Real Estate Investment Properties for Sale in Payson, AZ

Looking for investment property in Payson, AZ with high ROI ?

Explore a variety of short-term homes & houses in Payson, AZ. Invest wisely with VRBO & Payson, AZ 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 Payson, AZ

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1909 E RAINBOW Trail Payson, AZ Move right in and enjoy added peace of mind in this beautifully updated chalet-inspired Pa...	2 beds \| 3 baths \| 2,595 sq.ft.	$825,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.28% Airbnb Rental Income: $1379 Traditional Rental Income: $3049 Airbnb ROI: -0.44% Traditional ROI: 2.28%
512 W Standage Drive Payson, AZ Welcome home to the pines--where comfort, style, and versatility come together in a truly ...	5 beds \| 3 baths \| 2,001 sq.ft.	$550,500	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.82% Airbnb Rental Income: $1697 Traditional Rental Income: $3252 Airbnb ROI: 0.95% Traditional ROI: 4.82%
703 W Colt Circle Payson, AZ Charming Remodeled Mountain Retreat - Fully Furnished & Move-In Ready! This adorable 3-bed...	3 beds \| 2 baths \| 1,152 sq.ft.	$270,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 7.27% Airbnb Rental Income: $1693 Traditional Rental Income: $2286 Airbnb ROI: 3.17% Traditional ROI: 7.27%
801 W Zane Grey Circle Payson, AZ What an incredible blend of Location, Space, and Panoramic Views! This 2921 sf 3 bed, 3 ba...	3 beds \| 3 baths \| 2,921 sq.ft.	$774,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 3.15% Airbnb Rental Income: $1693 Traditional Rental Income: $3578 Airbnb ROI: -0.01% Traditional ROI: 3.15%
2208 E Filaree Circle Payson, AZ Located within the gates of the private golf country club community of Chaparral Pines, th...	4 beds \| 3 baths \| 3,232 sq.ft.	$1,225,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.16% Airbnb Rental Income: $1919 Traditional Rental Income: $3333 Airbnb ROI: -0.53% Traditional ROI: 1.16%
415 E RIM ESTATES Trail Payson, AZ Exceptionally rare opportunity to own over 400 feet of year-round East Verde River frontag...	4 beds \| 3 baths \| 2,701 sq.ft.	$1,349,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.04% Airbnb Rental Income: $1919 Traditional Rental Income: $3365 Airbnb ROI: -0.46% Traditional ROI: 1.04%
2201 E GRAPEVINE Drive Payson, AZ Mountain luxury meets golf-course living in the prestigious, gated Chaparral Pines. Enter ...	4 beds \| 5 baths \| 4,520 sq.ft.	$1,699,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 0.54% Airbnb Rental Income: $1919 Traditional Rental Income: $4051 Airbnb ROI: -0.96% Traditional ROI: 0.54%
811 E LONE PINE Circle Payson, AZ Beautifully updated 2-story home nestled among the pines! This move-in-ready property blen...	3 beds \| 2 baths \| 1,680 sq.ft.	$385,495	Airbnb cash on cash: 1.73% Traditional cash on cash: 5.24% Airbnb Rental Income: $1693 Traditional Rental Income: $2504 Airbnb ROI: 1.73% Traditional ROI: 5.24%
131 E JACKSHOE Trail Payson, AZ Check out the new enhancements recently made to the home. A true slice of heaven. Whether ...	4 beds \| 4 baths \| 3,000 sq.ft.	$559,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.89% Airbnb Rental Income: $1919 Traditional Rental Income: $3920 Airbnb ROI: 0.58% Traditional ROI: 4.89%
1501 N BEELINE Highway #2 Payson, AZ Discover this well-maintained unit located at 1501 N Beeline Highway, Unit 2 in Payson, AZ...	2 beds \| 2 baths \| 960 sq.ft.	$230,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.92% Airbnb Rental Income: $1379 Traditional Rental Income: $1735 Airbnb ROI: 1.05% Traditional ROI: 3.92%
169 N Lees Way Payson, AZ Now offered on approximatley .84 acres, with the option to purchase the additional approxi...	3 beds \| 2 baths \| 1,680 sq.ft.	$519,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 3.05% Airbnb Rental Income: $1693 Traditional Rental Income: $2351 Airbnb ROI: 0.85% Traditional ROI: 3.05%
2505 E SCARLET BUGLER Circle Payson, AZ MOTIVATED SELLER = $25k Price Adjustment! Experience luxury mountain living and premier co...	4 beds \| 5 baths \| 4,517 sq.ft.	$1,375,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.11% Airbnb Rental Income: $1919 Traditional Rental Income: $5091 Airbnb ROI: -0.72% Traditional ROI: 2.11%
414 W Main Street Payson, AZ ''Rare opportunity alert'' Own a piece of Payson's history with this unique commercial pro...	4 beds \| 3 baths \| 2,800 sq.ft.	$1,400,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.25% Airbnb Rental Income: $1919 Traditional Rental Income: $3239 Airbnb ROI: -0.16% Traditional ROI: 1.25%
124 N Milky Way Payson, AZ Move-in ready home situated on 2 lots in a quiet Payson neighborhood with no HOA! This +-1...	2 beds \| 2 baths \| 1,513 sq.ft.	$410,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.17% Airbnb Rental Income: $1379 Traditional Rental Income: $2697 Airbnb ROI: 0.76% Traditional ROI: 5.17%
2304 E Blue Bell Circle Payson, AZ Welcome to a home that truly lives easy yet expansive. With everything you need on the mai...	4 beds \| 4 baths \| 3,842 sq.ft.	$1,199,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.91% Airbnb Rental Income: $1919 Traditional Rental Income: $4251 Airbnb ROI: -0.64% Traditional ROI: 1.91%
3007 E Arrow Point Payson, AZ Discover the perfect blend of luxury and nature in this exquisite rustic home located in T...	3 beds \| 3 baths \| 2,741 sq.ft.	$1,195,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.44% Airbnb Rental Income: $1693 Traditional Rental Income: $2749 Airbnb ROI: -0.9% Traditional ROI: 0.44%
889 E DEALERS CHOICE Lane Payson, AZ DIAMOND POINT VIEWS \| 2.49 ACRES \| NO HOA \| 4 BEDROOMS \| MASSIVE GARAGE & RV SPACE Looking...	4 beds \| 2 baths \| N/A	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.36% Airbnb Rental Income: $null Traditional Rental Income: $3248 Airbnb ROI: N/A Traditional ROI: 1.36%
601 E HUNTER Drive Payson, AZ Partial Seller Financing Available for Qualified Buyers. Welcome Home to Panoramic Mountai...	4 beds \| 3 baths \| 2,812 sq.ft.	$699,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.97% Airbnb Rental Income: $1919 Traditional Rental Income: $3612 Airbnb ROI: 0.49% Traditional ROI: 3.97%
370 N COYOTE Trail Payson, AZ Tucked beneath towering pines in gated Thompson Draw I, this classic A-frame cabin deliver...	1 beds \| 1 baths \| 960 sq.ft.	$364,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 3% Airbnb Rental Income: $764 Traditional Rental Income: $1595 Airbnb ROI: -0.26% Traditional ROI: 3%
900 N Autumn Sage Court Payson, AZ Designed by Architect Bill Easton, this Brand New 3 bed 2 bath single level home located i...	3 beds \| 2 baths \| 1,783 sq.ft.	$699,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 2.22% Airbnb Rental Income: $1693 Traditional Rental Income: $2483 Airbnb ROI: 0.35% Traditional ROI: 2.22%
1428 N EASY Street Payson, AZ (SOON TO BE UNDER CONSTRUCTION) Located in Alpine Heights (one of Payson's Favorite Neighb...	3 beds \| 2 baths \| 1,602 sq.ft.	$594,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.96% Airbnb Rental Income: $1693 Traditional Rental Income: $2377 Airbnb ROI: 0.88% Traditional ROI: 2.96%
259 S MORRIS Meadows Payson, AZ Situated on a large lot with room to build more; and Tucked into a quiet stand of pines ne...	2 beds \| 1 baths \| 1,040 sq.ft.	$450,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.56% Airbnb Rental Income: $1379 Traditional Rental Income: $1653 Airbnb ROI: 0.92% Traditional ROI: 2.56%
571 S TONTO CREEK Drive Payson, AZ Nestled in the peaceful Creekside community of Gisela, this charming 2008 manufactured hom...	4 beds \| 2 baths \| 2,128 sq.ft.	$365,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 6.59% Airbnb Rental Income: $1919 Traditional Rental Income: $2770 Airbnb ROI: 2.63% Traditional ROI: 6.59%
7705 N Caballero Road Payson, AZ *Motivated Seller* Bring your RV, car collection, and toys -- this property was built ...	4 beds \| 3 baths \| 1,855 sq.ft.	$945,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.51% Airbnb Rental Income: $1919 Traditional Rental Income: $2654 Airbnb ROI: -0.9% Traditional ROI: 0.51%
609 N Ponderosa Circle #A Payson, AZ Fully renovated in 2023, this rare lower-level 2BR/2BA condo blends modern updates with co...	2 beds \| 3 baths \| 1,400 sq.ft.	$220,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.49% Airbnb Rental Income: $1379 Traditional Rental Income: $1764 Airbnb ROI: 1.39% Traditional ROI: 4.49%
1412 E Phoenix Street Payson, AZ Custom-built home on over two acres in Payson's highly regarded Forest Edge community, set...	4 beds \| 2 baths \| 3,104 sq.ft.	$1,450,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 0.35% Airbnb Rental Income: $1919 Traditional Rental Income: $2553 Airbnb ROI: -0.49% Traditional ROI: 0.35%
818 N Blue Spruce Circle Payson, AZ Tucked into a quiet cul-de-sac in the coveted Woodhill Subdivision, this custom mountain h...	3 beds \| 3 baths \| 1,947 sq.ft.	$599,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.4% Airbnb Rental Income: $1693 Traditional Rental Income: $2441 Airbnb ROI: 0.3% Traditional ROI: 2.4%
691 N PYLE RANCH Road Payson, AZ Nestled in the heart of Payson's natural beauty, this charming cabin-style residence offer...	4 beds \| 2 baths \| 1,464 sq.ft.	$565,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.02% Airbnb Rental Income: $1919 Traditional Rental Income: $2491 Airbnb ROI: 0.97% Traditional ROI: 3.02%
207 E Aero Drive Payson, AZ Motivated seller, Nice 4-bedroom 2-bath site-built home in Payson. Large lot.24 acre, with...	4 beds \| 2 baths \| 1,455 sq.ft.	$295,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.53% Airbnb Rental Income: $1919 Traditional Rental Income: $2427 Airbnb ROI: 3.09% Traditional ROI: 6.53%
647 S Moonlight Dr Payson, AZ Seller financing options are available! Discover this unique property featuring two homes ...	4 beds \| 2 baths \| 2,672 sq.ft.	$480,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 4.36% Airbnb Rental Income: $1919 Traditional Rental Income: $2627 Airbnb ROI: 1.65% Traditional ROI: 4.36%
16 N Star Vale Rd #105 Payson, AZ You'll never get tired of the view. This stunning home is located on one of the best lots ...	2 beds \| 2 baths \| 704 sq.ft.	$184,500	Airbnb cash on cash: 3.03% Traditional cash on cash: 7.33% Airbnb Rental Income: $1379 Traditional Rental Income: $1757 Airbnb ROI: 3.03% Traditional ROI: 7.33%
804 S Pony Circle Payson, AZ Welcome to this beautifully renovated 4-bedroom, 2-bathroom home located in the charming m...	4 beds \| 2 baths \| 1,900 sq.ft.	$389,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.87% Airbnb Rental Income: $1919 Traditional Rental Income: $2788 Airbnb ROI: 2.19% Traditional ROI: 5.87%
211 N Helen Drive Payson, AZ Charming Chalet Cabin Near the Coveted East Verde River .Discover the rare opportunity to ...	2 beds \| 2 baths \| 1,456 sq.ft.	$432,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.46% Airbnb Rental Income: $1379 Traditional Rental Income: $2240 Airbnb ROI: 0.42% Traditional ROI: 3.46%
416 E CONTINENTAL Drive Payson, AZ Two primary suites, single-level living, and space to truly spread out--this is the one yo...	4 beds \| 2 baths \| 2,346 sq.ft.	$525,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.45% Airbnb Rental Income: $1919 Traditional Rental Income: $3053 Airbnb ROI: 1.1% Traditional ROI: 4.45%
505 E McKamey Street Payson, AZ Step into this almost-new 2024 CAVCO home, perfectly set on a scenic, 0.37AC lot adorned w...	1 beds \| 2 baths \| 1,248 sq.ft.	$505,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.84% Airbnb Rental Income: $764 Traditional Rental Income: $1976 Airbnb ROI: -0.4% Traditional ROI: 2.84%
503 W JOHNSON Drive Payson, AZ Centrally located and move-in ready, this updated 3-bedroom, 2-bathroom split floor plan i...	3 beds \| 2 baths \| 1,440 sq.ft.	$296,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 6.75% Airbnb Rental Income: $1693 Traditional Rental Income: $2326 Airbnb ROI: 2.79% Traditional ROI: 6.75%
350 S Buenagua Road Payson, AZ ON THE CREEK is more than a phrase--it's a lifestyle, and this remarkable property brings ...	4 beds \| 2 baths \| 1,711 sq.ft.	$888,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.66% Airbnb Rental Income: $1919 Traditional Rental Income: $3355 Airbnb ROI: 0.31% Traditional ROI: 2.66%
142 S Union Park Dr Payson, AZ 142 S Union Park Dr, Payson, AZ 85541 \| Single Family Residential	3 beds \| 3 baths \| 2,304 sq.ft.	$825,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.63% Airbnb Rental Income: $1693 Traditional Rental Income: $2868 Airbnb ROI: -0.34% Traditional ROI: 1.63%
285 Box Elder Payson, AZ This is a rare sanctaury in the woods. This well maintained, updated home located in beaut...	3 beds \| 2 baths \| 1,443 sq.ft.	$795,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.88% Airbnb Rental Income: $1693 Traditional Rental Income: $2640 Airbnb ROI: 0.11% Traditional ROI: 1.88%
806 N Oak Point Circle Payson, AZ Breathtaking views while nestled at the end of a quiet cul-de-sac in Payson, this exceptio...	3 beds \| 3 baths \| 2,424 sq.ft.	$649,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.89% Airbnb Rental Income: $1693 Traditional Rental Income: $2900 Airbnb ROI: 0.22% Traditional ROI: 2.89%

Real Estate investment in Payson, AZ

There are 71 properties for sale in the city of Payson . The median list price in Payson is $499,762 and the average price per square foot is $246. In November 2026, the average monthly cash on cash return in Payson is 4.00%. The average monthly rental income in Payson is $2,396.

Payson, AZ Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 71 investment properties available for sale in Payson.

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

The ROI for Long-Term is higher than the Short-Term in Payson with average rental income of $2,396.

Your search for investment property begins and ends here

Investment Property for Sale in Payson, AZ

1909 E RAINBOW Trail

Payson, AZ

2 beds | 3 baths | 2,595 sq.ft.

$825,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1379

Traditional Rental Income: $3049

Airbnb ROI: -0.44%

Traditional ROI: 2.28%

512 W Standage Drive

Payson, AZ

5 beds | 3 baths | 2,001 sq.ft.

$550,500

Airbnb cash on cash: 0.95%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $1697

Traditional Rental Income: $3252

Airbnb ROI: 0.95%

Traditional ROI: 4.82%

703 W Colt Circle

Payson, AZ

3 beds | 2 baths | 1,152 sq.ft.

$270,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 7.27%

Airbnb Rental Income: $1693

Traditional Rental Income: $2286

Airbnb ROI: 3.17%

Traditional ROI: 7.27%

801 W Zane Grey Circle

Payson, AZ

3 beds | 3 baths | 2,921 sq.ft.

$774,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1693

Traditional Rental Income: $3578

Airbnb ROI: -0.01%

Traditional ROI: 3.15%

2208 E Filaree Circle

Payson, AZ

4 beds | 3 baths | 3,232 sq.ft.

$1,225,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $1919

Traditional Rental Income: $3333

Airbnb ROI: -0.53%

Traditional ROI: 1.16%

415 E RIM ESTATES Trail

Payson, AZ

4 beds | 3 baths | 2,701 sq.ft.

$1,349,900

Airbnb cash on cash: -0.46%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1919

Traditional Rental Income: $3365

Airbnb ROI: -0.46%

Traditional ROI: 1.04%

2201 E GRAPEVINE Drive

Payson, AZ

4 beds | 5 baths | 4,520 sq.ft.

$1,699,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $1919

Traditional Rental Income: $4051

Airbnb ROI: -0.96%

Traditional ROI: 0.54%

811 E LONE PINE Circle

Payson, AZ

3 beds | 2 baths | 1,680 sq.ft.

$385,495

Airbnb cash on cash: 1.73%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1693

Traditional Rental Income: $2504

Airbnb ROI: 1.73%