Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cleveland, TN
Listed for sale today
$ 208,000
ROI
29.9
Cash Flow/m
586- 2 Bed
- 3 Bath
- 1360 sft
2297 Shady Ln NE, Cleveland, TN, 37312
Listed for sale 2 days ago
$ 274,900
ROI
21.0Cash Flow/m
94- 3 Bed
- 3 Bath
- 1538 sft
124 McNabb Dr, Cleveland, TN, 37312
Listed for sale 4 days ago
$ 269,900
ROI
19.9Cash Flow/m
9- 2 Bed
- 2 Bath
- 1180 sft
2104 Shady Ln, Cleveland, TN, 37312
Listed for sale 4 days ago
$ 269,900
ROI
19.9Cash Flow/m
9- 2 Bed
- 2 Bath
- 1180 sft
2104 Shady Ln #30B, Cleveland, TN, 37312
Why Invest in Cleveland, Tennessee?
Townhouses in Cleveland, TN offer strong investment potential with steady appreciation and reliable rental demand. Growing job market from manufacturing expansions supports consistent occupancy. Average cap rates around 7% and rental yields near 8% make them attractive for cash flow. Recent home value growth of 0.5-3% signals stable returns in this expanding market. Investor-friendly with low vacancy and new developments boosting demand.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses benefit from strong renter demand driven by job growth and university proximity. Average rents around $1,650 yield solid cash flow with low vacancy. Stable appreciation supports long-term holds.
Find Your Perfect Investment Property in Cleveland, Tennessee
Explore investment opportunities by strategy, performance, or property type
