Under $300K Investment Properties for Sale in Cleveland, TN
Listed for sale 1 day ago
$ 170,000
ROI
33.8
Cash Flow/m
662- 2 Bed
- 2 Bath
- 1188 sft
340 Micheal Ln NW #A4, Cleveland, TN, 37311
Listed for sale 1 day ago
$ 120,000
ROI
27.1Cash Flow/m
246- 2 Bed
- 1 Bath
- 720 sft
1317 Virginia Ave SW, Cleveland, TN, 37311
Listed for sale 1 day ago
$ 184,900
ROI
23.6Cash Flow/m
196- 2 Bed
- 1 Bath
- 760 sft
1814 Church St SE, Cleveland, TN, 37311
Motivated Seller
Listed for sale 1 day ago
$ 215,000
ROI
22.5Cash Flow/m
161- 2 Bed
- 1 Bath
- 948 sft
911 Emmett Ave NW, Cleveland, TN, 37311
Why Invest in Cleveland, Tennessee?
Cleveland, TN offers strong investment potential in homes under $300k, with abundant single-family properties and townhomes available. Average rents around $1,400 support solid cash flow for investors targeting this price range. The area's **6% cap rate** and steady **3% appreciation** make it attractive for long-term holds. Renter-occupied units at **45%** indicate reliable demand in this growing Tennessee market. Proximity to Chattanooga enhances workforce appeal and migration trends.
8.5%
Avg. ROI
6.2%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation
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