Real Estate Investment Properties for Sale in Parowan, UT

Looking for investment property in Parowan, UT with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1741 S Red Canyon Dr Parowan, UT Escape the hustle and bustle in this darling log cabin nestled in the trees. Enjoy breatht...	3 beds \| 2 baths \| 1,664 sq.ft.	$599,867	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.08% Airbnb Rental Income: $1169 Traditional Rental Income: $2122 Airbnb ROI: -0.31% Traditional ROI: 2.08%
275 E 400 N Parowan, UT Well maintained home recently updated with new flooring on main floor and fresh paint. 3 b...	3 beds \| 2 baths \| 2,040 sq.ft.	$415,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.52% Airbnb Rental Income: $1169 Traditional Rental Income: $2383 Airbnb ROI: 0.41% Traditional ROI: 4.52%
140 W 300 S Parowan, UT Step into a piece of Parowan history. Built in 1910, this charming 2-bedroom, 1-bath cotta...	2 beds \| 1 baths \| 1,668 sq.ft.	$275,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.6% Airbnb Rental Income: $811 Traditional Rental Income: $1629 Airbnb ROI: 0.2% Traditional ROI: 4.6%
583 W Center St Parowan, UT Welcome to this single level 3-bedroom, 2-bath home in the charming community of Parowan, ...	3 beds \| 2 baths \| 1,606 sq.ft.	$360,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.78% Airbnb Rental Income: $1169 Traditional Rental Income: $2178 Airbnb ROI: 0.66% Traditional ROI: 4.78%
207 E 300 N Parowan, UT Charming 1914 home in the quaint and quiet town of Parowan. It has lots of charm and chara...	3 beds \| 2 baths \| 2,323 sq.ft.	$349,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.9% Airbnb Rental Income: $1169 Traditional Rental Income: $2485 Airbnb ROI: 0.71% Traditional ROI: 5.9%
273 S 700 W Parowan, UT Located 20 minutes between Cedar City and Brian Head Resort, this 1,976 sq ft home offers ...	4 beds \| 2 baths \| 1,976 sq.ft.	$385,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.38% Airbnb Rental Income: $1475 Traditional Rental Income: $2506 Airbnb ROI: 1.32% Traditional ROI: 5.38%
3505 W Allard Ranch Dr Parowan, UT Experience the perfect blend of comfort, style, & serene country living on this beautiful ...	3 beds \| 2 baths \| 2,356 sq.ft.	$659,900	Airbnb cash on cash: 0% Traditional cash on cash: 2.33% Airbnb Rental Income: $1169 Traditional Rental Income: $2223 Airbnb ROI: 0% Traditional ROI: 2.33%
503 RHONDA Parowan, UT Premier RV Lot with 5th wheel trailer for sale in Foothills RV Park. Why rent an RV spot w...	1 beds \| 1 baths \| 296 sq.ft.	$94,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.78% Airbnb Rental Income: $null Traditional Rental Income: $1073 Airbnb ROI: N/A Traditional ROI: 7.78%
2267 W 475 S Parowan, UT Step inside and immediately feel the warmth of a home that has been exceptionally maintain...	3 beds \| 2 baths \| 1,315 sq.ft.	$389,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.68% Airbnb Rental Income: $1169 Traditional Rental Income: $1994 Airbnb ROI: 0.37% Traditional ROI: 3.68%
257 S 1075 W Parowan, UT From Cedar City, take I-15 North toward Parowan. Take Exit 75 for Parowan. Turn right onto...	3 beds \| 2 baths \| 1,990 sq.ft.	$550,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.42% Airbnb Rental Income: $1169 Traditional Rental Income: $2422 Airbnb ROI: 0.24% Traditional ROI: 3.42%
760 W 60 N lot: 46 Parowan, UT Brand new and beautifully finished, this 3-bedroom, 2-bath home offers an open, inviting f...	3 beds \| 2 baths \| 1,486 sq.ft.	$399,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.55% Airbnb Rental Income: $1169 Traditional Rental Income: $2194 Airbnb ROI: 0.79% Traditional ROI: 4.55%
850 S 500 E Parowan, UT Set on approximately 13.9 acres on the east side of Parowan, this expansive residential pr...	2 beds \| 5 baths \| 6,956 sq.ft.	$3,000,000	Airbnb cash on cash: -1.48% Traditional cash on cash: -0.16% Airbnb Rental Income: $811 Traditional Rental Income: $4172 Airbnb ROI: -1.48% Traditional ROI: -0.16%
296 S 1075 W Parowan, UT Experience this exceptional luxury estate with detached shop, offering over 6,200 sq ft of...	4 beds \| 4 baths \| 6,203 sq.ft.	$1,350,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.37% Airbnb Rental Income: $1475 Traditional Rental Income: $3397 Airbnb ROI: -0.51% Traditional ROI: 1.37%
275 E 200 S St #C3 Parowan, UT Affordable living just minutes from Cedar City! Located in historic Parowan, Utah, this tu...	2 beds \| 2 baths \| 1,274 sq.ft.	$209,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.76% Airbnb Rental Income: $811 Traditional Rental Income: $1690 Airbnb ROI: 0.72% Traditional ROI: 6.76%
499 E 40 S Parowan, UT	5 beds \| 3 baths \| 2,928 sq.ft.	$449,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.54% Airbnb Rental Income: $1186 Traditional Rental Income: $3031 Airbnb ROI: 0.25% Traditional ROI: 5.54%
434 S 1050 W Parowan, UT Located in Valley Heights Estates on the east bench near Parowan, this custom 3 bed, 2 bat...	3 beds \| 2 baths \| 2,100 sq.ft.	$649,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.61% Airbnb Rental Income: $1169 Traditional Rental Income: $2494 Airbnb ROI: -0.21% Traditional ROI: 2.61%
610 W Old Highway 91 Parowan, UT Opportunity to own property in the quiet, historic town of Parowan, just minutes from Bria...	4 beds \| 2 baths \| 1,712 sq.ft.	$475,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.65% Airbnb Rental Income: $1475 Traditional Rental Income: $2311 Airbnb ROI: 0.79% Traditional ROI: 3.65%

Real Estate investment in Parowan, UT

There are 17 properties for sale in the city of Parowan . The median list price in Parowan is $415,000 and the average price per square foot is $177. In May 2026, the average monthly cash on cash return in Parowan is 4.00%. The average monthly rental income in Parowan is $2,267.

Parowan, UT Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 17 investment properties available for sale in Parowan.

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

The ROI for Short-Term is higher than the Long-Term in Parowan with average rental income of $1,169.

Your search for investment property begins and ends here

Investment Property for Sale in Parowan, UT

1741 S Red Canyon Dr

Parowan, UT

3 beds | 2 baths | 1,664 sq.ft.

$599,867

Airbnb cash on cash: -0.31%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $1169

Traditional Rental Income: $2122

Airbnb ROI: -0.31%

Traditional ROI: 2.08%

275 E 400 N

Parowan, UT

3 beds | 2 baths | 2,040 sq.ft.

$415,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1169

Traditional Rental Income: $2383

Airbnb ROI: 0.41%

Traditional ROI: 4.52%

140 W 300 S

Parowan, UT

2 beds | 1 baths | 1,668 sq.ft.

$275,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $811

Traditional Rental Income: $1629

Airbnb ROI: 0.2%

Traditional ROI: 4.6%

583 W Center St

Parowan, UT

3 beds | 2 baths | 1,606 sq.ft.

$360,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1169

Traditional Rental Income: $2178

Airbnb ROI: 0.66%

Traditional ROI: 4.78%

207 E 300 N

Parowan, UT

3 beds | 2 baths | 2,323 sq.ft.

$349,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1169

Traditional Rental Income: $2485

Airbnb ROI: 0.71%

Traditional ROI: 5.9%

273 S 700 W

Parowan, UT

4 beds | 2 baths | 1,976 sq.ft.

$385,000

Airbnb cash on cash: 1.32%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1475

Traditional Rental Income: $2506

Airbnb ROI: 1.32%

Traditional ROI: 5.38%

3505 W Allard Ranch Dr

Parowan, UT

3 beds | 2 baths | 2,356 sq.ft.

$659,900

Airbnb cash on cash: 0%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $1169

Traditional Rental Income: $2223

Airbnb ROI: 0%

Traditional ROI: 2.33%

503 RHONDA

Parowan, UT

1 beds | 1 baths | 296 sq.ft.

$94,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.78%

Airbnb Rental Income: $null

Traditional Rental Income: $1073

Airbnb ROI: N/A