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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Cookeville, TN

$ 193,000
ROI
26.3
Cash Flow/m
349- 2 Bed
- 1 Bath
- 783 sft
518 Pine Ave, Cookeville, TN, 38501

$ 165,000
ROI
25.8
Cash Flow/m
276- 3 Bed
- 2 Bath
- 1088 sft
15550 Dodson Branch Hwy, Cookeville, TN, 38501

$ 189,998
ROI
25.3
Cash Flow/m
293- 3 Bed
- 2 Bath
- 1248 sft
4461 S Creek Dr, Cookeville, TN, 38506

Currently Rented
Fix & Flip
Rental Income
$ 198,000
ROI
27.3
Cash Flow/m
418- 3 Bed
- 1 Bath
- 1230 sft
460 Dogwood Cir, Cookeville, TN, 38501
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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