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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Cookeville, TN
Listed for sale 4 days ago
$ 275,000
ROI
26.5
Cash Flow/m
514- 3 Bed
- 2 Bath
- 1316 sft
1763 Eastlake Dr, Cookeville, TN, 38506
Listed for sale 5 days ago
$ 234,900
ROI
23.3Cash Flow/m
229- 4 Bed
- 2 Bath
- 1568 sft
4350 S Creek Dr, Cookeville, TN, 38506
Listed for sale 5 days ago
$ 209,900
ROI
29.4Cash Flow/m
562- 3 Bed
- 2 Bath
- 1908 sft
4517 Church St, Cookeville, TN, 38501
Listed for sale 6 days ago
$ 149,900
ROI
26.4Cash Flow/m
276- 2 Bed
- 1 Bath
- 952 sft
900 Clay Ave, Cookeville, TN, 38501
Why Invest in Cookeville, Tennessee?
Discover investment opportunities in Cookeville, TN under $300k, offering affordable entry into a growing market. Stable rental demand from Tennessee Tech University drives consistent cash flow. Average cap rates around 7-8% make these properties attractive for passive income. Recent appreciation of 4-5% annually supports long-term value growth. Low vacancy rates under 6% ensure reliable occupancy.
9.2%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Affordable entry prices combined with strong rental demand from students and professionals yield solid cap rates of 7-8%. Low vacancy and steady appreciation provide reliable returns. Proximity to Tennessee Tech enhances cash flow potential.
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