Best Short-Term Rental Homes for Sale in Flagstaff & Munds Park

This is my starting shortlist for short-term rental buyers: single-family homes, cabins, condos, and townhomes in Flagstaff and Munds Park with 2+ bedrooms, listed at $750,000 or less, updated automatically from the MLS. That is the range where I see most first-time STR investors buy. No list can tell you which property will perform best, so I run the numbers on each one with you.

What I check before you buy a short-term rental:

• Can it legally be rented? Inside Flagstaff city limits, check the City of Flagstaff short-term rental rules. In unincorporated areas like Munds Park, Kachina Village, and Mountainaire, a Coconino County short-term rental permit is required. Every STR also needs an Arizona TPT license. HOA CC&Rs can restrict or ban rentals.

• Will it earn what you need? Real rental comps for that size and location, seasonality (ski season, summer escapes from Phoenix heat, NAU events), cleaning and management costs, and insurance.

• What will it cost to keep up? Roof and deck condition, snow removal and winter access, heating, furnishings, and wildfire defensible space.

I wrote How to Be a Short-Term Rental Tycoon, have personally bought 50+ houses, and own Arizona rentals. Click Save Search to get new listings first, or call/text Michael Vallee at 480-848-5780 | Real Broker, LLC