Introduction
Scottsdale, Arizona, is a premier location for short-term rental investments. Known for its luxury resorts, vibrant nightlife, and proximity to stunning desert landscapes, Scottsdale attracts tourists year-round. Here’s a guide to the top-performing ZIP codes in Scottsdale, focusing on gross yield, annual revenue, and property values to help investors make informed decisions.
85257 – South Scottsdale
- Gross Yield: 8%
- Annual Revenue: $46,628
- Zillow Home Value: $553.4K
South Scottsdale, covered by ZIP code 85257, is known for its proximity to Old Town Scottsdale, the Arizona State University campus, and Tempe Town Lake. With a gross yield of 8% and an annual revenue of $46,628, this area offers solid returns for short-term rental investors. The Zillow home value of $553.4K makes it relatively affordable compared to other Scottsdale neighborhoods, making it an excellent entry point for investors looking to capitalize on its central location and year-round tourist traffic.
85250 – Central Scottsdale
- Gross Yield: 8%
- Annual Revenue: $50,404
- Zillow Home Value: $612.3K
IP code 85250 includes neighborhoods near Scottsdale Fashion Square and Camelback Mountain. With a gross yield of 8% and an annual revenue of $50,404, this area is attractive to investors seeking a balance between high revenue potential and home values. The $611.8K Zillow home value reflects the area’s premium appeal, drawing visitors interested in upscale shopping, hiking, and quick access to downtown Scottsdale’s vibrant entertainment scene.
85266 – North Scottsdale
- Gross Yield: 7%
- Annual Revenue: $89,569
- Zillow Home Value: $1.2M
The 85266 ZIP code is located in North Scottsdale, known for its luxurious homes, exclusive golf courses, and stunning desert vistas. With the highest annual revenue on the list at $89,569, this area caters to high-end travelers and is ideal for investors targeting luxury short-term rentals. However, the Zillow home value of $1.2M reflects the premium required to enter this market. For those able to invest in this area, the returns are substantial, especially for properties catering to affluent guests seeking exclusivity.
Top 200 Airbnb Rental Markets
Instantly compare top 200 short-term (Airbnb) rental markets in the US
85260 – North Central Scottsdale
- Gross Yield: 7%
- Annual Revenue: $48,867
- Zillow Home Value: $714.2K
ZIP code 85260 includes neighborhoods close to WestWorld of Scottsdale and the McDowell Sonoran Preserve, making it a hotspot for events like Barrett-Jackson car auctions and outdoor enthusiasts. With a gross yield of 7% and an annual revenue of $48,867, this area provides steady returns with a mid-range Zillow home value of $714.2K. The combination of event-driven demand and recreational appeal makes it a versatile choice for investors.
85251 – Old Town Scottsdale
- Gross Yield: 7%
- Annual Revenue: $35,507
- Zillow Home Value: $527.6K
ZIP code 85251, encompassing Old Town Scottsdale, is one of the city’s most iconic areas. Known for its lively nightlife, art galleries, and upscale dining, this area attracts a broad range of visitors. With the highest number of full-time listings at 2,778, competition is fierce, but demand is equally robust. A gross yield of 7% and an annual revenue of $35,507 reflect the area’s popularity. The Zillow home value of $527.6K makes it relatively affordable, especially for investors looking to capitalize on Old Town’s year-round appeal.
Conclusion
Scottsdale’s diverse neighborhoods provide opportunities for every type of investor. Whether targeting luxury rentals in North Scottsdale or high-demand areas like Old Town, investors can benefit from the city’s strong tourist market and year-round visitor activity. Each ZIP code offers unique benefits, catering to different traveler preferences and ensuring steady income potential.
