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
1112 W 275 S Parowan, UT This beautifully finished 1,836 sq. ft. home in Parowan is packed with high-end features a...	3 beds \| 2 baths \| 1,836 sq.ft.	$549,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 3.48% Airbnb Rental Income: $2322 Traditional Rental Income: $2448 Airbnb ROI: 2.11% Traditional ROI: 3.48%
275 E 200 S unit: C3 #C3 Parowan, UT Easy Living! Escape to the rural charm of Parowan, Utah in this 2 bedroom 2 bathroom condo...	2 beds \| 2 baths \| 1,274 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1867 Airbnb ROI: N/A Traditional ROI: 6.95%
273 S 700 W Parowan, UT Welcome to the charming ranch-style home in the heart of parowan. This 4 bedroom 2 bathroo...	4 beds \| 2 baths \| 1,976 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2506 Airbnb ROI: N/A Traditional ROI: 5.11%
2246 W 450 S Parowan, UT Live the vacation! Welcome to this wonderful home in immaculate condition. This home offer...	3 beds \| 2 baths \| 1,315 sq.ft.	$359,777	Airbnb cash on cash: 3.31% Traditional cash on cash: 4.23% Airbnb Rental Income: $2322 Traditional Rental Income: $2055 Airbnb ROI: 3.31% Traditional ROI: 4.23%
114 N 850 W Parowan, UT Welcome to this immaculate & well taken care of home! Boasting with GORGEOUS mountain view...	5 beds \| 3 baths \| 3,060 sq.ft.	$480,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.45% Airbnb Rental Income: $1026 Traditional Rental Income: $3270 Airbnb ROI: -0.35% Traditional ROI: 5.45%
65 E 300 S St Parowan, UT Welcome to this amazing and beautiful home. With so much to offer. Boasting with lots of c...	4 beds \| 4 baths \| 3,551 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $3620 Airbnb ROI: N/A Traditional ROI: 5.25%
680 S Heritage Hills Dr Parowan, UT Brand new, beautifully upgraded home in Heritage Hills! This open-concept floorplan featur...	3 beds \| 2 baths \| 2,800 sq.ft.	$674,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 2.88% Airbnb Rental Income: $2322 Traditional Rental Income: $2613 Airbnb ROI: 1.5% Traditional ROI: 2.88%
390 N 200 W Parowan, UT Gorgeous 3000 sq ft home situated on a spacious .45 acre corner lot. This home features be...	5 beds \| 3 baths \| 3,000 sq.ft.	$570,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.46% Airbnb Rental Income: $1026 Traditional Rental Income: $3279 Airbnb ROI: -0.45% Traditional ROI: 4.46%
968 S 1650 W Parowan, UT Nestled in the serene beauty of Parowan and just moments from majestic mountains, this exq...	5 beds \| 4 baths \| 3,348 sq.ft.	$687,950	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.04% Airbnb Rental Income: $1026 Traditional Rental Income: $3729 Airbnb ROI: -0.73% Traditional ROI: 4.04%
30 N 100 W Parowan, UT Brand-new 3 bed, 2 bath manufactured home in the heart of historic Parowan. Built with 2x6...	3 beds \| 2 baths \| 1,152 sq.ft.	$325,000	Airbnb cash on cash: 3.78% Traditional cash on cash: 4.44% Airbnb Rental Income: $2322 Traditional Rental Income: $1946 Airbnb ROI: 3.78% Traditional ROI: 4.44%
390 E 300 S #3A Parowan, UT Charming 2-bedroom, 2-bath main level condo in the desirable Shingle Brook Condominiums of...	2 beds \| 2 baths \| 910 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $1531 Airbnb ROI: N/A Traditional ROI: 5.12%
390 E 300 S unit: #3A #3A Parowan, UT Charming 2-bedroom, 2-bath main level condo in the desirable Shingle Brook Condominiums of...	2 beds \| 2 baths \| 910 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1559 Airbnb ROI: N/A Traditional ROI: 6.95%
275 E 200 unit: #C3 #C3 Parowan, UT Easy Living! Escape to the rural charm of Parowan, Utah in this 2 bedroom 2 bathroom condo...	2 beds \| 2 baths \| 1,274 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $1643 Airbnb ROI: N/A Traditional ROI: 6.2%
267 N 300 W Parowan, UT Discover the potential in this charming 1983 Parowan home, full of its original character....	3 beds \| 1 baths \| 2,186 sq.ft.	$440,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 3.05% Airbnb Rental Income: $2322 Traditional Rental Income: $1843 Airbnb ROI: 2.82% Traditional ROI: 3.05%
3505 W Allard Ranch Dr Parowan, UT Experience the perfect blend of comfort, style, & serene country living on this beautiful ...	3 beds \| 2 baths \| 3,556 sq.ft.	$649,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 2.39% Airbnb Rental Income: $2322 Traditional Rental Income: $2223 Airbnb ROI: 1.6% Traditional ROI: 2.39%
180 S 300 E unit: #E2 #E2 Parowan, UT This first floor, turn-key condo in Parowan features 2 bedrooms, 2 bathrooms, and a spacio...	2 beds \| 2 baths \| 1,034 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $1580 Airbnb ROI: N/A Traditional ROI: 7.23%
438 W 400 Res N Parowan, UT If you are looking for peace, quiet and a place for your horses - you found it. This charm...	5 beds \| 2 baths \| 2,220 sq.ft.	$429,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.08% Airbnb Rental Income: $1026 Traditional Rental Income: $2695 Airbnb ROI: 0.04% Traditional ROI: 5.08%
2213 W 475 S Parowan, UT This beautiful home offers the perfect blend of comfort, style & convenience. Boasting wit...	3 beds \| 2 baths \| 1,290 sq.ft.	$322,007	Airbnb cash on cash: 3.83% Traditional cash on cash: 4.22% Airbnb Rental Income: $2322 Traditional Rental Income: $1863 Airbnb ROI: 3.83% Traditional ROI: 4.22%

Real Estate investment in Parowan, UT

There are 37 properties for sale in the city of Parowan . The median list price in Parowan is $394,000 and the average price per square foot is $2. In January 2026, the average monthly cash on cash return in Parowan is 3.00%. The average monthly rental income in Parowan is $1,642.

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

There are 37 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 $1,026.

Your search for investment property begins and ends here

Investment Property for Sale in Parowan, UT

1112 W 275 S

Parowan, UT

3 beds | 2 baths | 1,836 sq.ft.

$549,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $2322

Traditional Rental Income: $2448

Airbnb ROI: 2.11%

Traditional ROI: 3.48%

275 E 200 S unit: C3 #C3

Parowan, UT

2 beds | 2 baths | 1,274 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1867

Airbnb ROI: N/A

Traditional ROI: 6.95%

273 S 700 W

Parowan, UT

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

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.11%

Airbnb Rental Income: $null

Traditional Rental Income: $2506

Airbnb ROI: N/A

Traditional ROI: 5.11%

2246 W 450 S

Parowan, UT

3 beds | 2 baths | 1,315 sq.ft.

$359,777

Airbnb cash on cash: 3.31%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2322

Traditional Rental Income: $2055

Airbnb ROI: 3.31%

Traditional ROI: 4.23%

114 N 850 W

Parowan, UT

5 beds | 3 baths | 3,060 sq.ft.

$480,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1026

Traditional Rental Income: $3270

Airbnb ROI: -0.35%

Traditional ROI: 5.45%

65 E 300 S St

Parowan, UT

4 beds | 4 baths | 3,551 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.25%

Airbnb Rental Income: $null

Traditional Rental Income: $3620

Airbnb ROI: N/A

Traditional ROI: 5.25%

680 S Heritage Hills Dr

Parowan, UT

3 beds | 2 baths | 2,800 sq.ft.

$674,900

Airbnb cash on cash: 1.5%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $2322

Traditional Rental Income: $2613

Airbnb ROI: 1.5%

Traditional ROI: 2.88%

390 N 200 W

Parowan, UT

5 beds | 3 baths | 3,000 sq.ft.

$570,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $1026

Traditional Rental Income: $3279

Airbnb ROI: -0.45%