Real Estate Investment Properties for Sale in Tehachapi, CA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
29600 Goldspike Road Tehachapi, CA Fabulous price improvement! Welcome to your fabulous Mountain home in the gated community...	3 beds \| 2 baths \| 2,610 sq.ft.	$559,900	Airbnb cash on cash: 6.34% Traditional cash on cash: 3.01% Airbnb Rental Income: $5670 Traditional Rental Income: $2793 Airbnb ROI: 6.34% Traditional ROI: 3.01%
110 Clearview Court Tehachapi, CA Welcome to this move-in ready family home, ideally situated on a cul-de-sac with an oversi...	4 beds \| 3 baths \| 2,160 sq.ft.	$539,900	Airbnb cash on cash: 9.67% Traditional cash on cash: 8.35% Airbnb Rental Income: $7258 Traditional Rental Income: $5193 Airbnb ROI: 9.67% Traditional ROI: 8.35%
30420 Starland Drive Tehachapi, CA Wake up to stunning mountain and valley views at Tehachapi, a beautifully renovated 3-bedr...	3 beds \| 4 baths \| 2,010 sq.ft.	$550,000	Airbnb cash on cash: 6.38% Traditional cash on cash: 2.72% Airbnb Rental Income: $5670 Traditional Rental Income: $2655 Airbnb ROI: 6.38% Traditional ROI: 2.72%
23921 Parke Court Tehachapi, CA Majestic mountain views and unforgettable sunsets set the stage for this distinctive Bear ...	3 beds \| 2 baths \| 2,586 sq.ft.	$589,900	Airbnb cash on cash: 5.95% Traditional cash on cash: 6.97% Airbnb Rental Income: $5670 Traditional Rental Income: $5096 Airbnb ROI: 5.95% Traditional ROI: 6.97%
24300 Woodbine Court Tehachapi, CA Nestled atop 12.48 private acres in gated Bear Valley Springs, this exceptional 3-bedroom,...	3 beds \| 2 baths \| 1,822 sq.ft.	$475,000	Airbnb cash on cash: 8.1% Traditional cash on cash: 6.56% Airbnb Rental Income: $5670 Traditional Rental Income: $3848 Airbnb ROI: 8.1% Traditional ROI: 6.56%
23441 El Rancho Drive Tehachapi, CA 231 acres pos split 20 acre lots has legal guest house sep elec meter	3 beds \| 2 baths \| 3,033 sq.ft.	$2,000,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 0.29% Airbnb Rental Income: $1797 Traditional Rental Income: $4093 Airbnb ROI: -1.21% Traditional ROI: 0.29%
22801 Fran Drive Tehachapi, CA Special Seller Incentive! Don't let current interest rates hold you back! Seller is offe...	3 beds \| 2 baths \| 2,500 sq.ft.	$575,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 6.5% Airbnb Rental Income: $1797 Traditional Rental Income: $4526 Airbnb ROI: 0.51% Traditional ROI: 6.5%
18551 Glenview Court Tehachapi, CA Whether you're looking for a full-time residence, a weekend getaway, or an investment oppo...	3 beds \| 2 baths \| 1,798 sq.ft.	$259,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 11.99% Airbnb Rental Income: $2289 Traditional Rental Income: $3785 Airbnb ROI: 3.54% Traditional ROI: 11.99%
28050 Black Gold Way Tehachapi, CA Hobbies, Horses and Outdoor Living! This beautifully updated Bear Valley Springs home off...	3 beds \| 1 baths \| 2,148 sq.ft.	$579,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 5% Airbnb Rental Income: $5670 Traditional Rental Income: $3951 Airbnb ROI: 6.08% Traditional ROI: 5%
25631 High Rock Court Tehachapi, CA Located in the gated community of Bear Valley Springs, this beautifully updated home sits ...	3 beds \| 2 baths \| 1,352 sq.ft.	$425,000	Airbnb cash on cash: 8.85% Traditional cash on cash: 2.56% Airbnb Rental Income: $5670 Traditional Rental Income: $2032 Airbnb ROI: 8.85% Traditional ROI: 2.56%
17820 Hambletonian Drive Tehachapi, CA Discover the peaceful charm of Stallion Springs with this inviting 2-bedroom, 1.5-bath hom...	2 beds \| 2 baths \| 1,344 sq.ft.	$349,900	Airbnb cash on cash: 0% Traditional cash on cash: 7.76% Airbnb Rental Income: $1029 Traditional Rental Income: $3221 Airbnb ROI: 0% Traditional ROI: 7.76%
29960 Caddy Lane Tehachapi, CA Welcome to this beautifully maintained 3-bedroom, 2-bath home nestled on the valley floor ...	3 beds \| 2 baths \| 1,696 sq.ft.	$415,000	Airbnb cash on cash: 9.14% Traditional cash on cash: 3.92% Airbnb Rental Income: $5670 Traditional Rental Income: $2509 Airbnb ROI: 9.14% Traditional ROI: 3.92%
26941 Stirrup Way Tehachapi, CA Your Everyday Escape!Welcome to this beautifully designed Bear Valley Springs retreat, whe...	3 beds \| 3 baths \| 2,399 sq.ft.	$489,500	Airbnb cash on cash: 7.5% Traditional cash on cash: 7.57% Airbnb Rental Income: $5670 Traditional Rental Income: $4568 Airbnb ROI: 7.5% Traditional ROI: 7.57%
511 D St Tehachapi, CA Welcome to 511 D Street, a beautifully remodeled condominium offering 3 bedrooms, 2.5 bath...	3 beds \| 2 baths \| 1,464 sq.ft.	$529,900	Airbnb cash on cash: 5.58% Traditional cash on cash: 5.27% Airbnb Rental Income: $5233 Traditional Rental Income: $4015 Airbnb ROI: 5.58% Traditional ROI: 5.27%
1007 Maggie Lane Tehachapi, CA Welcome to Trilogy at Monarch Dunes 5-Star Golf Course Resort. This beautifully maintaine...	2 beds \| 2 baths \| 1,584 sq.ft.	$999,999	Airbnb cash on cash: 2.22% Traditional cash on cash: 1.98% Airbnb Rental Income: $5096 Traditional Rental Income: $3831 Airbnb ROI: 2.22% Traditional ROI: 1.98%
29300 Elkhorn Place Tehachapi, CA Hilltop Retreat in Stallion Springs â 8.21 acres Perfect for Airbnb This stunning home...	4 beds \| 2 baths \| 3,486 sq.ft.	$550,000	Airbnb cash on cash: 9.45% Traditional cash on cash: 7.84% Airbnb Rental Income: $7258 Traditional Rental Income: $5035 Airbnb ROI: 9.45% Traditional ROI: 7.84%
28841 Delaware Drive Tehachapi, CA Welcome to this charming single-story home nestled in the peaceful community of Stallion S...	3 beds \| 2 baths \| 1,724 sq.ft.	$425,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 8.4% Airbnb Rental Income: $2289 Traditional Rental Income: $4169 Airbnb ROI: 2.25% Traditional ROI: 8.4%
28360 Burning Tree Drive Tehachapi, CA No cookie cutter home. This was built by the owner. who was a general contractor when he b...	4 beds \| 2 baths \| 2,885 sq.ft.	$599,900	Airbnb cash on cash: 8.81% Traditional cash on cash: 9.88% Airbnb Rental Income: $7258 Traditional Rental Income: $6458 Airbnb ROI: 8.81% Traditional ROI: 9.88%
30300 Piebald Court Tehachapi, CA Some homes are simply a place to live. Others are a destination. Set across more than 16 p...	4 beds \| 4 baths \| 4,118 sq.ft.	$1,150,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 3.94% Airbnb Rental Income: $7258 Traditional Rental Income: $6185 Airbnb ROI: 3.64% Traditional ROI: 3.94%
30435 Horsethief Drive Tehachapi, CA Views, Versatility & Value! Tucked away on nearly 3 private acres in the desirable communi...	3 beds \| 2 baths \| 2,905 sq.ft.	$535,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 7.61% Airbnb Rental Income: $2289 Traditional Rental Income: $4871 Airbnb ROI: 1.3% Traditional ROI: 7.61%
27300 Stirrup Way Tehachapi, CA ***Price at the cost to build and complete the property - An exceptional opportunity for b...	3 beds \| 3 baths \| 2,487 sq.ft.	$985,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 2.64% Airbnb Rental Income: $5670 Traditional Rental Income: $4308 Airbnb ROI: 2.88% Traditional ROI: 2.64%
22381 William Tell Trail Tehachapi, CA Nestled in the peaceful mountain community of Alpine Forest in Tehachapi, this beautifully...	4 beds \| 2 baths \| 1,747 sq.ft.	$459,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 4.75% Airbnb Rental Income: $5186 Traditional Rental Income: $2939 Airbnb ROI: 7.52% Traditional ROI: 4.75%
21276 White Pine #39 Tehachapi, CA Welcome to this single-story home located in the gated community of Golden Highlands. This...	3 beds \| 2 baths \| 1,360 sq.ft.	$309,900	Airbnb cash on cash: 2.01% Traditional cash on cash: 8.29% Airbnb Rental Income: $1797 Traditional Rental Income: $3140 Airbnb ROI: 2.01% Traditional ROI: 8.29%
26820 Stirrup Tehachapi, CA Tucked away on over 1.5 acres, this property offers a rare combination of privacy, natural...	3 beds \| 2 baths \| 1,846 sq.ft.	$459,000	Airbnb cash on cash: 7.63% Traditional cash on cash: 5.74% Airbnb Rental Income: $5670 Traditional Rental Income: $3723 Airbnb ROI: 7.63% Traditional ROI: 5.74%
18520 Glenview Court Tehachapi, CA Peaceful and tranquil Stallion Springs Condominium. Enter through the front door to a ligh...	2 beds \| 2 baths \| 1,885 sq.ft.	$265,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 9.84% Airbnb Rental Income: $1029 Traditional Rental Income: $3262 Airbnb ROI: -0.53% Traditional ROI: 9.84%
29570 Butterfield Tehachapi, CA Escape to your own private mountain retreat at 29570 Butterfield Rd in Tehachapi, nestled ...	3 beds \| 2 baths \| 2,326 sq.ft.	$429,900	Airbnb cash on cash: 7.99% Traditional cash on cash: 8.07% Airbnb Rental Income: $5670 Traditional Rental Income: $4568 Airbnb ROI: 7.99% Traditional ROI: 8.07%
25250 Deertrail Tehachapi, CA Perched at nearly 5,000 feet within the gated community of Bear Valley Springs, this excep...	3 beds \| 3 baths \| 3,168 sq.ft.	$799,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 4.31% Airbnb Rental Income: $5670 Traditional Rental Income: $4926 Airbnb ROI: 3.79% Traditional ROI: 4.31%
18110 Churchill Tehachapi, CA Located in the desirable community of Stallion Springs in Tehachapi, this well-maintained ...	3 beds \| 2 baths \| 1,728 sq.ft.	$434,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 6.36% Airbnb Rental Income: $2289 Traditional Rental Income: $3690 Airbnb ROI: 1.52% Traditional ROI: 6.36%
21116 Stage Dr Tehachapi, CA Experience elevated living in this exceptional custom-built new construction residence, pe...	4 beds \| 3 baths \| 2,411 sq.ft.	$674,999	Airbnb cash on cash: 5.33% Traditional cash on cash: 6.48% Airbnb Rental Income: $5186 Traditional Rental Income: $4857 Airbnb ROI: 5.33% Traditional ROI: 6.48%
20924 Brentwood Drive Tehachapi, CA Easy Living Awaits! Located in Golden Hills West, this 3BD/1.75BA home offers a functiona...	3 beds \| 1 baths \| 1,354 sq.ft.	$360,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.74% Airbnb Rental Income: $1797 Traditional Rental Income: $3344 Airbnb ROI: 1.72% Traditional ROI: 7.74%
19351 Quail Tehachapi, CA Custom built Stallion Springs home situated on a corner lot with beautiful mountain views ...	3 beds \| 2 baths \| 2,096 sq.ft.	$529,999	Airbnb cash on cash: 1.23% Traditional cash on cash: 5.96% Airbnb Rental Income: $2289 Traditional Rental Income: $4062 Airbnb ROI: 1.23% Traditional ROI: 5.96%
212 Artina Tehachapi, CA	4 beds \| 2 baths \| 2,127 sq.ft.	$560,000	Airbnb cash on cash: 9.27% Traditional cash on cash: 5.71% Airbnb Rental Income: $7258 Traditional Rental Income: $4000 Airbnb ROI: 9.27% Traditional ROI: 5.71%
29560 Butterfield Tehachapi, CA Beautiful 3 bedroom 2 bathroom home with an additional bonus room located on nearly 20 pri...	3 beds \| 2 baths \| 2,670 sq.ft.	$674,500	Airbnb cash on cash: 4.7% Traditional cash on cash: 5.31% Airbnb Rental Income: $5670 Traditional Rental Income: $4916 Airbnb ROI: 4.7% Traditional ROI: 5.31%
21009 Brentwood Tehachapi, CA Move in ready 3 bed, 2 bath home in Golden Hills featuring modern upgrades, fresh interior...	3 beds \| 2 baths \| 1,310 sq.ft.	$399,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 6.79% Airbnb Rental Income: $1797 Traditional Rental Income: $3225 Airbnb ROI: 1.67% Traditional ROI: 6.79%
25340 Deertrail Tehachapi, CA Mountain views are the backdrop to everyday life in this inviting 3 bedroom, 2 bathroom ho...	3 beds \| 2 baths \| 1,417 sq.ft.	$385,000	Airbnb cash on cash: 9.98% Traditional cash on cash: 6.66% Airbnb Rental Income: $5670 Traditional Rental Income: $3339 Airbnb ROI: 9.98% Traditional ROI: 6.66%
113 S Snyder Ave Tehachapi, CA Unique Triplex Investment Opportunity â Three Detached Homes on One Property! Rare oppo...	6 beds \| 3 baths \| 2,458 sq.ft.	$659,000	Airbnb cash on cash: 7.62% Traditional cash on cash: 7.16% Airbnb Rental Income: $7258 Traditional Rental Income: $5572 Airbnb ROI: 7.62% Traditional ROI: 7.16%
213 Cassano Tehachapi, CA BETTER THAN NEW \| APPROX. $50,000+ IN UPGRADES \| OWNED SOLAR \| BUILT 2023 \| TEHACHAPI CITY...	3 beds \| 2 baths \| 1,925 sq.ft.	$529,900	Airbnb cash on cash: 7.22% Traditional cash on cash: 5.79% Airbnb Rental Income: $5670 Traditional Rental Income: $3828 Airbnb ROI: 7.22% Traditional ROI: 5.79%
25898 Lakeside Road Tehachapi, CA This is the sanctuary you may have been looking for! Well, finally it is for sale!! You ar...	3 beds \| 1 baths \| 517 sq.ft.	$1,116,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 0.04% Airbnb Rental Income: $5670 Traditional Rental Income: $1956 Airbnb ROI: 2.53% Traditional ROI: 0.04%

Real Estate investment in Tehachapi, CA

There are 58 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $429,266 and the average price per square foot is $198. In September 2026, the average monthly cash on cash return in Tehachapi is 6.00%. The average monthly rental income in Tehachapi is $3,828.

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

There are 58 investment properties available for sale in Tehachapi.

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

The ROI for Long-Term is higher than the Short-Term in Tehachapi with average rental income of $3,828.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

29600 Goldspike Road

Tehachapi, CA

3 beds | 2 baths | 2,610 sq.ft.

$559,900

Airbnb cash on cash: 6.34%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $5670

Traditional Rental Income: $2793

Airbnb ROI: 6.34%

Traditional ROI: 3.01%

110 Clearview Court

Tehachapi, CA

4 beds | 3 baths | 2,160 sq.ft.

$539,900

Airbnb cash on cash: 9.67%

Traditional cash on cash: 8.35%

Airbnb Rental Income: $7258

Traditional Rental Income: $5193

Airbnb ROI: 9.67%

Traditional ROI: 8.35%

30420 Starland Drive

Tehachapi, CA

3 beds | 4 baths | 2,010 sq.ft.

$550,000

Airbnb cash on cash: 6.38%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $5670

Traditional Rental Income: $2655

Airbnb ROI: 6.38%

Traditional ROI: 2.72%

23921 Parke Court

Tehachapi, CA

3 beds | 2 baths | 2,586 sq.ft.

$589,900

Airbnb cash on cash: 5.95%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $5670

Traditional Rental Income: $5096

Airbnb ROI: 5.95%

Traditional ROI: 6.97%

24300 Woodbine Court

Tehachapi, CA

3 beds | 2 baths | 1,822 sq.ft.

$475,000

Airbnb cash on cash: 8.1%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $5670

Traditional Rental Income: $3848

Airbnb ROI: 8.1%

Traditional ROI: 6.56%

23441 El Rancho Drive

Tehachapi, CA

3 beds | 2 baths | 3,033 sq.ft.

$2,000,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 0.29%

Airbnb Rental Income: $1797

Traditional Rental Income: $4093

Airbnb ROI: -1.21%

Traditional ROI: 0.29%

22801 Fran Drive

Tehachapi, CA

3 beds | 2 baths | 2,500 sq.ft.

$575,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $1797

Traditional Rental Income: $4526

Airbnb ROI: 0.51%

Traditional ROI: 6.5%

18551 Glenview Court

Tehachapi, CA

3 beds | 2 baths | 1,798 sq.ft.

$259,000

Airbnb cash on cash: 3.54%

Traditional cash on cash: 11.99%

Airbnb Rental Income: $2289

Traditional Rental Income: $3785

Airbnb ROI: 3.54%