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
41263 Highway 133 Paonia, CO Discover a true Colorado gem with this charming three-story log home on nine acres, just m...	4 beds \| 3 baths \| 2,987 sq.ft.	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $3406 Airbnb ROI: N/A Traditional ROI: 2.74%
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.	$1,100,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.44% Airbnb Rental Income: $1090 Traditional Rental Income: $2089 Airbnb ROI: -0.89% Traditional ROI: 0.44%
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.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.83% Airbnb Rental Income: $null Traditional Rental Income: $2121 Airbnb ROI: N/A Traditional ROI: 2.83%
19253 Stevens Gulch Road Paonia, CO Gregg Angelovich, Real Colorado Properties, C:,,: Back on the market No fault of the prope...	5 beds \| 4 baths \| 2,580 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2911 Airbnb ROI: N/A Traditional ROI: 3.32%
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.	$454,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $2812 Airbnb ROI: N/A Traditional ROI: 4.88%
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.	$359,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.95% Airbnb Rental Income: $1686 Traditional Rental Income: $1598 Airbnb ROI: 1.82% Traditional ROI: 2.95%
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.	$498,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2776 Airbnb ROI: N/A Traditional ROI: 4.38%
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.	$340,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.69% Airbnb Rental Income: $1686 Traditional Rental Income: $2393 Airbnb ROI: 2.01% Traditional ROI: 5.69%
13571 Ragged Mountain Drive Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC,,,: Located close to National Fore...	3 beds \| 2 baths \| 1,904 sq.ft.	$489,020	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.27% Airbnb Rental Income: $1686 Traditional Rental Income: $2279 Airbnb ROI: 0.95% Traditional ROI: 3.27%
1200 3rd Street #10 Paonia, CO Ann Marie Gambino, Paonia Realty LLC, C:,,: One of Paonia's most distinctive green homes, ...	2 beds \| 2 baths \| 1,005 sq.ft.	$523,950	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.48% Airbnb Rental Income: $1090 Traditional Rental Income: $1966 Airbnb ROI: -0.07% Traditional ROI: 2.48%
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 \| 1,367 sq.ft.	$595,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.92% Airbnb Rental Income: $1090 Traditional Rental Income: $2335 Airbnb ROI: 0.01% Traditional ROI: 2.92%
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.	$375,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.55% Airbnb Rental Income: $1090 Traditional Rental Income: $1872 Airbnb ROI: 0.27% Traditional ROI: 3.55%
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.	$499,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.96% Airbnb Rental Income: $1686 Traditional Rental Income: $2179 Airbnb ROI: 0.9% Traditional ROI: 2.96%
119 North Fork Avenue Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Welcome to 119 North Fork A...	2 beds \| 2 baths \| 1,120 sq.ft.	$384,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.66% Airbnb Rental Income: $1090 Traditional Rental Income: $1600 Airbnb ROI: 0.23% Traditional ROI: 2.66%
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: -0.88% Traditional cash on cash: -0.15% Airbnb Rental Income: $1686 Traditional Rental Income: $3818 Airbnb ROI: -0.88% 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.	$399,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.17% Airbnb Rental Income: $1686 Traditional Rental Income: $2221 Airbnb ROI: 1.49% Traditional ROI: 4.17%
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.	$518,976	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.78% Airbnb Rental Income: $1686 Traditional Rental Income: $2494 Airbnb ROI: 1.15% Traditional ROI: 3.78%
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: 1.91% Traditional cash on cash: 5.71% Airbnb Rental Income: $1686 Traditional Rental Income: $2528 Airbnb ROI: 1.91% 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.	$409,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 4.99% Airbnb Rental Income: $1686 Traditional Rental Income: $2491 Airbnb ROI: 1.67% Traditional ROI: 4.99%
127 Niagara Avenue Paonia, CO Tammy Geisler, Needlerock Mountain Realty and Land, LLC, C:,,: Welcome to a thoughtfully i...	2 beds \| 2 baths \| 1,238 sq.ft.	$565,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 1.58% Airbnb Rental Income: $1090 Traditional Rental Income: $1723 Airbnb ROI: -0.32% Traditional ROI: 1.58%
41675 O Road Paonia, CO Katherine Linehan, Paonia Realty LLC, C:,,: This exceptional property on the idyllic "O" R...	1 beds \| 2 baths \| 925 sq.ft.	$925,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -0.12% Airbnb Rental Income: $928 Traditional Rental Income: $1285 Airbnb ROI: -0.94% Traditional ROI: -0.12%
708 3rd Street Paonia, CO Marsha Brezonick, Needlerock Mountain Realty and Land, LLC, C:,,: Charming, cheerful and r...	2 beds \| 1 baths \| 988 sq.ft.	$365,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.44% Airbnb Rental Income: $1090 Traditional Rental Income: $1447 Airbnb ROI: 0.32% Traditional ROI: 2.44%
675 7th Street Paonia, CO Marsha Brezonick, Needlerock Mountain Realty and Land, LLC, C:,,: Tucked away on a large l...	3 beds \| 2 baths \| 2,441 sq.ft.	$539,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.62% Airbnb Rental Income: $1686 Traditional Rental Income: $2625 Airbnb ROI: 0.82% Traditional ROI: 3.62%

Real Estate investment in Paonia, CO

There are 24 properties for sale in the city of Paonia . The median list price in Paonia is $539,743 and the average price per square foot is $294. In November 2026, the average monthly cash on cash return in Paonia is 3.00%. The average monthly rental income in Paonia is $2,250.

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

There are 24 investment properties available for sale in Paonia.

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

The ROI for Long-Term is higher than the Short-Term in Paonia with average rental income of $2,250.

Your search for investment property begins and ends here

Investment Property for Sale in Paonia, CO

41263 Highway 133

Paonia, CO

4 beds | 3 baths | 2,987 sq.ft.

$875,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3406

Airbnb ROI: N/A

Traditional ROI: 2.74%

16459 Grange Road

Paonia, CO

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

$1,100,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $1090

Traditional Rental Income: $2089

Airbnb ROI: -0.89%

Traditional ROI: 0.44%

41014 Beaver Trail Lane

Paonia, CO

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

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2121

Airbnb ROI: N/A

Traditional ROI: 2.83%

19253 Stevens Gulch Road

Paonia, CO

5 beds | 4 baths | 2,580 sq.ft.

$625,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2911

Airbnb ROI: N/A

Traditional ROI: 3.32%

13687 Ragged Mountain Drive

Paonia, CO

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

$454,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2812

Airbnb ROI: N/A

Traditional ROI: 4.88%

21 Alder Court

Paonia, CO

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

$359,900

Airbnb cash on cash: 1.82%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $1686

Traditional Rental Income: $1598

Airbnb ROI: 1.82%

Traditional ROI: 2.95%

1515 2nd Street

Paonia, CO

4 beds | 3 baths | 1,943 sq.ft.

$498,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2776

Airbnb ROI: N/A

Traditional ROI: 4.38%

57 Cedar Drive

Paonia, CO

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