...	2 beds \| 3 baths \| 2,409 sq.ft.	$940,000	Airbnb cash on cash: -2.12% Traditional cash on cash: 0.06% Airbnb Rental Income: $1928 Traditional Rental Income: $3323 Airbnb ROI: -2.12% Traditional ROI: 0.06%
2470 E ROMA Avenue Phoenix, AZ Live. Work. Play. This beautiful, luxury townhouse, located in the heart of the Biltmore c...	3 beds \| 3 baths \| 2,104 sq.ft.	$595,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.1% Airbnb Rental Income: $2416 Traditional Rental Income: $2771 Airbnb ROI: 0.39% Traditional ROI: 2.1%
6348 N 7TH Avenue #15 Phoenix, AZ Seller willing to assist with buy down or concessions. HOA includes water, pest control, ...	2 beds \| 2 baths \| 1,024 sq.ft.	$249,500	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.04% Airbnb Rental Income: $1633 Traditional Rental Income: $1830 Airbnb ROI: 1.25% Traditional ROI: 4.04%
523 W COOLIDGE Street Phoenix, AZ Now Available in Pierson Place Historic District - 4 Bed \| 3 Bath + Workshop! Nestled in ...	4 beds \| 3 baths \| 1,984 sq.ft.	$625,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.4% Airbnb Rental Income: $2773 Traditional Rental Income: $3495 Airbnb ROI: 2.04% Traditional ROI: 4.4%
1548 E ESTRID Avenue Phoenix, AZ Wow !!! Big Home on a Large Lot. Quiet in a Gated Community, small Cul-De-Sac street. Pri...	4 beds \| 3 baths \| 3,940 sq.ft.	$894,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.86% Airbnb Rental Income: $2608 Traditional Rental Income: $3885 Airbnb ROI: 0.58% Traditional ROI: 2.86%

Real Estate investment in Phoenix, AZ

There are 2,879 properties for sale in the city of Phoenix . The median list price in Phoenix is $450,000 and the average price per square foot is $244. In September 2025, the average monthly cash on cash return in Phoenix is 3.00%. The average monthly rental income in Phoenix is $2,245.

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

There are 2,879 investment properties available for sale in Phoenix.

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

The ROI for Long-Term is higher than the Short-Term in Phoenix with average rental income of $2,245.

Your search for investment property begins and ends here

Investment Property for Sale in Phoenix, AZ

5138 W FULTON Street

Phoenix, AZ

2 beds | 2 baths | 1,278 sq.ft.

$309,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2009

Airbnb ROI: N/A

Traditional ROI: 4.82%

4121 N 79TH Drive

Phoenix, AZ

4 beds | 2 baths | 1,332 sq.ft.

$364,999

Airbnb cash on cash: 2.05%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $1708

Traditional Rental Income: $2335

Airbnb ROI: 2.05%

Traditional ROI: 5.26%

4235 W CATALINA Drive

Phoenix, AZ

4 beds | 3 baths | 1,740 sq.ft.

$300,000

Airbnb cash on cash: 6.95%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $3246

Traditional Rental Income: $2890

Airbnb ROI: 6.95%

Traditional ROI: 8.27%

10030 W INDIAN SCHOOL Road #111

Phoenix, AZ

2 beds | 2 baths | 1,037 sq.ft.

$270,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $1748

Traditional Rental Income: $1820

Airbnb ROI: 1.88%

Traditional ROI: 4.05%

3807 N 56TH Drive

Phoenix, AZ

4 beds | 2 baths | 1,711 sq.ft.

$330,000

Airbnb cash on cash: 2.39%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $1708

Traditional Rental Income: $2681

Airbnb ROI: 2.39%

Traditional ROI: 7.05%

16 W Encanto Boulevard #308

Phoenix, AZ

3 beds | 3 baths | 2,563 sq.ft.

$775,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $2286

Traditional Rental Income: $3124

Airbnb ROI: -0.84%

Traditional ROI: 1.11%

2302 N CENTRAL Avenue #311

Phoenix, AZ

2 beds | 2 baths | 1,243 sq.ft.

$350,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1928

Traditional Rental Income: $2257

Airbnb ROI: 0.49%

Traditional ROI: 3.05%

1 E LEXINGTON Avenue 1309

Phoenix, AZ

2 beds | 2 baths | 1,169 sq.ft.

$575,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $1928

Traditional Rental Income: $2326

Airbnb ROI: -0.89%