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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cleveland, TN

$ 240,900
ROI
21.5
Cash Flow/m
118- 3 Bed
- 3 Bath
- 1386 sft
5072 Highwood Dr #46, Cleveland, TN, 37312

$ 459,500
ROI
20.3
Cash Flow/m
67- 3 Bed
- 3 Bath
- 1800 sft
164 Arthur Ln NW, Cleveland, TN, 37312

$ 459,500
ROI
20.0
Cash Flow/m
36- 2 Bed
- 3 Bath
- 1800 sft
166 Arthur Ln NW, Cleveland, TN, 37312

$ 247,900
ROI
22.4
Cash Flow/m
179- 2 Bed
- 2 Bath
- 1039 sft
1755 Stonebriar Dr NE, 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.
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