Investment Properties for Sale in Cookeville, TN
395- 3 Bed
- 2 Bath
- 1728 sft
6- 3 Bed
- 2 Bath
- 1512 sft
314- 3 Bed
- 2 Bath
- 1618 sft
647- 4 Bed
- 2 Bath
- 1774 sft
Why Invest in Cookeville, Tennessee?
Cookeville, TN offers strong potential for real estate investors seeking stable returns in a growing mid-sized market. Affordable entry points around $310K median home values pair with steady appreciation of about 1% annually. Rental yields hover near 6%, supported by a renter-occupied rate over 40% and average rents of $1,700 monthly. Cap rates around 7% and positive cash flows make it attractive for buy-and-hold strategies. The local economy, driven by education and healthcare, ensures consistent tenant demand.
Frequently Asked Questions
Average rental yield in Cookeville stands at about 6.2%, driven by $1,700 monthly rents against $310K home values. This appeals to investors targeting cash flow. Yields vary by property type and location.
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