Real Estate Investment Properties for Sale in Phelps, WI

Looking for investment property in Phelps, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2256 HILL RD Phelps, WI Located in the heart of downtown Phelps, this 2-bedroom, 1-bath home offers a smart, funct...	2 beds \| 1 baths \| N/A	$110,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 9.8% Airbnb Rental Income: $748 Traditional Rental Income: $1286 Airbnb ROI: 1.8% Traditional ROI: 9.8%
3565 DEERSKIN RD Phelps, WI Escape to your own private 5-acre sanctuary!This unique 4BR, 3BA property offers the perfe...	4 beds \| 3 baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 6.49%
2952 KERR LN Phelps, WI Family Compound, Corporate Retreat, or the Ultimate Legacy Property! Experience refined No...	4 beds \| 4 baths \| N/A	$2,999,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.16% Airbnb Rental Income: $null Traditional Rental Income: $4370 Airbnb ROI: N/A Traditional ROI: 0.16%
2952 A KERR LN Phelps, WI Family Compound, Corporate Retreat, or the Ultimate Legacy Property! Experience refined No...	4 beds \| 4 baths \| N/A	$3,499,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.15% Airbnb Rental Income: $null Traditional Rental Income: $4375 Airbnb ROI: N/A Traditional ROI: -0.15%
3303 E PEDERSEN TR Phelps, WI This Sprawling Ranch property offers easy main-level living with 3 bedrooms and 2 baths, f...	3 beds \| 2 baths \| N/A	$289,500	Airbnb cash on cash: 0.13% Traditional cash on cash: 7.09% Airbnb Rental Income: $867 Traditional Rental Income: $2433 Airbnb ROI: 0.13% Traditional ROI: 7.09%
2390 HWY 17 Phelps, WI A Northwoods win on the shores of North Twin! This spacious 4-bedroom, 3-bathroom home has...	4 beds \| 3 baths \| N/A	$1,395,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $3227 Airbnb ROI: N/A Traditional ROI: 1.02%
4205 LONG LAKE DAM RD Phelps, WI Welcome to 4205 Long Lake Dam Rd in Phelps, WI-where peace, privacy, and Northwoods charm ...	4 beds \| 1 baths \| N/A	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2067 Airbnb ROI: N/A Traditional ROI: 5.69%

Real Estate investment in Phelps, WI

There are 9 properties for sale in the city of Phelps . The median list price in Phelps is $424,450 and the average price per square foot is $NaN. In May 2026, the average monthly cash on cash return in Phelps is 4.00%. The average monthly rental income in Phelps is $2,818.

Phelps, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Phelps.

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

The ROI for Long-Term is higher than the Short-Term in Phelps with average rental income of $2,818.

Your search for investment property begins and ends here

Investment Property for Sale in Phelps, WI

2256 HILL RD

Phelps, WI

2 beds | 1 baths | N/A

$110,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 9.8%

Airbnb Rental Income: $748

Traditional Rental Income: $1286

Airbnb ROI: 1.8%

Traditional ROI: 9.8%

3565 DEERSKIN RD

Phelps, WI

4 beds | 3 baths | N/A

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.49%

Airbnb Rental Income: $null

Traditional Rental Income: $3203

Airbnb ROI: N/A

Traditional ROI: 6.49%

2952 KERR LN

Phelps, WI

4 beds | 4 baths | N/A

$2,999,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.16%

Airbnb Rental Income: $null

Traditional Rental Income: $4370

Airbnb ROI: N/A

Traditional ROI: 0.16%

2952 A KERR LN

Phelps, WI

4 beds | 4 baths | N/A

$3,499,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.15%

Airbnb Rental Income: $null

Traditional Rental Income: $4375

Airbnb ROI: N/A

Traditional ROI: -0.15%

3303 E PEDERSEN TR

Phelps, WI

3 beds | 2 baths | N/A

$289,500

Airbnb cash on cash: 0.13%

Traditional cash on cash: 7.09%

Airbnb Rental Income: $867

Traditional Rental Income: $2433

Airbnb ROI: 0.13%

Traditional ROI: 7.09%

2390 HWY 17

Phelps, WI

4 beds | 3 baths | N/A

$1,395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.02%

Airbnb Rental Income: $null

Traditional Rental Income: $3227

Airbnb ROI: N/A

Traditional ROI: 1.02%

4205 LONG LAKE DAM RD

Phelps, WI

4 beds | 1 baths | N/A

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2067

Airbnb ROI: N/A

Traditional ROI: 5.69%

Real Estate investment in Phelps, WI

Phelps, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

How many investment properties are available for sale in Phelps?

Which neighborhoods in Phelps to invest in 2026?

Long-Term vs. Short-Term Rentals in Phelps, Wisconsin: Which will earn the best returns?

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