Annual Revenue
$29,788
Based on 60 full time Airbnb rentals
Average Daily Rate
$160
Gross Yield
7.60%
Occupancy Rate
67%
As of October of 2024, Homes in 85742 ZIP Code have appreciated by 1.81%, with the median home value standing at $392,210, according to Zillow.
There are currently 60 active short-term rentals in 85742 ZIP Code. The average daily rate for these rentals is $160. This translates to an annual revenue of $29,788 for short-term rentals as of October of 2024.
85742 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
$160
Occupancy Rate Trend
67%
As of October of 2024, the average gross yield for short-term rentals in 85742 ZIP Code is 7.60%. However, potential investors should also consider the average property tax, which stands at 0.90% according to SmartAsset.
The median household income in 85742 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 85742 is 67%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 85742 ZIP Code is 3.9%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 85742 include a Pool table, EV charger, and Ping pong table.
85742 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Tucson, AZ (7.54% of all guests), Phoenix, AZ (4.18% of all guests), and Los Angeles, CA (2.09% of all guests).
The top short-term rental hosts in 85742 ZIP Code include Evolve, Vacasa Arizona and Nathanael. These hosts have an average rating of 4.85, 4.72 and 4.92 respectively.
The most popular property types in 85742 ZIP Code are 2-bedroom units, with an average daily rate of $160 and an annual revenue of $47,600.
The average booking lead time for short-term rentals in 85742 ZIP Code is 87 days.
Let our agents guide you to the best short-term rental investments in Tucson, AZ