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
7327 South St Phelan, CA You wanted room, YOU GOT IT!!! This property offers a Manufactured home with over 1,500 sq...	3 beds \| 2 baths \| 1,512 sq.ft.	$450,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.65% Airbnb Rental Income: $953 Traditional Rental Income: $2729 Airbnb ROI: -0.39% Traditional ROI: 4.65%
14530 Nautical Lane #17 Phelan, CA Welcome to 14530 Nautical Lane #17, located in the highly desirable Silver Lakes community...	3 beds \| 2 baths \| 1,663 sq.ft.	$248,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 8.95% Airbnb Rental Income: $953 Traditional Rental Income: $2906 Airbnb ROI: -0.87% Traditional ROI: 8.95%
101 Phelan Rd Phelan, CA 101 Phelan Rd, Phelan, CA 92344 \| Other	N/A beds \| N/A baths \| N/A	$1,000,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -0.54% Airbnb Rental Income: $551 Traditional Rental Income: $1225 Airbnb ROI: -1.56% Traditional ROI: -0.54%
12865 Barbet Road Phelan, CA Desert Living with Room to Grow â Priced to Sell! ?? Welcome to 12865 Barbet Rd, Phelan,...	3 beds \| 2 baths \| 1,927 sq.ft.	$449,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.36% Airbnb Rental Income: $953 Traditional Rental Income: $3085 Airbnb ROI: -0.54% Traditional ROI: 5.36%
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: -0.43% Traditional cash on cash: 3.61% Airbnb Rental Income: $921 Traditional Rental Income: $2541 Airbnb ROI: -0.43% Traditional ROI: 3.61%
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: -0.89% Traditional cash on cash: 3.4% Airbnb Rental Income: $921 Traditional Rental Income: $2978 Airbnb ROI: -0.89% Traditional ROI: 3.4%
6677 Maricopa Rd Phelan, CA TWO HOUSES ON ONE LOT!!! Main house is 2,180 sqft ranch style with 3 bedrooms, two of whic...	3 beds \| 2 baths \| N/A	$445,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.39% Airbnb Rental Income: $953 Traditional Rental Income: $2141 Airbnb ROI: -0.29% Traditional ROI: 3.39%
14460 Nevada Phelan, CA Samantha Potstada - 925-640-4455 - This desert oasis is perfect for active families. Locat...	4 beds \| 2 baths \| 1,760 sq.ft.	$380,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 7.22% Airbnb Rental Income: $921 Traditional Rental Income: $3360 Airbnb ROI: -0.58% Traditional ROI: 7.22%
8855 Smith Road Phelan, CA *Welcome To Phelan* This Spacious Home Comes With Spectacular Views Of The Mountains, ...	3 beds \| 2 baths \| 2,269 sq.ft.	$499,500	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.27% Airbnb Rental Income: $953 Traditional Rental Income: $2785 Airbnb ROI: -0.4% Traditional ROI: 4.27%
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.	$710,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 5.03% Airbnb Rental Income: $921 Traditional Rental Income: $4486 Airbnb ROI: -0.87% Traditional ROI: 5.03%
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: -0.32% Traditional cash on cash: 3.74% Airbnb Rental Income: $921 Traditional Rental Income: $3239 Airbnb ROI: -0.32% Traditional ROI: 3.74%
9572 Smith Rd 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.	$285,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 8.13% Airbnb Rental Income: $953 Traditional Rental Income: $2681 Airbnb ROI: 0.39% Traditional ROI: 8.13%
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: -0.21% Traditional cash on cash: 4.13% Airbnb Rental Income: $953 Traditional Rental Income: $2874 Airbnb ROI: -0.21% Traditional ROI: 4.13%
4232 Coyote Rd Phelan, CA 2 Homes on 1 Lot! Don't miss out on this Spacious 2.5-acre property featuring two separate...	5 beds \| 4 baths \| 1,152 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $2816 Airbnb ROI: N/A Traditional ROI: 6.91%
6450 Maricopa Rd Phelan, CA All contracts and offers are subject to final review and approval by seller. ** Contracts ...	3 beds \| 2 baths \| 1,344 sq.ft.	$387,800	Airbnb cash on cash: 0.2% Traditional cash on cash: 6.1% Airbnb Rental Income: $953 Traditional Rental Income: $2752 Airbnb ROI: 0.2% Traditional ROI: 6.1%
11676-11676 Acanthus Phelan, CA Welcome to 11676 Acanthus St. in Phelan! This well-cared-for manufactured home on a perma...	3 beds \| 2 baths \| 1,164 sq.ft.	$359,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.73% Airbnb Rental Income: $953 Traditional Rental Income: $2691 Airbnb ROI: -0.46% Traditional ROI: 5.73%
4734 Luna A & B Phelan, CA Ideal for Multi-Generational Living or Investment Opportunity! Discover this rare find in...	5 beds \| 3 baths \| 1,976 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $3437 Airbnb ROI: N/A Traditional ROI: 9.03%
5430 Luna Rd Phelan, CA Brand New 2025 Construction! Welcome home to this beautifully designed 4 bedroom, 2 bathro...	4 beds \| 3 baths \| 1,493 sq.ft.	$397,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 6.73% Airbnb Rental Income: $921 Traditional Rental Income: $3252 Airbnb ROI: -0.45% Traditional ROI: 6.73%
8630 Sahara Phelan, CA Excellent Home, Views of Valley & Mountains, Views of City Lights at Night, Must See, Mast...	4 beds \| 2 baths \| 2,100 sq.ft.	$624,990	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.9% Airbnb Rental Income: $921 Traditional Rental Income: $3394 Airbnb ROI: -0.92% Traditional ROI: 3.9%
10601 Anderson Ranch Rd Phelan, CA This is your CHANCE to own this amazing home sitting on a generous 5 Acre flat lot in Phel...	2 beds \| 2 baths \| 1,421 sq.ft.	$485,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.75% Airbnb Rental Income: $810 Traditional Rental Income: $2897 Airbnb ROI: -0.56% Traditional ROI: 4.75%
5877 Goss Road Phelan, CA Welcome home to this charming 3-bedroom, 2-bath residence nestled on a peaceful country ro...	3 beds \| 2 baths \| 1,806 sq.ft.	$539,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.81% Airbnb Rental Income: $953 Traditional Rental Income: $2961 Airbnb ROI: -0.86% Traditional ROI: 3.81%
10831 Monte Vista Phelan, CA Escape the traffic, the crowds, and the chaos â and come find peace at this beautiful pr...	3 beds \| 2 baths \| 1,176 sq.ft.	$465,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.53% Airbnb Rental Income: $953 Traditional Rental Income: $2676 Airbnb ROI: -0.23% Traditional ROI: 4.53%
3818 Sunnyslope Road Phelan, CA Inviting rural retreat, nestled in the heart of Phelan and offering peaceful country livin...	3 beds \| 2 baths \| 1,176 sq.ft.	$420,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 5.16% Airbnb Rental Income: $953 Traditional Rental Income: $2682 Airbnb ROI: -0.11% Traditional ROI: 5.16%
8325 Johnson Road Phelan, CA MAJOR PRICE REDUCTION! Experience the extraordinary in this breathtaking ranch-style sanc...	3 beds \| 2 baths \| 2,218 sq.ft.	$534,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.95% Airbnb Rental Income: $953 Traditional Rental Income: $3259 Airbnb ROI: -0.36% Traditional ROI: 4.95%
13358 Buttonwood St Phelan, CA Brand New 2025 build! This beautifully crafted 4-bedroom, 3-bath home offers approximately...	4 beds \| 2 baths \| 1,760 sq.ft.	$397,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 7.17% Airbnb Rental Income: $921 Traditional Rental Income: $3184 Airbnb ROI: 0.17% Traditional ROI: 7.17%
12076 Lager Rd Phelan, CA Welcome to 12076 Lager Road, Phelan, CA 92371, a brand-new 2025 home offering the perfect ...	4 beds \| 2 baths \| 1,760 sq.ft.	$425,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 6.01% Airbnb Rental Income: $921 Traditional Rental Income: $3184 Airbnb ROI: -0.53% Traditional ROI: 6.01%
12012 Lager Rd Phelan, CA Welcome to 12012 Lager Road, Phelan, CA 92371, a brand-new 2025 home offering the perfect ...	4 beds \| 2 baths \| 1,493 sq.ft.	$397,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 6.69% Airbnb Rental Income: $921 Traditional Rental Income: $3235 Airbnb ROI: -0.45% Traditional ROI: 6.69%
4265 Camellia Phelan, CA Welcome to this Beautifully Maintained, 4 bedroom 2 bathroom home. This very well thought ...	4 beds \| 2 baths \| 1,808 sq.ft.	$445,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.62% Airbnb Rental Income: $921 Traditional Rental Income: $3091 Airbnb ROI: -0.41% Traditional ROI: 5.62%
11788 Buckwheat Phelan, CA Modern new construction home in Phelan, CA on approximately 1.9 acres with panoramic mount...	4 beds \| 2 baths \| 1,775 sq.ft.	$525,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.8% Airbnb Rental Income: $921 Traditional Rental Income: $3011 Airbnb ROI: -0.15% Traditional ROI: 4.8%
4679 Gorgonio Phelan, CA Exquisite estate style home located in Phelan. Property features open floor plan with 4 be...	4 beds \| 2 baths \| 2,391 sq.ft.	$580,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 3.95% Airbnb Rental Income: $921 Traditional Rental Income: $3243 Airbnb ROI: -0.97% Traditional ROI: 3.95%
6833 South Phelan, CA Opportunity Awaits on 2.21 Acres! This ranch-style home is ready for someone with vision t...	3 beds \| 2 baths \| 1,440 sq.ft.	$339,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 6.15% Airbnb Rental Income: $953 Traditional Rental Income: $2840 Airbnb ROI: -0.86% Traditional ROI: 6.15%
4237 Del Rosa Rd Phelan, CA New 2025 Skyline Home on 2 Acres! Perfect blend of modern design and country charm in this...	3 beds \| 2 baths \| 1,404 sq.ft.	$392,500	Airbnb cash on cash: 0.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $953 Traditional Rental Income: $2849 Airbnb ROI: 0.28% Traditional ROI: 6.37%
11579 Amarillo Rd Phelan, CA 11579 Amarillo Rd, Phelan, CA 92371 \| Manufactured Home	4 beds \| 2 baths \| 1,716 sq.ft.	$410,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.34% Airbnb Rental Income: $921 Traditional Rental Income: $2818 Airbnb ROI: -0.49% Traditional ROI: 5.34%
12275 Barbet Phelan, CA 12275 Barbet Rd, Phelan CA â Newly Built, One of the First Homes on a Quiet Street Welc...	4 beds \| 2 baths \| 2,051 sq.ft.	$499,999	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.44% Airbnb Rental Income: $921 Traditional Rental Income: $3075 Airbnb ROI: -0.9% Traditional ROI: 4.44%
12483 Buckwheat Phelan, CA Nice Manufactured Home, 1904 Square Feet, Nice Kitchen, Block Foundation, Master Bedroom L...	4 beds \| 2 baths \| 1,904 sq.ft.	$449,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 5.49% Airbnb Rental Income: $921 Traditional Rental Income: $3212 Airbnb ROI: -0.76% Traditional ROI: 5.49%
8225 Ailanthus Phelan, CA ASK ME ABOUT ZERO DOWN PAYMENT OPTION!! USDA FINANCING AVAILABLE. Imagine stepping out to ...	3 beds \| 2 baths \| 2,185 sq.ft.	$510,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 3.86% Airbnb Rental Income: $953 Traditional Rental Income: $2978 Airbnb ROI: -1.12% Traditional ROI: 3.86%
12008 Sierra Vista 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.	$529,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 3.73% Airbnb Rental Income: $921 Traditional Rental Income: $2998 Airbnb ROI: -1.16% Traditional ROI: 3.73%
5480 Sunnyslope Rd Phelan, CA You need to getaway !? How about Two Homes in One Lot ! surrounding mountain Views and pl...	5 beds \| 2 baths \| 2,939 sq.ft.	$674,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $5490 Airbnb ROI: N/A Traditional ROI: 6.51%
8450 HWY 138 Phelan, CA 8450 HWY 138, Phelan, CA 92371 \| Other	N/A beds \| N/A baths \| N/A	$798,600	Airbnb cash on cash: -1.52% Traditional cash on cash: -0.28% Airbnb Rental Income: $551 Traditional Rental Income: $1188 Airbnb ROI: -1.52% Traditional ROI: -0.28%
3123 Coyote Rd Phelan, CA 3123 Coyote Rd, Phelan, CA 92371 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.17% Airbnb Rental Income: $551 Traditional Rental Income: $1188 Airbnb ROI: -1.28% Traditional ROI: 1.17%

Real Estate investment in Phelan, CA

There are 202 properties for sale in the city of Phelan . The median list price in Phelan is $199,999 and the average price per square foot is $119. In March 2026, the average monthly cash on cash return in Phelan is 6.00%. The average monthly rental income in Phelan is $1,233.

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

There are 202 investment properties available for sale in Phelan.

In 2026, 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 $551.

Your search for investment property begins and ends here

Investment Property for Sale in Phelan, CA

7327 South St

Phelan, CA

3 beds | 2 baths | 1,512 sq.ft.

$450,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $953

Traditional Rental Income: $2729

Airbnb ROI: -0.39%

Traditional ROI: 4.65%

14530 Nautical Lane #17

Phelan, CA

3 beds | 2 baths | 1,663 sq.ft.

$248,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $953

Traditional Rental Income: $2906

Airbnb ROI: -0.87%

Traditional ROI: 8.95%

101 Phelan Rd

Phelan, CA

N/A beds | N/A baths | N/A

$1,000,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -0.54%

Airbnb Rental Income: $551

Traditional Rental Income: $1225

Airbnb ROI: -1.56%

Traditional ROI: -0.54%

12865 Barbet Road

Phelan, CA

3 beds | 2 baths | 1,927 sq.ft.

$449,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $953

Traditional Rental Income: $3085

Airbnb ROI: -0.54%

Traditional ROI: 5.36%

7755 7th Street

Phelan, CA

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

$520,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $921

Traditional Rental Income: $2541

Airbnb ROI: -0.43%

Traditional ROI: 3.61%

4931 Del Rosa Road

Phelan, CA

4 beds | 2 baths | 2,342 sq.ft.

$600,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $921

Traditional Rental Income: $2978

Airbnb ROI: -0.89%

Traditional ROI: 3.4%

6677 Maricopa Rd

Phelan, CA

3 beds | 2 baths | N/A

$445,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $953

Traditional Rental Income: $2141

Airbnb ROI: -0.29%

Traditional ROI: 3.39%

14460 Nevada

Phelan, CA

4 beds | 2 baths | 1,760 sq.ft.

$380,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $921

Traditional Rental Income: $3360

Airbnb ROI: -0.58%