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
3113 W DUNBAR Drive Phoenix, AZ Fall in love with this stunning, move-in-ready gem! Perfectly situated in a desirable Phoe...	5 beds \| 3 baths \| 3,182 sq.ft.	$475,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 5.59% Airbnb Rental Income: $3883 Traditional Rental Income: $3300 Airbnb ROI: 5.02% Traditional ROI: 5.59%
3655 N 5TH Avenue #105 Phoenix, AZ All Utilities Included with HOA Dues! No Surprise Bills! Come see this spacious 2-bedroom,...	2 beds \| 2 baths \| 1,376 sq.ft.	$269,000	Airbnb cash on cash: -4.01% Traditional cash on cash: 3.26% Airbnb Rental Income: $622 Traditional Rental Income: $2176 Airbnb ROI: -4.01% Traditional ROI: 3.26%
915 W GLENROSA Avenue Phoenix, AZ * Charming Mid-Century Ranch in Tree-lined Woodlea Historic District off the Melrose Curve...	3 beds \| 2 baths \| 1,493 sq.ft.	$650,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 2.98% Airbnb Rental Income: $320 Traditional Rental Income: $2729 Airbnb ROI: -1.39% Traditional ROI: 2.98%
2545 N 15TH Street Phoenix, AZ Welcome to this beautiful fully renovated 3-bed, 2-bath gem in the Greater Coronado Histor...	3 beds \| 2 baths \| 1,520 sq.ft.	$629,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 2.93% Airbnb Rental Income: $320 Traditional Rental Income: $2657 Airbnb ROI: -1.46% Traditional ROI: 2.93%
1636 S 28TH Drive Phoenix, AZ High-Demand Investment Opportunity - Priced to Sell! Great rental investment with low main...	2 beds \| 1 baths \| 750 sq.ft.	$299,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.9% Airbnb Rental Income: $742 Traditional Rental Income: $1487 Airbnb ROI: 0.14% Traditional ROI: 3.9%
15220 N 27th St Phoenix, AZ HUGE PRICE REDUCTION!! HUGE!! A rare find for car enthusiasts, equestrians, or multi-gener...	5 beds \| 3 baths \| 2,921 sq.ft.	$1,740,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.18% Airbnb Rental Income: $2005 Traditional Rental Income: $3986 Airbnb ROI: -0.37% Traditional ROI: 1.18%
4303 E CACTUS Road #126 Phoenix, AZ Golf Course View! First Floor Unit! Renovated Unit! New AC! The list goes on and on. This ...	1 beds \| 1 baths \| 850 sq.ft.	$248,088	Airbnb cash on cash: -2.19% Traditional cash on cash: 1.87% Airbnb Rental Income: $848 Traditional Rental Income: $1470 Airbnb ROI: -2.19% Traditional ROI: 1.87%
10245 N 34TH Place Phoenix, AZ Move-in ready in a sought-after North Phoenix neighborhood near the Phoenix Mountain Prese...	3 beds \| 2 baths \| 2,140 sq.ft.	$885,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.4% Airbnb Rental Income: $1131 Traditional Rental Income: $3164 Airbnb ROI: -0.52% Traditional ROI: 2.4%
12648 N 22ND Place Phoenix, AZ Stunning reimagined custom home with horse privileges in the heart of North Phoenix. Fully...	3 beds \| 4 baths \| 2,351 sq.ft.	$819,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.57% Airbnb Rental Income: $1131 Traditional Rental Income: $5229 Airbnb ROI: -0.29% Traditional ROI: 5.57%
535 W THOMAS Road #406 Phoenix, AZ Incredible 2 Bed 2 Bath loft overlooking Willo and Downtown Phoenix. This open floor plan ...	2 beds \| 2 baths \| 1,141 sq.ft.	$300,000	Airbnb cash on cash: -3.57% Traditional cash on cash: 3.08% Airbnb Rental Income: $622 Traditional Rental Income: $2206 Airbnb ROI: -3.57% Traditional ROI: 3.08%
1601 W MULBERRY Drive Phoenix, AZ Historic character, functional updates & flexible living come together in this registered ...	4 beds \| 3 baths \| 1,746 sq.ft.	$580,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.1% Airbnb Rental Income: $1450 Traditional Rental Income: $2966 Airbnb ROI: 0.51% Traditional ROI: 4.1%
22366 E SENTIERO Drive Phoenix, AZ Welcome to a refined single-level residence offering 3,013 sq ft of thoughtfully designed ...	4 beds \| 3 baths \| 3,013 sq.ft.	$689,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.69% Airbnb Rental Income: $1450 Traditional Rental Income: $4081 Airbnb ROI: -0.08% Traditional ROI: 4.69%
8 E BILTMORE Estate #215 Phoenix, AZ Located next to the prestigious Arizona Biltmore Hotel & Golf Course, this luxury residenc...	2 beds \| 3 baths \| 2,616 sq.ft.	$1,425,000	Airbnb cash on cash: -2.87% Traditional cash on cash: -0.33% Airbnb Rental Income: $789 Traditional Rental Income: $3836 Airbnb ROI: -2.87% Traditional ROI: -0.33%
1910 E MISSOURI Avenue Phoenix, AZ A rare find in a historic Phoenix neighborhood, this open concept 2014-built contemporary ...	3 beds \| 3 baths \| 2,116 sq.ft.	$930,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.39% Airbnb Rental Income: $1118 Traditional Rental Income: $2673 Airbnb ROI: -0.84% Traditional ROI: 1.39%
5104 N 32ND Street #149 Phoenix, AZ One of only 12 three-bedroom condos in Meridian Condominiums, This beautifully remodeled g...	3 beds \| 2 baths \| 1,428 sq.ft.	$525,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 2.76% Airbnb Rental Income: $1118 Traditional Rental Income: $2897 Airbnb ROI: -1.63% Traditional ROI: 2.76%
7502 N 10TH Street Phoenix, AZ Exquisite luxury ranch in the heart of Phoenix, just steps from the coveted 7's! Enjoy a p...	4 beds \| 3 baths \| 3,152 sq.ft.	$1,499,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.45% Airbnb Rental Income: $2178 Traditional Rental Income: $4068 Airbnb ROI: -0.3% Traditional ROI: 1.45%
4343 E MARION Way Phoenix, AZ Clean architectural lines, soaring ceilings, and seamless indoor-outdoor living define thi...	4 beds \| 3 baths \| 2,843 sq.ft.	$2,899,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.5% Airbnb Rental Income: $1982 Traditional Rental Income: $4572 Airbnb ROI: -0.66% Traditional ROI: 0.5%
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.	$8,800,000	Airbnb cash on cash: -1.05% Traditional cash on cash: -0.74% Airbnb Rental Income: $1118 Traditional Rental Income: $3273 Airbnb ROI: -1.05% Traditional ROI: -0.74%
3901 E HIGHLAND Avenue Phoenix, AZ Experience modern living in this brand-new construction home that can still be CUSTOMIZED ...	4 beds \| 5 baths \| 4,488 sq.ft.	$3,995,000	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.38% Airbnb Rental Income: $1982 Traditional Rental Income: $2881 Airbnb ROI: -0.77% Traditional ROI: -0.38%
1701 E COLTER Street #182 Phoenix, AZ This upgraded condo with resort-style living has some fantastic amenities available within...	2 beds \| 2 baths \| 790 sq.ft.	$288,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 4.16% Airbnb Rental Income: $622 Traditional Rental Income: $1869 Airbnb ROI: -1.52% Traditional ROI: 4.16%
2 BILTMORE Estate #309 Phoenix, AZ *** PENTHOUSE UNIT - NO SHARED WALLS *** A truly rare offering, this top-floor residen...	3 beds \| 4 baths \| 3,931 sq.ft.	$4,690,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -1.08% Airbnb Rental Income: $1118 Traditional Rental Income: $3678 Airbnb ROI: -1.75% Traditional ROI: -1.08%
5102 N 31ST Place #412 Phoenix, AZ Enjoy owning this lovely 1-bedroom unit nestled in the popular Biltmore Terrace Community!...	1 beds \| 2 baths \| 1,224 sq.ft.	$294,900	Airbnb cash on cash: -4.05% Traditional cash on cash: 3.64% Airbnb Rental Income: $558 Traditional Rental Income: $2413 Airbnb ROI: -4.05% Traditional ROI: 3.64%
3612 E PIERSON Street Phoenix, AZ THE ICONIC ARCADIA RANCH \| MULTI-GENERATIONAL UTILITY \| HIGH-EFFICIENCY INFRASTRUCTURE. Po...	5 beds \| 4 baths \| 3,496 sq.ft.	$2,480,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1% Airbnb Rental Income: $4365 Traditional Rental Income: $5585 Airbnb ROI: 0.08% Traditional ROI: 1%
3444 E CAMELBACK Road Phoenix, AZ Priced to sell!! Stunning remodeled Paradise Valley estate. The main residence boasts 4 be...	4 beds \| 4 baths \| 3,200 sq.ft.	$1,600,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.12% Airbnb Rental Income: $1982 Traditional Rental Income: $8264 Airbnb ROI: -0.46% Traditional ROI: 4.12%
3401 N 34TH Place Phoenix, AZ Quiet mornings, thoughtful design & Arcadia charm define this 2016-built gem. Designed for...	5 beds \| 4 baths \| 3,217 sq.ft.	$1,790,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 0.96% Airbnb Rental Income: $4365 Traditional Rental Income: $4231 Airbnb ROI: 0.49% Traditional ROI: 0.96%
2021 N 29TH Street Phoenix, AZ Charming home with timeless character, a new roof in 2025 and sewer in 2022. This light-fi...	3 beds \| 2 baths \| 1,594 sq.ft.	$460,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 4.54% Airbnb Rental Income: $1118 Traditional Rental Income: $2629 Airbnb ROI: 0.16% Traditional ROI: 4.54%
3729 E YALE Street Phoenix, AZ Welcome to this beautifully updated 3-bed, 2-bath home in the heart of Arcadia Lite. Offer...	3 beds \| 2 baths \| 1,639 sq.ft.	$495,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.07% Airbnb Rental Income: $1118 Traditional Rental Income: $2719 Airbnb ROI: -0.2% Traditional ROI: 4.07%
1021 W Encanto Boulevard Phoenix, AZ Fantastic Monterey Revival family home in the highly coveted Encanto Historic District. Th...	4 beds \| 4 baths \| 4,290 sq.ft.	$2,400,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 1.52% Airbnb Rental Income: $1450 Traditional Rental Income: $6051 Airbnb ROI: -0.74% Traditional ROI: 1.52%
17 W VERNON Avenue #107 Phoenix, AZ Beautifully updated 2-bedroom, 2.5-bath condo located in the heart of downtown Phoenix. Ho...	2 beds \| 3 baths \| 1,510 sq.ft.	$399,999	Airbnb cash on cash: -3.11% Traditional cash on cash: 1.79% Airbnb Rental Income: $622 Traditional Rental Income: $2167 Airbnb ROI: -3.11% Traditional ROI: 1.79%
4020 N 44TH Place Phoenix, AZ Well-maintained Arcadia home offering an incredible opportunity to get into one of Phoenix...	3 beds \| 2 baths \| 1,777 sq.ft.	$750,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.42% Airbnb Rental Income: $1118 Traditional Rental Income: $2698 Airbnb ROI: -0.38% Traditional ROI: 2.42%
4325 N 19TH Place Phoenix, AZ Hard to beat location! Terrific 3 bed 2.5 bath home with spacious yard and sparkling pool ...	3 beds \| 3 baths \| 1,612 sq.ft.	$634,999	Airbnb cash on cash: -1.42% Traditional cash on cash: 3.09% Airbnb Rental Income: $320 Traditional Rental Income: $2749 Airbnb ROI: -1.42% Traditional ROI: 3.09%
2225 E CATALINA Drive Phoenix, AZ Welcome to this inviting 3-bedroom, 2-bath townhouse, featuring fresh interior paint, stai...	3 beds \| 2 baths \| 1,502 sq.ft.	$359,500	Airbnb cash on cash: -2.09% Traditional cash on cash: 4.91% Airbnb Rental Income: $320 Traditional Rental Income: $2439 Airbnb ROI: -2.09% Traditional ROI: 4.91%
2935 E Mulberry Drive Phoenix, AZ Energy-efficient 2018 build in Camelback East Village area featuring owned solar panels, T...	3 beds \| 3 baths \| 2,343 sq.ft.	$1,125,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 2.68% Airbnb Rental Income: $1118 Traditional Rental Income: $4340 Airbnb ROI: -0.76% Traditional ROI: 2.68%
2740 E ROMA Avenue Phoenix, AZ Elevated luxury living in a gated enclave near the prestigious Biltmore Corridor. This exc...	3 beds \| 3 baths \| 1,991 sq.ft.	$675,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.1% Airbnb Rental Income: $1118 Traditional Rental Income: $2716 Airbnb ROI: -1.04% Traditional ROI: 2.1%
1513 W BRAMBLE BERRY Lane Phoenix, AZ Beautiful SONORAN FOOTHILLS single-level home on a cul-de-sac street SWIMMING POOL 4 lar...	4 beds \| 3 baths \| 3,294 sq.ft.	$930,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.27% Airbnb Rental Income: $1927 Traditional Rental Income: $3654 Airbnb ROI: -0.32% Traditional ROI: 2.27%
1040 E OSBORN Road #501 Phoenix, AZ Ready for luxury? Experience sophisticated high-rise living in Crystal Point, one of Phoen...	2 beds \| 3 baths \| 2,409 sq.ft.	$799,000	Airbnb cash on cash: -3.77% Traditional cash on cash: 0.25% Airbnb Rental Income: $622 Traditional Rental Income: $3323 Airbnb ROI: -3.77% Traditional ROI: 0.25%
3950 W ASTER Drive Phoenix, AZ Owner agent. Agent is a real estate agent in Arizona. What a charming single-story home fo...	3 beds \| 2 baths \| 1,248 sq.ft.	$355,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.5% Airbnb Rental Income: $1619 Traditional Rental Income: $2047 Airbnb ROI: 1.84% Traditional ROI: 4.5%

Real Estate investment in Phoenix, AZ

There are 3,644 properties for sale in the city of Phoenix . The median list price in Phoenix is $465,000 and the average price per square foot is $249. In May 2026, the average monthly cash on cash return in Phoenix is 3.00%. The average monthly rental income in Phoenix is $2,292.

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

There are 3,644 investment properties available for sale in Phoenix.

In 2026, the best neighborhood to buy investment property is Alhambra.

The ROI for Short-Term is higher than the Long-Term in Phoenix with average rental income of $1,474.

Your search for investment property begins and ends here

Investment Property for Sale in Phoenix, AZ

3113 W DUNBAR Drive

Phoenix, AZ

5 beds | 3 baths | 3,182 sq.ft.

$475,000

Airbnb cash on cash: 5.02%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $3883

Traditional Rental Income: $3300

Airbnb ROI: 5.02%

Traditional ROI: 5.59%

3655 N 5TH Avenue #105

Phoenix, AZ

2 beds | 2 baths | 1,376 sq.ft.

$269,000

Airbnb cash on cash: -4.01%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $622

Traditional Rental Income: $2176

Airbnb ROI: -4.01%

Traditional ROI: 3.26%

915 W GLENROSA Avenue

Phoenix, AZ

3 beds | 2 baths | 1,493 sq.ft.

$650,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $320

Traditional Rental Income: $2729

Airbnb ROI: -1.39%

Traditional ROI: 2.98%

2545 N 15TH Street

Phoenix, AZ

3 beds | 2 baths | 1,520 sq.ft.

$629,900

Airbnb cash on cash: -1.46%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $320

Traditional Rental Income: $2657

Airbnb ROI: -1.46%

Traditional ROI: 2.93%

1636 S 28TH Drive

Phoenix, AZ

2 beds | 1 baths | 750 sq.ft.

$299,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $742

Traditional Rental Income: $1487

Airbnb ROI: 0.14%

Traditional ROI: 3.9%

15220 N 27th St

Phoenix, AZ

5 beds | 3 baths | 2,921 sq.ft.

$1,740,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $2005

Traditional Rental Income: $3986

Airbnb ROI: -0.37%

Traditional ROI: 1.18%

4303 E CACTUS Road #126

Phoenix, AZ

1 beds | 1 baths | 850 sq.ft.

$248,088

Airbnb cash on cash: -2.19%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $848

Traditional Rental Income: $1470

Airbnb ROI: -2.19%

Traditional ROI: 1.87%

10245 N 34TH Place

Phoenix, AZ

3 beds | 2 baths | 2,140 sq.ft.

$885,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $1131

Traditional Rental Income: $3164

Airbnb ROI: -0.52%