Lake Havasu City - 86406

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.

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.

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.