Real Estate Investment Properties for Sale in Phelan, CA

Looking for investment property in Phelan, CA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7330 Smoke Tree Road Phelan, CA Welcome to 7330 Smoke Tree Rd in Phelan â a beautifully maintained, turn-key home on a s...	4 beds \| 3 baths \| 2,699 sq.ft.	$625,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 4.1% Airbnb Rental Income: $1113 Traditional Rental Income: $3509 Airbnb ROI: -0.65% Traditional ROI: 4.1%
6833 South Street Phelan, CA Stunningly Remodeled Ranch Home on 2.21 Acres! Welcome to this beautifully upgraded 3-b...	3 beds \| 2 baths \| 1,440 sq.ft.	$350,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 6.56% Airbnb Rental Income: $1019 Traditional Rental Income: $2826 Airbnb ROI: -0.03% Traditional ROI: 6.56%
4950 Shady Drive Phelan, CA Beautiful Newer Home on 4.4 Acres with Mountain Views â OWNER WILL CARRY! Welcome to th...	3 beds \| 2 baths \| 1,258 sq.ft.	$485,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.44% Airbnb Rental Income: $1019 Traditional Rental Income: $2802 Airbnb ROI: -0.28% Traditional ROI: 4.44%
5330 Goss Road Phelan, CA Welcome to wide-open living in the High Desert. Set on roughly 1.83 private, fully fenced ...	4 beds \| 3 baths \| 2,539 sq.ft.	$515,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.17% Airbnb Rental Income: $1113 Traditional Rental Income: $3374 Airbnb ROI: -0.3% Traditional ROI: 5.17%
7653 Phelan Road Phelan, CA Come see this home in the city of Phelan, Ranch style home with open floor plan. Current t...	4 beds \| 3 baths \| 3,135 sq.ft.	$640,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 4.9% Airbnb Rental Income: $1113 Traditional Rental Income: $4069 Airbnb ROI: -0.67% Traditional ROI: 4.9%
8225 Ailanthus Street Phelan, CA Welcome to beautiful Phelan. This 2185 sqft home has fully paid solar system. Forget payin...	3 beds \| 2 baths \| 2,185 sq.ft.	$530,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.69% Airbnb Rental Income: $1019 Traditional Rental Income: $3619 Airbnb ROI: -0.29% Traditional ROI: 5.69%
7755 7th Street Phelan, CA Modern 4-Bedroom Home on 2.5-Acre Horse Property with Equestrian Features and Mountain Vie...	4 beds \| 2 baths \| 2,009 sq.ft.	$520,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.61% Airbnb Rental Income: $1113 Traditional Rental Income: $2541 Airbnb ROI: -0.1% Traditional ROI: 3.61%
11524 Paramount Road Phelan, CA Discover the perfect blend of space, privacy, and desert charm with this incredible opport...	3 beds \| 2 baths \| 1,152 sq.ft.	$328,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 7.02% Airbnb Rental Income: $1019 Traditional Rental Income: $2649 Airbnb ROI: 0.57% Traditional ROI: 7.02%
6591 Sundown Drive Phelan, CA Welcome to this beautifully remodeled 3-bedroom, 2.5-bath home on 1.25 acres in Phelan! De...	3 beds \| 2 baths \| 1,668 sq.ft.	$435,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 6.17% Airbnb Rental Income: $1019 Traditional Rental Income: $3447 Airbnb ROI: -0.67% Traditional ROI: 6.17%
4778 Luna Rd Phelan, CA INCREDIBLE opportunity to turn this property into your dream home!! This stunning home is ...	4 beds \| 2 baths \| 1,998 sq.ft.	$549,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.7% Airbnb Rental Income: $1113 Traditional Rental Income: $3404 Airbnb ROI: -0.5% Traditional ROI: 4.7%
4931 Del Rosa Road Phelan, CA Needs TLS, Agents check MLS remarks before calling.	4 beds \| 2 baths \| 2,342 sq.ft.	$600,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.4% Airbnb Rental Income: $1113 Traditional Rental Income: $2978 Airbnb ROI: -0.6% Traditional ROI: 3.4%
8079 White Road Phelan, CA Nestled on a spacious 2.5-acre corner lot, this updated 3-bedroom, 2-bath home offers a pe...	3 beds \| 2 baths \| 1,286 sq.ft.	$439,950	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.47% Airbnb Rental Income: $1019 Traditional Rental Income: $2660 Airbnb ROI: -0.38% Traditional ROI: 4.47%
8381 White Road Phelan, CA Exceptional 5-Acre Property with Turnkey Workshop in Phelan/West Oak Hills. Welcome to thi...	4 beds \| 2 baths \| 3,608 sq.ft.	$729,500	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.67% Airbnb Rental Income: $1113 Traditional Rental Income: $3784 Airbnb ROI: -0.81% Traditional ROI: 3.67%
9235 Lindero Road Phelan, CA Beautifully remodeled 4 bed, 3 bath home on over 1 acre of usable land. Features a spaciou...	4 beds \| 3 baths \| 2,432 sq.ft.	$533,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.04% Airbnb Rental Income: $1113 Traditional Rental Income: $2484 Airbnb ROI: -0.46% Traditional ROI: 3.04%
12008 Sierra Vista Road Phelan, CA Welcome to your private retreat in Phelan! This charming 4-bedroom, 2-bath home sits on a ...	4 beds \| 2 baths \| 2,057 sq.ft.	$539,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.09% Airbnb Rental Income: $1113 Traditional Rental Income: $2457 Airbnb ROI: -0.32% Traditional ROI: 3.09%
3789 Luna Road Phelan, CA A beautiful home with 4 bedroom and 4 bath sits on a 2.2 acres with plenty of room and pri...	4 beds \| 4 baths \| 3,420 sq.ft.	$715,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.99% Airbnb Rental Income: $1113 Traditional Rental Income: $4486 Airbnb ROI: -0.64% Traditional ROI: 4.99%
6895 Coyote Rd Phelan, CA PRICED TO SELL!!! A recent appraisal (available upon request) values this property at $575...	3 beds \| 2 baths \| 2,000 sq.ft.	$535,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.2% Airbnb Rental Income: $1019 Traditional Rental Income: $2556 Airbnb ROI: -0.59% Traditional ROI: 3.2%
9322 Hollywood Court Phelan, CA Phelan offers a peaceful escape from the hustle and bustle of city life, with its vast ope...	4 beds \| 3 baths \| 2,905 sq.ft.	$579,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.2% Airbnb Rental Income: $1113 Traditional Rental Income: $3230 Airbnb ROI: -0.4% Traditional ROI: 4.2%
2425 Tokay Road Phelan, CA Price Improvement!! Unleash your creativity and transform this property into a breathtakin...	4 beds \| 3 baths \| 3,026 sq.ft.	$369,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 8.89% Airbnb Rental Income: $1113 Traditional Rental Income: $3788 Airbnb ROI: 0.11% Traditional ROI: 8.89%
10626 Beaver Avenue Phelan, CA GORGEOUS CUSTOM HOME DON'T MISS OUT ON THIS DESERT OASIS!!! 4 bed 3 bath this custom home ...	4 beds \| 2 baths \| 2,879 sq.ft.	$579,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.72% Airbnb Rental Income: $1113 Traditional Rental Income: $3417 Airbnb ROI: -1.24% Traditional ROI: 3.72%
8760 Del Rosa Road Phelan, CA Welcome to a great investment opportunity in the thriving community of Phelan, CA! This ch...	4 beds \| 2 baths \| 2,009 sq.ft.	$400,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 7.84% Airbnb Rental Income: $1113 Traditional Rental Income: $3559 Airbnb ROI: 0.32% Traditional ROI: 7.84%
14022 Valle Vista Road Phelan, CA Very Nice 3 Bedroom, 2 Bath Home with Approx. 1,516 Square Feet, Built in 1990 * This Beau...	3 beds \| 1 baths \| 1,516 sq.ft.	$409,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.53% Airbnb Rental Income: $1019 Traditional Rental Income: $2519 Airbnb ROI: -0.31% Traditional ROI: 4.53%
6610 Rancho Road Phelan, CA New Construction on 2.19 Acres â 4 Bedrooms \| 2.5 Bathrooms \| 3-Car Garage \| 2,418 Sq. F...	4 beds \| 2 baths \| 2,418 sq.ft.	$702,220	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.74% Airbnb Rental Income: $1113 Traditional Rental Income: $3239 Airbnb ROI: -0.07% Traditional ROI: 3.74%
13378 Paramount Road Phelan, CA Rare Opportunity for Equestrian Enthusiasts and Visionary Developers..... Discover an e...	3 beds \| 2 baths \| 1,252 sq.ft.	$380,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 5.6% Airbnb Rental Income: $1019 Traditional Rental Income: $2670 Airbnb ROI: -0.03% Traditional ROI: 5.6%
10675 Paramount Rd Phelan, CA Welcome to 10675 Paramount Rd, Phelan â Your Ideal Rural Retreat! Embrace the serenit...	3 beds \| 1 baths \| 1,927 sq.ft.	$450,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.2% Airbnb Rental Income: $1019 Traditional Rental Income: $3329 Airbnb ROI: -0.14% Traditional ROI: 6.2%
9570 Mescalero Road Phelan, CA Discover 9570 Mescalero Road, a brand-new construction opportunity in Phelan offering 4 sp...	4 beds \| 2 baths \| 2,007 sq.ft.	$560,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 4.34% Airbnb Rental Income: $1113 Traditional Rental Income: $3078 Airbnb ROI: -0.14% Traditional ROI: 4.34%
4428 Trumbo Court Phelan, CA Exceptional and the Phelanâs true hidden gems. Nestled in the heart of Phelanâoffering...	4 beds \| 3 baths \| 3,015 sq.ft.	$680,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.05% Airbnb Rental Income: $1113 Traditional Rental Income: $3665 Airbnb ROI: -0.56% Traditional ROI: 4.05%
9572 Smith Road Phelan, CA Phelan, Ca. 9572 Smith Road. 1.97 acres M/L, 3 Bedroom 2 full baths on Corner Lot. Clean F...	3 beds \| 2 baths \| 1,400 sq.ft.	$295,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 7.82% Airbnb Rental Income: $1019 Traditional Rental Income: $2681 Airbnb ROI: 0.55% Traditional ROI: 7.82%
8288 White Road Phelan, CA Total of 3 parcels that almost 19 acres of land. Sold "AS-IS", Cash. This is a beautiful...	3 beds \| N/A baths \| 1,056 sq.ft.	$560,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.13% Airbnb Rental Income: $1019 Traditional Rental Income: $2874 Airbnb ROI: -0.1% Traditional ROI: 4.13%
10075 Monte Vista Road Phelan, CA Escape to your own private retreat at this one-of-a-kind geodesic dome home, set on a flat...	3 beds \| 2 baths \| 1,718 sq.ft.	$360,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 7.56% Airbnb Rental Income: $1019 Traditional Rental Income: $3139 Airbnb ROI: 0.22% Traditional ROI: 7.56%
9191 White Road Phelan, CA Renovated Home with Huge Bonus Room on 4 Acres with Massive Garage/Workshop! Welcome to t...	3 beds \| 2 baths \| 2,546 sq.ft.	$699,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 3.15% Airbnb Rental Income: $1019 Traditional Rental Income: $3291 Airbnb ROI: -0.89% Traditional ROI: 3.15%
12222 Wagon Wheel Road Phelan, CA Cozy and full of charm This 2 bed, 2bath Manufactured home sits on a permanent foundatio...	2 beds \| 2 baths \| 1,056 sq.ft.	$298,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 7.33% Airbnb Rental Income: $972 Traditional Rental Income: $2585 Airbnb ROI: 0.33% Traditional ROI: 7.33%
10175 Valle Vista Rd Road Phelan, CA This 2 bedroom 1 bath home sits on 1.3 acres price to sale looking for motivated buyers to...	2 beds \| 1 baths \| 1,152 sq.ft.	$325,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 8.11% Airbnb Rental Income: $972 Traditional Rental Income: $2937 Airbnb ROI: 0.53% Traditional ROI: 8.11%

Real Estate investment in Phelan, CA

There are 80 properties for sale in the city of Phelan . The median list price in Phelan is $475,000 and the average price per square foot is $241. In December 2025, the average monthly cash on cash return in Phelan is 5.00%. The average monthly rental income in Phelan is $3,222.

Phelan, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 80 investment properties available for sale in Phelan.

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

The ROI for Short-Term is higher than the Long-Term in Phelan with average rental income of $1,113.

Your search for investment property begins and ends here

Investment Property for Sale in Phelan, CA

7330 Smoke Tree Road

Phelan, CA

4 beds | 3 baths | 2,699 sq.ft.

$625,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1113

Traditional Rental Income: $3509

Airbnb ROI: -0.65%

Traditional ROI: 4.1%

6833 South Street

Phelan, CA

3 beds | 2 baths | 1,440 sq.ft.

$350,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $1019

Traditional Rental Income: $2826

Airbnb ROI: -0.03%

Traditional ROI: 6.56%

4950 Shady Drive

Phelan, CA

3 beds | 2 baths | 1,258 sq.ft.

$485,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $1019

Traditional Rental Income: $2802

Airbnb ROI: -0.28%

Traditional ROI: 4.44%

5330 Goss Road

Phelan, CA

4 beds | 3 baths | 2,539 sq.ft.

$515,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1113

Traditional Rental Income: $3374

Airbnb ROI: -0.3%

Traditional ROI: 5.17%

7653 Phelan Road

Phelan, CA

4 beds | 3 baths | 3,135 sq.ft.

$640,000

Airbnb cash on cash: -0.67%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1113

Traditional Rental Income: $4069

Airbnb ROI: -0.67%

Traditional ROI: 4.9%

8225 Ailanthus Street

Phelan, CA

3 beds | 2 baths | 2,185 sq.ft.

$530,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1019

Traditional Rental Income: $3619

Airbnb ROI: -0.29%

Traditional ROI: 5.69%

7755 7th Street

Phelan, CA

4 beds | 2 baths | 2,009 sq.ft.

$520,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1113

Traditional Rental Income: $2541

Airbnb ROI: -0.1%

Traditional ROI: 3.61%

11524 Paramount Road

Phelan, CA

3 beds | 2 baths | 1,152 sq.ft.

$328,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $1019

Traditional Rental Income: $2649

Airbnb ROI: 0.57%