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

separator

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: -0.92% Traditional cash on cash: 4.1% Airbnb Rental Income: $921 Traditional Rental Income: $3509 Airbnb ROI: -0.92% Traditional ROI: 4.1%
10325 Sheep Creek Road Phelan, CA Welcome to your dream ranch home! Nestled in the peaceful and scenic city of Phelan, this ...	4 beds \| 2 baths \| 2,187 sq.ft.	$549,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 4.76% Airbnb Rental Income: $921 Traditional Rental Income: $3286 Airbnb ROI: -0.51% Traditional ROI: 4.76%
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%
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: -0.81% Traditional cash on cash: 6.17% Airbnb Rental Income: $953 Traditional Rental Income: $3447 Airbnb ROI: -0.81% Traditional ROI: 6.17%
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%
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.	$549,500	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.79% Airbnb Rental Income: $953 Traditional Rental Income: $2785 Airbnb ROI: -0.45% Traditional ROI: 3.79%
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%
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: -0.7% Traditional cash on cash: 4.2% Airbnb Rental Income: $921 Traditional Rental Income: $3230 Airbnb ROI: -0.7% Traditional ROI: 4.2%
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%
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%
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: 0.06% Traditional cash on cash: 7.56% Airbnb Rental Income: $953 Traditional Rental Income: $3139 Airbnb ROI: 0.06% Traditional ROI: 7.56%
8482 Tumbleweed Road Phelan, CA FHA appraisal complete at $676,000. Stunning Home with 40â x 50â steel building with t...	4 beds \| 3 baths \| 2,775 sq.ft.	$660,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 3.77% Airbnb Rental Income: $921 Traditional Rental Income: $3665 Airbnb ROI: -1.24% Traditional ROI: 3.77%
9527 Riggins Road Phelan, CA Welcome to this spacious single-story home offering 4 bedrooms, 2.5 bathrooms, and over 2,...	4 beds \| 2 baths \| 2,194 sq.ft.	$470,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.52% Airbnb Rental Income: $921 Traditional Rental Income: $3161 Airbnb ROI: -0.35% Traditional ROI: 5.52%
12911 Corton Phelan, CA Discover the comfort and privacy of this nice 4 bedroom, 2 bath home situated on a desirab...	4 beds \| 2 baths \| 1,880 sq.ft.	$449,800	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.59% Airbnb Rental Income: $921 Traditional Rental Income: $2912 Airbnb ROI: -0.96% Traditional ROI: 4.59%
7536 Sunset Road Phelan, CA Welcome to 7536 Sunset Rd in Phelan, CA â a stunning High Desert horse property featurin...	4 beds \| 3 baths \| 2,358 sq.ft.	$579,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.54% Airbnb Rental Income: $921 Traditional Rental Income: $3648 Airbnb ROI: -1.14% Traditional ROI: 4.54%
9915 Le Panto Phelan, CA This beautiful 3-bedroom, 3-bathroom home offers the perfect blend of modern updates, ener...	3 beds \| 3 baths \| 2,342 sq.ft.	$599,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 5.19% Airbnb Rental Income: $953 Traditional Rental Income: $3977 Airbnb ROI: -0.84% Traditional ROI: 5.19%
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%
9591 Burbank Road Phelan, CA This breathtaking home is a contemporary design that combines a modern yet welcoming archi...	4 beds \| 2 baths \| 2,612 sq.ft.	$630,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 4.09% Airbnb Rental Income: $921 Traditional Rental Income: $3527 Airbnb ROI: -0.93% Traditional ROI: 4.09%
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%
8328 Chateau Phelan, CA Beautiful 4 bedroom, 3 bathroom home offering an open floorplan with 2,591+/- square feet ...	4 beds \| 3 baths \| 2,591 sq.ft.	$627,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.59% Airbnb Rental Income: $921 Traditional Rental Income: $3393 Airbnb ROI: -1.21% Traditional ROI: 3.59%
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.	$550,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.73% Airbnb Rental Income: $953 Traditional Rental Income: $2961 Airbnb ROI: -0.86% Traditional ROI: 3.73%
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%
5295 Snow Line Phelan, CA This home built in 2004 with 4 bedrooms 3 baths plus office (could be a 5th bedroom) horse...	4 beds \| 2 baths \| 2,860 sq.ft.	$629,900	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.59% Airbnb Rental Income: $921 Traditional Rental Income: $3395 Airbnb ROI: -1.2% Traditional ROI: 3.59%
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.	$425,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.09% Airbnb Rental Income: $953 Traditional Rental Income: $2682 Airbnb ROI: -0.12% Traditional ROI: 5.09%
8249 Beaver Phelan, CA Welcome to this spacious and well-equipped 4-bedroom, 3-bath home set on 1.72 acres in the...	4 beds \| 3 baths \| 2,922 sq.ft.	$689,500	Airbnb cash on cash: -1% Traditional cash on cash: 4.67% Airbnb Rental Income: $921 Traditional Rental Income: $4224 Airbnb ROI: -1% Traditional ROI: 4.67%
8325 Johnson Road Phelan, CA Experience the extraordinary in this breathtaking ranch-style sanctuary, set on 3.34 panor...	3 beds \| 2 baths \| 2,218 sq.ft.	$539,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.91% Airbnb Rental Income: $953 Traditional Rental Income: $3259 Airbnb ROI: -0.36% Traditional ROI: 4.91%
4637 Luna Road Phelan, CA Welcome to Phelan. This property has so much to offer. Close by Johnson Rd one of the main...	3 beds \| 2 baths \| 1,584 sq.ft.	$470,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 5.21% Airbnb Rental Income: $953 Traditional Rental Income: $3080 Airbnb ROI: -0.42% Traditional ROI: 5.21%
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.	$450,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.55% Airbnb Rental Income: $921 Traditional Rental Income: $3091 Airbnb ROI: -0.41% Traditional ROI: 5.55%
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%
6581 Bartlett Phelan, CA This property has it all. Privacy, amenities, good schools, convenient shopping and recrea...	4 beds \| 4 baths \| 2,865 sq.ft.	$789,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 7.35% Airbnb Rental Income: $921 Traditional Rental Income: $6932 Airbnb ROI: -1.3% Traditional ROI: 7.35%
12275 Barbet Phelan, CA Welcome to this newly built 2024 single-story home in the heart of Phelan, offering 4 bedr...	4 beds \| 2 baths \| 2,051 sq.ft.	$519,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.24% Airbnb Rental Income: $921 Traditional Rental Income: $3075 Airbnb ROI: -0.9% Traditional ROI: 4.24%
10011 Alta Mesa Phelan, CA Check out this wonderful home located on pavement, close to town, and has its very own par...	3 beds \| 2 baths \| 1,644 sq.ft.	$449,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.4% Airbnb Rental Income: $953 Traditional Rental Income: $3074 Airbnb ROI: -0.46% Traditional ROI: 5.4%
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.	$470,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.61% Airbnb Rental Income: $953 Traditional Rental Income: $2802 Airbnb ROI: -0.38% Traditional ROI: 4.61%

Real Estate investment in Phelan, CA

There are 61 properties for sale in the city of Phelan . The median list price in Phelan is $519,000 and the average price per square foot is $264. In January 2026, the average monthly cash on cash return in Phelan is 5.00%. The average monthly rental income in Phelan is $3,074.

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

There are 61 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 $921.

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: -0.92%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $921

Traditional Rental Income: $3509

Airbnb ROI: -0.92%

Traditional ROI: 4.1%

10325 Sheep Creek Road

Phelan, CA

4 beds | 2 baths | 2,187 sq.ft.

$549,900

Airbnb cash on cash: -0.51%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $921

Traditional Rental Income: $3286

Airbnb ROI: -0.51%

Traditional ROI: 4.76%

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%

6591 Sundown Drive

Phelan, CA

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

$435,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $953

Traditional Rental Income: $3447

Airbnb ROI: -0.81%

Traditional ROI: 6.17%

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%

8855 Smith Road

Phelan, CA

3 beds | 2 baths | 2,269 sq.ft.

$549,500

Airbnb cash on cash: -0.45%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $953

Traditional Rental Income: $2785

Airbnb ROI: -0.45%

Traditional ROI: 3.79%

3789 Luna Road

Phelan, CA

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%

9322 Hollywood Court

Phelan, CA

4 beds | 3 baths | 2,905 sq.ft.

$579,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $921

Traditional Rental Income: $3230

Airbnb ROI: -0.7%