Phoenix #7 for 2022 Top 25 Best Places to Buy a Vacation Home

7. Phoenix, Arizona

With 300 days of sunshine annually, it’s no surprise that Phoenix, Arizona, is a year-round vacation hotspot and has seen tremendous growth as of late thanks to a thriving tech scene. The city and its surrounding landscape have so much to offer locals and visitors alike, from red-rocky hikes and championship golf courses to luxury outdoor shopping malls and a lively nightlife. The attractions are endless and include plenty of family-friendly options, too, like the educational fun found at the Phoenix Zoo and Arizona Science Center. The vacation homes and condos ring in at a median home sale price of $470,000, leaving just one question: bright city views or sweeping vistas of the desert terrain?

Read the full report on Vacasa

Cap rate7.8%
Median home sale price$470,000
Annual gross rental revenue$58,363

Phoenix is an excellent place to buy a vacation home. It produces excellent income, can be used personally, and let us be honest a wonderful place to retire. If you play it right you can buy your retirement house early, make money during, pay it off (if taking out a loan), and enjoy your paid off house during your golden years.

Juan Pesqueira, Realtor

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.