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.	$839,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.22% Airbnb Rental Income: $1252 Traditional Rental Income: $3049 Airbnb ROI: -0.58% Traditional ROI: 2.22%
2706 E Wild Rose Circle Payson, AZ Welcome to one of Payson's most remarkable mountain homes -- a masterfully designed log ca...	4 beds \| 4 baths \| 4,780 sq.ft.	$1,789,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.27% Airbnb Rental Income: $1850 Traditional Rental Income: $4725 Airbnb ROI: -0.76% Traditional ROI: 1.27%
417 E Forest Drive Payson, AZ Beautiful single level log cabin in Payson with modern touches and a peaceful setting. Thi...	2 beds \| 1 baths \| 720 sq.ft.	$309,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 3.34% Airbnb Rental Income: $1252 Traditional Rental Income: $1471 Airbnb ROI: 1.22% Traditional ROI: 3.34%
1711 E Velvet Mesquite Court Payson, AZ Waterfront property in the gated golf community of Chaparral Pines! This home boasts two p...	2 beds \| 3 baths \| 1,621 sq.ft.	$720,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.51% Airbnb Rental Income: $1252 Traditional Rental Income: $2210 Airbnb ROI: -0.51% Traditional ROI: 1.51%
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.	$559,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.82% Airbnb Rental Income: $2202 Traditional Rental Income: $3252 Airbnb ROI: 1.75% 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 \| 1,056 sq.ft.	$275,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 7.27% Airbnb Rental Income: $1603 Traditional Rental Income: $2286 Airbnb ROI: 2.88% 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.	$799,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.15% Airbnb Rental Income: $1603 Traditional Rental Income: $3578 Airbnb ROI: -0.11% 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: -0.58% Traditional cash on cash: 1.16% Airbnb Rental Income: $1850 Traditional Rental Income: $3333 Airbnb ROI: -0.58% 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.	$1,499,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.91% Airbnb Rental Income: $1850 Traditional Rental Income: $3365 Airbnb ROI: -0.54% Traditional ROI: 0.91%
228 S Windmill Road Payson, AZ This stunning Country Home at 228 S Windmill Rd in the peaceful Deer Creek Village is the ...	3 beds \| 3 baths \| 2,160 sq.ft.	$450,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.08% Airbnb Rental Income: $1603 Traditional Rental Income: $2903 Airbnb ROI: 0.91% Traditional ROI: 5.08%
800 N Oak Point Payson, AZ Experience elevated Rim Country living in this beautifully maintained 4-bedroom, 2-bath ho...	4 beds \| 2 baths \| 3,015 sq.ft.	$795,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.51% Airbnb Rental Income: $1850 Traditional Rental Income: $2999 Airbnb ROI: 0.28% Traditional ROI: 2.51%
1211 N PONDEROSA Circle Payson, AZ 2BEDROOM 1.75 BATHS WITH SEPARATE GUEST ROOM,1 CAR DETACHED GARAGE AND FENCED IN BACK YARD...	2 beds \| 2 baths \| 1,120 sq.ft.	$325,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.74% Airbnb Rental Income: $1252 Traditional Rental Income: $1998 Airbnb ROI: 1% Traditional ROI: 4.74%
601 E PHOENIX Street Payson, AZ Updated Payson Beauty with Views, Prime Location & Move-In Ready Peace of Mind! Why wait f...	3 beds \| 3 baths \| 2,041 sq.ft.	$650,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.44% Airbnb Rental Income: $1603 Traditional Rental Income: $3040 Airbnb ROI: 0.32% Traditional ROI: 3.44%
408 E Phoenix Street Payson, AZ Beautiful, well-maintained Payson home offering 3,034 sq ft, 3 bedrooms (with potential fo...	3 beds \| 3 baths \| 3,034 sq.ft.	$618,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.31% Airbnb Rental Income: $1603 Traditional Rental Income: $2999 Airbnb ROI: 0.1% Traditional ROI: 3.31%
2201 E GRAPEVINE Drive Payson, AZ Luxury Golf Course Living in Chaparral Pines! This stunning 4,520-square-foot custom home ...	4 beds \| 5 baths \| 4,520 sq.ft.	$1,899,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.54% Airbnb Rental Income: $1850 Traditional Rental Income: $4051 Airbnb ROI: -0.99% Traditional ROI: 0.54%
906 N AUTUMN SAGE Court Payson, AZ NEW UPGRADESSTUNNING FORMER MODEL HOME IN CHAPARRAL PINES ON A CORNER LOT! SINGLE LEVEL ...	3 beds \| 2 baths \| 2,319 sq.ft.	$699,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 1.82% Airbnb Rental Income: $1603 Traditional Rental Income: $2482 Airbnb ROI: -0.23% Traditional ROI: 1.82%
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.	$399,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.1% Airbnb Rental Income: $1603 Traditional Rental Income: $2504 Airbnb ROI: 1.47% Traditional ROI: 5.1%
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.	$625,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.89% Airbnb Rental Income: $1850 Traditional Rental Income: $3920 Airbnb ROI: 0.48% Traditional ROI: 4.89%
602 N Redbud Circle Payson, AZ Gorgeous single-level home situated on a private .91-acre cul-de-sac homesite overlooking ...	4 beds \| 5 baths \| 3,610 sq.ft.	$2,195,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.52% Airbnb Rental Income: $1850 Traditional Rental Income: $3995 Airbnb ROI: -0.78% Traditional ROI: 0.52%
169 N Lee's Way Payson, AZ Beautifully updated mountain home on .83 acres near the National Forest, offering the life...	3 beds \| 2 baths \| 1,680 sq.ft.	$549,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.05% Airbnb Rental Income: $1603 Traditional Rental Income: $2351 Airbnb ROI: 0.7% Traditional ROI: 3.05%
2505 E SCARLET BUGLER Circle Payson, AZ Experience luxury mountain living and premier country club lifestyle in guard gated commun...	4 beds \| 5 baths \| 4,517 sq.ft.	$1,400,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.11% Airbnb Rental Income: $1850 Traditional Rental Income: $5091 Airbnb ROI: -0.77% Traditional ROI: 2.11%
387 W COLUMBINE Road Payson, AZ Two-story log-sided cabin in Christopher Creek just outside Payson, Arizona. 2 bedrooms, 2...	2 beds \| 2 baths \| 1,869 sq.ft.	$489,800	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.4% Airbnb Rental Income: $1252 Traditional Rental Income: $2815 Airbnb ROI: 0.12% Traditional ROI: 4.4%
414 W Main Street Payson, AZ ''Rare opportunity alert'' Own a piece of Payson's history with this unique commercial pro...	4 beds \| 2 baths \| 2,800 sq.ft.	$1,400,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.25% Airbnb Rental Income: $1850 Traditional Rental Income: $3239 Airbnb ROI: -0.2% Traditional ROI: 1.25%
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.	$1,285,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.71% Airbnb Rental Income: $1850 Traditional Rental Income: $4251 Airbnb ROI: -0.71% Traditional ROI: 1.71%
806 N PONDEROSA Circle Payson, AZ MOVE IN READY \| NO HOA \| UPDATED PAYSON RETREAT. Whether you're searching for a full-time ...	2 beds \| 1 baths \| 816 sq.ft.	$317,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.68% Airbnb Rental Income: $1252 Traditional Rental Income: $1596 Airbnb ROI: 1.19% Traditional ROI: 3.68%
2609 E PINE ISLAND Lane Payson, AZ ~BEST VIEWS OF GOLF & WATER~Canopied w/ ponderosa pines~3 primary king size en-suite bedro...	4 beds \| 5 baths \| 3,286 sq.ft.	$1,075,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.19% Airbnb Rental Income: $1850 Traditional Rental Income: $5892 Airbnb ROI: -0.35% Traditional ROI: 4.19%
404 W Frontier Street Payson, AZ Step in, relax and enjoy! This home has been beautifully remodeled throughout and sits on ...	4 beds \| 2 baths \| 1,920 sq.ft.	$475,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 4.86% Airbnb Rental Income: $1850 Traditional Rental Income: $2863 Airbnb ROI: 1.46% Traditional ROI: 4.86%
889 E DEALERS CHOICE Lane Payson, AZ The Diamond Point Masterpiece: Luxury, Privacy, and Space in Star Valley, AZ. Presenting a...	4 beds \| 2 baths \| 3,383 sq.ft.	$1,150,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.36% Airbnb Rental Income: $1850 Traditional Rental Income: $3248 Airbnb ROI: -0.41% Traditional ROI: 1.36%
512 N Eagle Ridge Road Payson, AZ Charming and full of character, this beautiful home is move-in ready and located in the de...	4 beds \| 3 baths \| 1,964 sq.ft.	$569,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.69% Airbnb Rental Income: $1850 Traditional Rental Income: $2835 Airbnb ROI: 0.9% Traditional ROI: 3.69%
204 N KODZ Road Payson, AZ Mid Century Modern slash cabin in the woods. in Payson AZ. Roof shingles on house redone 3...	3 beds \| 2 baths \| 1,248 sq.ft.	$297,500	Airbnb cash on cash: 2.49% Traditional cash on cash: 5.51% Airbnb Rental Income: $1603 Traditional Rental Income: $1995 Airbnb ROI: 2.49% Traditional ROI: 5.51%
801 N Madison Drive Payson, AZ Priced at 649,900 - below recent appraised value! Wake up to mountain and treetop views, e...	3 beds \| 3 baths \| 2,624 sq.ft.	$648,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.8% Airbnb Rental Income: $1603 Traditional Rental Income: $2675 Airbnb ROI: 0.27% Traditional ROI: 2.8%
2404 W PALMER Drive Payson, AZ Private Horse Ranch Retreat in the Heart of Payson, Arizona. Tucked away on 2.71 acres of ...	3 beds \| 3 baths \| 2,752 sq.ft.	$1,150,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.68% Airbnb Rental Income: $1603 Traditional Rental Income: $3651 Airbnb ROI: -0.66% Traditional ROI: 1.68%
102 N Lookout Point Payson, AZ Well maintained hilltop home in the pines of Payson with panoramic views and wraparound de...	4 beds \| 3 baths \| 2,376 sq.ft.	$650,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.45% Airbnb Rental Income: $1850 Traditional Rental Income: $3088 Airbnb ROI: 0.59% Traditional ROI: 3.45%
2016 E THUNDER Mountain Payson, AZ Payson sits at 5,000 feet in the heart of Arizona's Rim Country, where the desert gives wa...	2 beds \| 3 baths \| 1,264 sq.ft.	$425,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.02% Airbnb Rental Income: $1252 Traditional Rental Income: $1532 Airbnb ROI: 0.32% Traditional ROI: 2.02%
2018 E THUNDER Mountain Payson, AZ Payson sits at 5,000 feet in the heart of Arizona's Rim Country, where the desert gives wa...	3 beds \| 2 baths \| 1,264 sq.ft.	$425,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.02% Airbnb Rental Income: $1603 Traditional Rental Income: $1532 Airbnb ROI: 1.05% Traditional ROI: 2.02%
1904 N UNDERWOOD Court Payson, AZ Perched at the prestigious northern edge of Payson, where the land opens wide and the sky ...	4 beds \| 3 baths \| 3,590 sq.ft.	$1,299,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.36% Airbnb Rental Income: $1850 Traditional Rental Income: $3574 Airbnb ROI: -0.48% Traditional ROI: 1.36%
605 W St Moritz Drive Payson, AZ	2 beds \| 3 baths \| 1,430 sq.ft.	$449,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.98% Airbnb Rental Income: $1252 Traditional Rental Income: $2351 Airbnb ROI: 0.42% Traditional ROI: 3.98%
508 W Frontier Street Payson, AZ Beautiful Manufactured Home in the Heart of Payson! Don't miss this charming and upgraded ...	4 beds \| 3 baths \| 1,799 sq.ft.	$449,999	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.57% Airbnb Rental Income: $1850 Traditional Rental Income: $2963 Airbnb ROI: 1.75% Traditional ROI: 5.57%
199 S GREYSTONE Circle Payson, AZ Don't Miss This Mountain Retreat! Back on market no fault of the home!! Tucked away in the...	4 beds \| 3 baths \| 3,334 sq.ft.	$749,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 4.34% Airbnb Rental Income: $1850 Traditional Rental Income: $4289 Airbnb ROI: 0.13% Traditional ROI: 4.34%

Real Estate investment in Payson, AZ

There are 149 properties for sale in the city of Payson . The median list price in Payson is $504,739 and the average price per square foot is $242. In June 2026, the average monthly cash on cash return in Payson is 4.00%. The average monthly rental income in Payson is $2,374.

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

There are 149 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 $2,374.

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.

$839,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $1252

Traditional Rental Income: $3049

Airbnb ROI: -0.58%

Traditional ROI: 2.22%

2706 E Wild Rose Circle

Payson, AZ

4 beds | 4 baths | 4,780 sq.ft.

$1,789,000

Airbnb cash on cash: -0.76%

Traditional cash on cash: 1.27%

Airbnb Rental Income: $1850

Traditional Rental Income: $4725

Airbnb ROI: -0.76%

Traditional ROI: 1.27%

417 E Forest Drive

Payson, AZ

2 beds | 1 baths | 720 sq.ft.

$309,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $1252

Traditional Rental Income: $1471

Airbnb ROI: 1.22%

Traditional ROI: 3.34%

1711 E Velvet Mesquite Court

Payson, AZ

2 beds | 3 baths | 1,621 sq.ft.

$720,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1252

Traditional Rental Income: $2210

Airbnb ROI: -0.51%

Traditional ROI: 1.51%

512 W Standage Drive

Payson, AZ

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

$559,900

Airbnb cash on cash: 1.75%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $2202

Traditional Rental Income: $3252

Airbnb ROI: 1.75%

Traditional ROI: 4.82%

703 W COLT Circle

Payson, AZ

3 beds | 2 baths | 1,056 sq.ft.

$275,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 7.27%

Airbnb Rental Income: $1603

Traditional Rental Income: $2286

Airbnb ROI: 2.88%

Traditional ROI: 7.27%

801 W Zane Grey Circle

Payson, AZ

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

$799,900

Airbnb cash on cash: -0.11%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1603

Traditional Rental Income: $3578

Airbnb ROI: -0.11%

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: -0.58%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $1850

Traditional Rental Income: $3333

Airbnb ROI: -0.58%