Airbnb Market Analytics & Investment Insights
Annual Revenue
$32,665
Based on 1029 full time Airbnb rentals
Average Daily Rate
$237
Gross Yield
As of October of 2024, Homes in 86406 ZIP Code have appreciated by 1.32%, with the median home value standing at $495,685, according to Zillow.
There are currently 1,029 active short-term rentals in 86406 ZIP Code. The average daily rate for these rentals is $237. This translates to an annual revenue of $32,665 for short-term rentals as of October of 2024.
86406 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$237
Occupancy Rate Trend
52%
Let our agents guide you to the best short-term rental investments in Lake Havasu City, AZ
As of October of 2024, the average gross yield for short-term rentals in 86406 ZIP Code is 6.60%. However, potential investors should also consider the average property tax, which stands at 0.56% according to SmartAsset.
The median household income in 86406 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 86406 is 52%, which is lower than the average occupancy rate for the United States.
Discover the leading hosts in Lake Havasu City ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Evolve leads the market with 350 active listings and maintains an exceptional 4.85 average guest rating.
Lexis & Zach - Ready To Getaway leads the market with 48 active listings and maintains an exceptional 4.96 average guest rating.
Patti leads the market with 44 active listings and maintains an exceptional 4.94 average guest rating.
These top performers serve as benchmarks for what drives success in Lake Havasu City's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 86406 ZIP Code is 4.4%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in 86406 include a Piano, Record player, and Pool table.
86406 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Los Angeles, CA (5.00% of all guests), Las Vegas, NV (3.59% of all guests), and Phoenix, AZ (2.45% of all guests).
The top short-term rental hosts in 86406 ZIP Code include Evolve, Lexis & Zach - Ready To Getaway and Patti. These hosts have an average rating of 4.85, 4.96 and 4.94 respectively.
The most popular property types in 86406 ZIP Code are 2-bedroom units, with an average daily rate of $237 and an annual revenue of $30,375.
The average booking lead time for short-term rentals in 86406 ZIP Code is 48 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
6.60%
Occupancy Rate
52%