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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2900 CARROLL PL Phelps, WI Special Lac Vieux Desert Lake Property, Located of South Shore Dr and Know as Muskie Alley...	4 beds \| 3 baths \| N/A	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $3430 Airbnb ROI: N/A Traditional ROI: 1.68%
3980 PEDERSEN TR Phelps, WI Spectacular North & South Twin offering! 4 bedroom home with over 1,020' of prime water fr...	4 beds \| 3 baths \| N/A	$1,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.3% Airbnb Rental Income: $null Traditional Rental Income: $3044 Airbnb ROI: N/A Traditional ROI: 0.3%
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	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 5.74%
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%
2455 BAY LN Phelps, WI Discover the perfect Northwoods retreat on the shores of North Twin Lake. This spacious 4-...	4 beds \| 3 baths \| N/A	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $3457 Airbnb ROI: N/A Traditional ROI: 3.24%
3694 DEEP WOODS TRL Phelps, WI Discover the tranquility of the Northwoods, in this perfectly maintained 2 bed, 1 bath mod...	2 beds \| 1 baths \| N/A	$449,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.28% Airbnb Rental Income: $1194 Traditional Rental Income: $1628 Airbnb ROI: 0.33% Traditional ROI: 2.28%

Real Estate investment in Phelps, WI

There are 18 properties for sale in the city of Phelps . The median list price in Phelps is $749,000 and the average price per square foot is $398. In February 2026, the average monthly cash on cash return in Phelps is 1.00%. The average monthly rental income in Phelps is $2,177.

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

There are 18 investment properties available for sale in Phelps.

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

The ROI for Short-Term is higher than the Long-Term in Phelps with average rental income of $1,194.

Your search for investment property begins and ends here

Investment Property for Sale in Phelps, WI

2900 CARROLL PL

Phelps, WI

4 beds | 3 baths | N/A

$1,200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3430

Airbnb ROI: N/A

Traditional ROI: 1.68%

3980 PEDERSEN TR

Phelps, WI

4 beds | 3 baths | N/A

$1,950,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.3%

Airbnb Rental Income: $null

Traditional Rental Income: $3044

Airbnb ROI: N/A

Traditional ROI: 0.3%

3565 DEERSKIN RD

Phelps, WI

4 beds | 3 baths | N/A

$445,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.74%

Airbnb Rental Income: $null

Traditional Rental Income: $3203

Airbnb ROI: N/A

Traditional ROI: 5.74%

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%

2455 BAY LN

Phelps, WI

4 beds | 3 baths | N/A

$749,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3457

Airbnb ROI: N/A

Traditional ROI: 3.24%

3694 DEEP WOODS TRL

Phelps, WI

2 beds | 1 baths | N/A

$449,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1194

Traditional Rental Income: $1628

Airbnb ROI: 0.33%

Traditional ROI: 2.28%

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?

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.