Written by: Ashley Durmo
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.
