Real Estate Investment Properties for Sale in Paonia, CO

Looking for investment property in Paonia, CO with high ROI ?

Explore a variety of short-term homes & houses in Paonia, CO. Invest wisely with VRBO & Paonia, CO Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Paonia, CO

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
117 North Fork Avenue Paonia, CO Ann Marie Gambino, Paonia Realty LLC, C:,,: You'll love the convenient location of this cu...	2 beds \| 2 baths \| 1,092 sq.ft.	$435,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.3% Airbnb Rental Income: $802 Traditional Rental Income: $1966 Airbnb ROI: -0.34% Traditional ROI: 3.3%
1014 3rd Street Paonia, CO Liz Heidrick, Needlerock Mountain Realty and Land, LLC,,,: STYLISH TOTAL REMODEL from the ...	3 beds \| 2 baths \| 2,032 sq.ft.	$725,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.29% Airbnb Rental Income: $1088 Traditional Rental Income: $2657 Airbnb ROI: -0.58% Traditional ROI: 2.29%
229 Colorado Ave Paonia, CO Mark Shaffer, Shaffer Real Estate Company, C:,,: Well built home on 3 town lots. Low maint...	3 beds \| 2 baths \| 1,512 sq.ft.	$395,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.97% Airbnb Rental Income: $1088 Traditional Rental Income: $2056 Airbnb ROI: 0.36% Traditional ROI: 3.97%
16459 Grange Road Paonia, CO Charlotte Martin, HomeSmart Realty Partners, C:,,: Originally built in 1904, this 1569 squ...	2 beds \| 1 baths \| 1,569 sq.ft.	$1,175,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.32% Airbnb Rental Income: $802 Traditional Rental Income: $2089 Airbnb ROI: -1.15% Traditional ROI: 0.32%
41014 Beaver Trail Lane Paonia, CO Marsha Brezonick, Needlerock Mountain Realty and Land, LLC, C:,,: Escape to this classic m...	4 beds \| 2 baths \| 1,584 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $2121 Airbnb ROI: N/A Traditional ROI: 2.75%
13687 Ragged Mountain Drive Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Discover your perfect mount...	4 beds \| 3 baths \| 3,096 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $2812 Airbnb ROI: N/A Traditional ROI: 4.61%
458 Price Road Paonia, CO New Septic System Being Installed End of May 2026 . Brand New 200 Amp Service already in p...	1 beds \| 1 baths \| 716 sq.ft.	$390,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.57% Airbnb Rental Income: $1099 Traditional Rental Income: $1459 Airbnb ROI: 0.57% Traditional ROI: 2.57%
21 Alder Court Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Discover the perfect blend ...	3 beds \| 2 baths \| 1,519 sq.ft.	$379,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.72% Airbnb Rental Income: $1088 Traditional Rental Income: $1598 Airbnb ROI: 0.25% Traditional ROI: 2.72%
1515 2nd Street Paonia, CO Marsha Brezonick, Needlerock Mountain Realty and Land, LLC, C:,,: Completely reimagined an...	4 beds \| 3 baths \| 1,943 sq.ft.	$514,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $2776 Airbnb ROI: N/A Traditional ROI: 4.2%
57 Cedar Drive Paonia, CO Chadwell Miller, Hayden Outdoors LLC, C:,,: Adventure Starts at Your Door \| 5 Bed, 3 Bath ...	5 beds \| 3 baths \| 2,648 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $3247 Airbnb ROI: N/A Traditional ROI: 4.42%
100 Rio Grande Avenue Paonia, CO Ann Marie Gambino, Paonia Realty LLC, C:,,: Welcome home to your own personal Oasis! Locat...	3 beds \| 2 baths \| 1,816 sq.ft.	$410,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.48% Airbnb Rental Income: $1088 Traditional Rental Income: $2393 Airbnb ROI: 0.12% Traditional ROI: 4.48%
13571 Ragged Mountain Drive Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Located close to National F...	3 beds \| 2 baths \| 1,904 sq.ft.	$531,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.9% Airbnb Rental Income: $1088 Traditional Rental Income: $2279 Airbnb ROI: -0.25% Traditional ROI: 2.9%
42224 Foothills Road Paonia, CO Greta Gibb, Paonia Realty LLC, C:,,: Spectacular views of the West Elk Mountains surround ...	3 beds \| 2 baths \| 2,043 sq.ft.	$659,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.29% Airbnb Rental Income: $1088 Traditional Rental Income: $2733 Airbnb ROI: 0.01% Traditional ROI: 3.29%
128 Colorado Avenue Paonia, CO Ann Marie Gambino, Paonia Realty LLC, C:,,: Tucked away in the "Heart of Paonia," this lov...	2 beds \| 3 baths \| 993 sq.ft.	$750,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.11% Airbnb Rental Income: $802 Traditional Rental Income: $2335 Airbnb ROI: -0.54% Traditional ROI: 2.11%
339 Onarga Avenue Paonia, CO Prima Merry, Needlerock Mountain Realty and Land, LLC, ,,: Iconic Downtown Paonia HomeThe ...	2 beds \| 2 baths \| 1,144 sq.ft.	$425,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.96% Airbnb Rental Income: $802 Traditional Rental Income: $1872 Airbnb ROI: -0.54% Traditional ROI: 2.96%
40557 M75 Road Paonia, CO Leah Arsenault, Needlerock Mountain Realty and Land, LLC, C:,,: Experience the perfect ble...	3 beds \| 2 baths \| 1,528 sq.ft.	$595,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.25% Airbnb Rental Income: $1088 Traditional Rental Income: $2179 Airbnb ROI: -0.38% Traditional ROI: 2.25%
119 North Fork Avenue Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC,,,: Welcome to 119 North Fork Ave,...	2 beds \| 2 baths \| 1,120 sq.ft.	$429,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.23% Airbnb Rental Income: $802 Traditional Rental Income: $1600 Airbnb ROI: -0.55% Traditional ROI: 2.23%
41723 O Road Paonia, CO Katherine Linehan, Paonia Realty LLC, C:,,: A true sanctuary, this property was designed w...	3 beds \| 4 baths \| 3,544 sq.ft.	$3,850,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.15% Airbnb Rental Income: $1088 Traditional Rental Income: $3818 Airbnb ROI: -1.02% Traditional ROI: -0.15%
17 Alder Drive Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: This thoughtfully updated h...	3 beds \| 3 baths \| 1,528 sq.ft.	$419,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.9% Airbnb Rental Income: $1088 Traditional Rental Income: $2221 Airbnb ROI: 0.08% Traditional ROI: 3.9%
516 4th Street Paonia, CO Ann Marie Gambino, Paonia Realty LLC, C:,,: This ONE-OF-A-KIND HOME is truly a Paonia Jewe...	3 beds \| 2 baths \| 1,995 sq.ft.	$599,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.15% Airbnb Rental Income: $1088 Traditional Rental Income: $2494 Airbnb ROI: -0.03% Traditional ROI: 3.15%
312 3rd Street Paonia, CO Marsha Brezonick, Needlerock Mountain Realty and Land, LLC, C:,,: Downtown Paonia Opportun...	3 beds \| 2 baths \| 1,798 sq.ft.	$368,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.71% Airbnb Rental Income: $1088 Traditional Rental Income: $2528 Airbnb ROI: 0.47% Traditional ROI: 5.71%
41 Pan American Avenue Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Welcome home to this beauti...	3 beds \| 2 baths \| 1,828 sq.ft.	$419,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.85% Airbnb Rental Income: $1088 Traditional Rental Income: $2491 Airbnb ROI: 0.34% Traditional ROI: 4.85%
41050 Lamborn Mesa Rd Paonia, CO 41050 Lamborn Mesa Rd, Paonia, CO 81428 \| Single Family Residential	3 beds \| 1 baths \| 1,232 sq.ft.	$545,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.8% Airbnb Rental Income: $1088 Traditional Rental Income: $1779 Airbnb ROI: -0.28% Traditional ROI: 1.8%

Real Estate investment in Paonia, CO

There are 23 properties for sale in the city of Paonia . The median list price in Paonia is $497,702 and the average price per square foot is $285. In July 2026, the average monthly cash on cash return in Paonia is 3.00%. The average monthly rental income in Paonia is $2,221.

Paonia, CO Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 23 investment properties available for sale in Paonia.

In 2026, the best neighborhood to buy investment property is Paonia.

The ROI for Short-Term is higher than the Long-Term in Paonia with average rental income of $1,088.

Your search for investment property begins and ends here

Investment Property for Sale in Paonia, CO

117 North Fork Avenue

Paonia, CO

2 beds | 2 baths | 1,092 sq.ft.

$435,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $802

Traditional Rental Income: $1966

Airbnb ROI: -0.34%

Traditional ROI: 3.3%

1014 3rd Street

Paonia, CO

3 beds | 2 baths | 2,032 sq.ft.

$725,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1088

Traditional Rental Income: $2657

Airbnb ROI: -0.58%

Traditional ROI: 2.29%

229 Colorado Ave

Paonia, CO

3 beds | 2 baths | 1,512 sq.ft.

$395,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $1088

Traditional Rental Income: $2056

Airbnb ROI: 0.36%

Traditional ROI: 3.97%

16459 Grange Road

Paonia, CO

2 beds | 1 baths | 1,569 sq.ft.

$1,175,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $802

Traditional Rental Income: $2089

Airbnb ROI: -1.15%

Traditional ROI: 0.32%

41014 Beaver Trail Lane

Paonia, CO

4 beds | 2 baths | 1,584 sq.ft.

$509,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2121

Airbnb ROI: N/A

Traditional ROI: 2.75%

13687 Ragged Mountain Drive

Paonia, CO

4 beds | 3 baths | 3,096 sq.ft.

$474,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2812

Airbnb ROI: N/A

Traditional ROI: 4.61%

458 Price Road

Paonia, CO

1 beds | 1 baths | 716 sq.ft.

$390,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $1099

Traditional Rental Income: $1459

Airbnb ROI: 0.57%

Traditional ROI: 2.57%

21 Alder Court

Paonia, CO

3 beds | 2 baths | 1,519 sq.ft.

$379,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $1088

Traditional Rental Income: $1598

Airbnb ROI: 0.25%