Under $200K Investment Properties for Sale in Cookeville, TN
Listed for sale 5 days ago
$ 150,000
ROI
26.5
Cash Flow/m
281- - Bed
- - Bath
- - sft
1906 Bouton Bnd, Cookeville, TN, 38501
Listed for sale 6 days ago
$ 189,900
ROI
21.3Cash Flow/m
84- 2 Bed
- 2 Bath
- 1080 sft
800 Park Dr APT B3, Cookeville, TN, 38501
Listed for sale 6 days ago
$ 119,900
ROI
26.1Cash Flow/m
212- 3 Bed
- 2 Bath
- 950 sft
4616 Rickman Rd, Cookeville, TN, 38506
Listed for sale 6 days ago
$ 149,900
ROI
25.3Cash Flow/m
231- 3 Bed
- 2 Bath
- 1216 sft
423 Moore Rd, Cookeville, TN, 38506
Why Invest in Cookeville, Tennessee?
Cookeville, TN offers strong investment potential in homes under $200k, with affordable entry points for cash-flowing rentals. Stable rental demand from Tennessee Tech University drives consistent occupancy. Average rents support yields around 8-10%, bolstered by modest appreciation. Low entry costs make it ideal for beginner investors seeking positive cash flow. Economic growth in manufacturing adds long-term stability.
9.2%
Avg. ROI
9.5%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple single-family homes and smaller properties list under $200k, often 2-3 bedrooms around 900 sqft. These suit rentals or flips in high-demand areas. Inventory includes fixer-uppers near Tennessee Tech.
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