Fix and Flip Properties in Cookeville, TN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Cookeville, TN

Why Invest in Cookeville, Tennessee?

Cookeville, Tennessee presents compelling fix-and-flip opportunities in a market experiencing modest appreciation and reduced competition. With median home prices around $315K and a median sale price per square foot of $185, investors can identify undervalued properties with solid profit margins. The market's cooling trend means less bidding competition, allowing strategic investors to negotiate better purchase prices. Strong rental demand supports both quick flips and hold strategies, with average rents at $1,717 monthly providing exit flexibility if market conditions shift.

8.5%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1717/mo
Avg. Rent
0.9%
1Y Appreciation

Frequently Asked Questions

With median purchase prices around $315K and renovation costs typically 15-25% of purchase price, investors can target 15-25% profit margins on successful flips. The current market's reduced competition allows better negotiation on acquisition prices, improving overall project returns.

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