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
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: 0.4% Traditional cash on cash: 7.02% Airbnb Rental Income: $953 Traditional Rental Income: $2649 Airbnb ROI: 0.4% 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.	$445,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 6.01% Airbnb Rental Income: $953 Traditional Rental Income: $3447 Airbnb ROI: -0.81% Traditional ROI: 6.01%
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%
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: -0.7% Traditional cash on cash: 3.2% Airbnb Rental Income: $953 Traditional Rental Income: $2556 Airbnb ROI: -0.7% Traditional ROI: 3.2%
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: -1.53% Traditional cash on cash: 3.72% Airbnb Rental Income: $921 Traditional Rental Income: $3417 Airbnb ROI: -1.53% 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: -0.1% Traditional cash on cash: 7.84% Airbnb Rental Income: $921 Traditional Rental Income: $3559 Airbnb ROI: -0.1% Traditional ROI: 7.84%
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%
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: -0.27% Traditional cash on cash: 6.2% Airbnb Rental Income: $953 Traditional Rental Income: $3329 Airbnb ROI: -0.27% Traditional ROI: 6.2%
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%
10375 Lilac Phelan, CA Welcome to beautiful Oak Hills, amazing property located in this highly desirable area! Pr...	3 beds \| 2 baths \| 1,392 sq.ft.	$479,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.9% Airbnb Rental Income: $1044 Traditional Rental Income: $2926 Airbnb ROI: -0.1% Traditional ROI: 4.9%
10575 Tumbleweed Phelan, CA This beautifully renovated home features full new interior and exterior paint that gives i...	4 beds \| 2 baths \| 2,260 sq.ft.	$549,990	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.74% Airbnb Rental Income: $921 Traditional Rental Income: $3121 Airbnb ROI: -1.21% Traditional ROI: 3.74%
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.	$624,900	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.61% Airbnb Rental Income: $921 Traditional Rental Income: $3393 Airbnb ROI: -1.21% Traditional ROI: 3.61%
6720 Mono Road Phelan, CA Spacious horse property spanning over 2 acres, the property is fully fenced and cross-fenc...	4 beds \| 2 baths \| 1,852 sq.ft.	$475,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.94% Airbnb Rental Income: $921 Traditional Rental Income: $2926 Airbnb ROI: -0.35% Traditional ROI: 4.94%
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: 5.97% Traditional cash on cash: 4.8% Airbnb Rental Income: $4527 Traditional Rental Income: $3011 Airbnb ROI: 5.97% 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%
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%
1595 La Mesa Rd Phelan, CA 1595 La Mesa Rd, Phelan, CA 92372 \| Other	N/A beds \| N/A baths \| N/A	$84,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 11.54% Airbnb Rental Income: $551 Traditional Rental Income: $1188 Airbnb ROI: 0.4% Traditional ROI: 11.54%
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%
10088 Beekley Phelan, CA Fully updated just five years ago, this move-in-ready home features a brand-new roof, new ...	3 beds \| 2 baths \| 1,792 sq.ft.	$459,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.82% Airbnb Rental Income: $953 Traditional Rental Income: $2916 Airbnb ROI: -0.56% Traditional ROI: 4.82%
12543 Buckwheat Phelan, CA 12543 Buckwheat, Phelan, CA 92371 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 6.71% Airbnb Rental Income: $551 Traditional Rental Income: $1191 Airbnb ROI: -0.39% Traditional ROI: 6.71%
2425 Tokay Phelan, CA Beautiful, large, and newly renovated! This enormous 4 bedroom (+ bonus) 3 bath home offe...	4 beds \| 3 baths \| 3,026 sq.ft.	$624,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.56% Airbnb Rental Income: $921 Traditional Rental Income: $3776 Airbnb ROI: -0.92% Traditional ROI: 4.56%

Real Estate investment in Phelan, CA

There are 39 properties for sale in the city of Phelan . The median list price in Phelan is $520,000 and the average price per square foot is $259. In February 2026, the average monthly cash on cash return in Phelan is 5.00%. The average monthly rental income in Phelan is $3,106.

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

There are 39 investment properties available for sale in Phelan.

In 2026, the best neighborhood to buy investment property is Phelan.

The ROI for Long-Term is higher than the Short-Term in Phelan with average rental income of $3,106.

Your search for investment property begins and ends here

Investment Property for Sale in Phelan, CA

11524 Paramount Road

Phelan, CA

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

$328,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $953

Traditional Rental Income: $2649

Airbnb ROI: 0.4%

Traditional ROI: 7.02%

6591 Sundown Drive

Phelan, CA

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

$445,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $953

Traditional Rental Income: $3447

Airbnb ROI: -0.81%

Traditional ROI: 6.01%

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%

6895 Coyote Rd

Phelan, CA

3 beds | 2 baths | 2,000 sq.ft.

$535,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $953

Traditional Rental Income: $2556

Airbnb ROI: -0.7%

Traditional ROI: 3.2%

10626 Beaver Avenue

Phelan, CA

4 beds | 2 baths | 2,879 sq.ft.

$579,000

Airbnb cash on cash: -1.53%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $921

Traditional Rental Income: $3417

Airbnb ROI: -1.53%

Traditional ROI: 3.72%

8760 Del Rosa Road

Phelan, CA

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

$400,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $921

Traditional Rental Income: $3559

Airbnb ROI: -0.1%

Traditional ROI: 7.84%

6610 Rancho Road

Phelan, CA

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%

10675 Paramount Rd

Phelan, CA

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

$450,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $953

Traditional Rental Income: $3329

Airbnb ROI: -0.27%