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 Cyn DR Parowan, UT Cozy Turn-Key Cabin Near Brian Head Ski Resort - Ready for Adventure & Income! Escape t...	3 beds \| 2 baths \| 1,664 sq.ft.	$599,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.05% Airbnb Rental Income: $1204 Traditional Rental Income: $2122 Airbnb ROI: -0.28% Traditional ROI: 2.05%
1741 S RED CANYON Parowan, UT Cozy Turn-Key Cabin Near Brian Head Ski Resort! Ready for Adventure & Income! Escape to y...	3 beds \| 2 baths \| 1,664 sq.ft.	$599,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.11% Airbnb Rental Income: $1204 Traditional Rental Income: $2138 Airbnb ROI: -0.25% Traditional ROI: 2.11%
47 W 400 S Parowan, UT Remarkably open floor plans with large rooms and great views. Very private location just s...	3 beds \| N/A baths \| 3,173 sq.ft.	$685,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.19% Airbnb Rental Income: $1204 Traditional Rental Income: $2533 Airbnb ROI: -0.5% Traditional ROI: 2.19%
320 S 1125 W Parowan, UT Perfect balanced of Elegance & Traditional Style. Impressive entry with/ Office den has do...	5 beds \| 3 baths \| 3,730 sq.ft.	$692,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 4.11% Airbnb Rental Income: $2755 Traditional Rental Income: $3638 Airbnb ROI: 1.73% Traditional ROI: 4.11%
60 S 100 W Parowan, UT This charming, remodeled 2-bed, 2-bath home in historic Parowan offers turn-of-the-century...	2 beds \| 2 baths \| 1,340 sq.ft.	$425,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.45% Airbnb Rental Income: $1081 Traditional Rental Income: $1968 Airbnb ROI: 0.3% Traditional ROI: 3.45%
275 E 200 S 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.	$219,500	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.94% Airbnb Rental Income: $1081 Traditional Rental Income: $1790 Airbnb ROI: 0.75% Traditional ROI: 5.94%
275 E 200 S #C3 Parowan, UT Easy Living! Escape to the rural charm of Parowan, Utah in this 2 bedroom 2 bathroom cond...	2 beds \| 2 baths \| 1,274 sq.ft.	$219,500	Airbnb cash on cash: 1.06% Traditional cash on cash: 6.61% Airbnb Rental Income: $1081 Traditional Rental Income: $1867 Airbnb ROI: 1.06% Traditional ROI: 6.61%
273 S 700 W Parowan, UT Welcome to the charming ranch-style home in the heart of parowan. This 4 bedroom 2 bathro...	4 beds \| 2 baths \| 1,976 sq.ft.	$399,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.11% Airbnb Rental Income: $1248 Traditional Rental Income: $2506 Airbnb ROI: 0.69% 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.	$369,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.02% Airbnb Rental Income: $1204 Traditional Rental Income: $2055 Airbnb ROI: 0.45% Traditional ROI: 4.02%
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.	$495,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.54% Airbnb Rental Income: $2755 Traditional Rental Income: $3270 Airbnb ROI: 3.03% Traditional ROI: 5.54%
219 N 300 E Parowan, UT Two-Bedroom Cottage on a Spacious Corner Lot - Needs TLC! Looking for a property with endl...	2 beds \| 1 baths \| 946 sq.ft.	$195,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 6.08% Airbnb Rental Income: $1081 Traditional Rental Income: $1503 Airbnb ROI: 1.81% Traditional ROI: 6.08%
82 W Pioneer Ave Parowan, UT This charming all-brick cottage is located in the heart of Parowan, Utah. The home offers ...	1 beds \| 1 baths \| 698 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $1130 Airbnb ROI: N/A Traditional ROI: 3.23%
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.	$549,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.51% Airbnb Rental Income: $1248 Traditional Rental Income: $3620 Airbnb ROI: 0.12% Traditional ROI: 5.51%
49 N Main Parowan, UT Charming Pioneer-Era Home in the Heart of Parowan's Historic District. Step into history w...	3 beds \| 2 baths \| 1,645 sq.ft.	$325,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.65% Airbnb Rental Income: $1204 Traditional Rental Income: $2254 Airbnb ROI: 0.94% Traditional ROI: 5.65%
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.	$694,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.77% Airbnb Rental Income: $1204 Traditional Rental Income: $2613 Airbnb ROI: -0.01% Traditional ROI: 2.77%
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: 2.26% Traditional cash on cash: 4.46% Airbnb Rental Income: $2755 Traditional Rental Income: $3279 Airbnb ROI: 2.26% 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: 1.51% Traditional cash on cash: 4.04% Airbnb Rental Income: $2755 Traditional Rental Income: $3729 Airbnb ROI: 1.51% Traditional ROI: 4.04%
438 W 400 N Parowan, UT If you are looking for peace, quiet and a place for your horses - you've found it! This ch...	5 beds \| N/A baths \| 2,220 sq.ft.	$449,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 3.94% Airbnb Rental Income: $2755 Traditional Rental Income: $2330 Airbnb ROI: 3.41% Traditional ROI: 3.94%
30 N 100 E Parowan, UT Brand new 3 bed, 2 bath home in the heart of historic Parowan. Thoughtfully designed with ...	3 beds \| 2 baths \| 1,152 sq.ft.	$340,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.17% Airbnb Rental Income: $1204 Traditional Rental Income: $1946 Airbnb ROI: 0.63% Traditional ROI: 4.17%

Real Estate investment in Parowan, UT

There are 19 properties for sale in the city of Parowan . The median list price in Parowan is $449,900 and the average price per square foot is $215. In October 2025, the average monthly cash on cash return in Parowan is 4.00%. The average monthly rental income in Parowan is $2,196.

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

There are 19 investment properties available for sale in Parowan.

In 2025, the best neighborhood to buy investment property is Parowan.

The ROI for Long-Term is higher than the Short-Term in Parowan with average rental income of $2,196.

Your search for investment property begins and ends here

Investment Property for Sale in Parowan, UT

1741 S Red Cyn DR

Parowan, UT

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

$599,900

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $1204

Traditional Rental Income: $2122

Airbnb ROI: -0.28%

Traditional ROI: 2.05%

1741 S RED CANYON

Parowan, UT

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

$599,900

Airbnb cash on cash: -0.25%

Traditional cash on cash: 2.11%

Airbnb Rental Income: $1204

Traditional Rental Income: $2138

Airbnb ROI: -0.25%

Traditional ROI: 2.11%

47 W 400 S

Parowan, UT

3 beds | N/A baths | 3,173 sq.ft.

$685,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1204

Traditional Rental Income: $2533

Airbnb ROI: -0.5%

Traditional ROI: 2.19%

320 S 1125 W

Parowan, UT

5 beds | 3 baths | 3,730 sq.ft.

$692,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $2755

Traditional Rental Income: $3638

Airbnb ROI: 1.73%

Traditional ROI: 4.11%

60 S 100 W

Parowan, UT

2 beds | 2 baths | 1,340 sq.ft.

$425,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1081

Traditional Rental Income: $1968

Airbnb ROI: 0.3%

Traditional ROI: 3.45%

275 E 200 S

Parowan, UT

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

$219,500

Airbnb cash on cash: 0.75%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $1081

Traditional Rental Income: $1790

Airbnb ROI: 0.75%

Traditional ROI: 5.94%

275 E 200 S #C3

Parowan, UT

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

$219,500

Airbnb cash on cash: 1.06%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1081

Traditional Rental Income: $1867

Airbnb ROI: 1.06%

Traditional ROI: 6.61%

273 S 700 W

Parowan, UT

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

$399,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $1248

Traditional Rental Income: $2506

Airbnb ROI: 0.69%