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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cleveland, TN
Listed for sale 3 days ago
$ 279,000
ROI
20.9
Cash Flow/m
91- 2 Bed
- 3 Bath
- 1240 sft
136 Emmyllie Ct NE, Cleveland, TN, 37312
$ 275,000
ROI
20.7Cash Flow/m
72- 2 Bed
- 3 Bath
- 1308 sft
1344 Weeks Dr NE, Cleveland, TN, 37312
$ 254,500
ROI
22.6Cash Flow/m
204- 4 Bed
- 4 Bath
- 1397 sft
3036 Three Creeks Dr NW, Cleveland, TN, 37312
$ 256,620
ROI
22.4Cash Flow/m
191- 3 Bed
- 3 Bath
- 1410 sft
3046 Three Creeks Dr NW, 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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