Townhouse Investment Properties for Sale in Cookeville, TN
243- 4 Bed
- 3 Bath
- 1556 sft
195- 4 Bed
- 3 Bath
- 1556 sft
311- 4 Bed
- 3 Bath
- 1556 sft
158- 2 Bed
- 1 Bath
- 1088 sft
Why Invest in Cookeville, Tennessee?
Townhouses in Cookeville, TN offer strong investment potential with steady appreciation and reliable rental demand. Average rents around $1,700 support solid cash flows, while cap rates hover near 7%. The area's growing renter-occupied housing at 40% ensures consistent occupancy. Low vacancy and modest home values under $320K make entry accessible for investors. Recent trends show positive year-over-year growth in listings and values.
Frequently Asked Questions
Average rents in Cookeville are around $1,717 monthly, with townhouses often in the $1,500-$2,000 range depending on size. Demand from students and professionals keeps occupancy high. Growth of 4.1% year-over-year supports strong yields.
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