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5435 E Virginia Ave, Phoenix, Arizona 85008
$
3750
Bedrooms
4
Utilities Included
No
Bathrooms
2
Furnished
Yes
Available to Lease on
Available Mar/23/2026
Property Type
Single Family
SQFT
1661
Key metrics
Rent
$
3,850
Monthly Estimated Profit?
$
4,058
Annual Estimated Profit?
$
48,700
Acquisition Fee
$
3,500
Security Deposit
$
3750
Average Daily Rate
$
430
Occupancy
60%
Annual Revenue
$
94,900
Key Features

This beautifully maintained single-family home is located at 5435 E Virginia Ave in one of Phoenix’s most desirable neighborhoods. Offering a versatile 1,661 sq ft floor plan with four bedrooms and a dedicated den, this property is designed for both comfort and a high-end desert lifestyle.

The home is filled with natural light and features modern finishes, a private swimming pool, and a fully equipped kitchen, coming entirely move-in ready. Situated just minutes from the airport and only two blocks from the vibrant Arcadia Lite district, the location provides unmatched convenience for guests and residents alike. With walking proximity to the Papago Golf Course and the city's top dining and shopping, this property is optimized for maximum short-term rental performance in the Phoenix market.

Property Features

  • Private Backyard Oasis: Features a private in-ground pool surrounded by lush landscaping.
  • Fully Furnished: Professionally curated interiors and completely guest-ready.
  • Prime Location: Two blocks from Arcadia Lite and minutes from Sky Harbor Airport.
  • No HOA: Greater operational freedom for short-term rental management.
  • Turnkey Convenience: Move-in ready status available starting the end of March.

STR Regulations Summary:  

Status:
STR Friendly

View Regulations Here

Phoenix, Arizona allows non-owner occupied short-term rentals (STRs) but has implemented regulations to govern their operation. As of January 15, 2024, all STR operators in Phoenix must obtain a permit from the city3. This applies to both owner-occupied and non-owner occupied properties.Key regulations for non-owner occupied STRs in Phoenix include:

  1. Registration and Permitting: Operators must register with the city and obtain a STR permit, which costs $250 for initial application and renewal3.
  2. Insurance: Maintain liability insurance coverage of at least $500,000 per property1.
  3. Display of Permit: The STR permit/license number must be displayed on all advertisements for the rental3.
  4. Neighbor Notification: Operators must inform adjacent properties of their intent to operate an STR3.
  5. Prohibited Uses: STRs cannot be used for large events like parties or weddings1.
  6. Penalties: Violations can result in fines ranging from $500 for the first offense to $3,500 for the third offense1.
  7. Taxes: STR operators must pay a combined tax rate of 12.57% for all state, county, and city taxes5.

Phoenix's regulations are considered relatively host-friendly compared to other major U.S. cities, as they do not restrict non-owner occupied STRs6. However, operators must comply with all city ordinances to avoid penalties and potential permit suspension13

Property Location