Under $300K Investment Properties for Sale in Cookeville, TN
Fix & Flip
Listed for sale 1 day ago
$ 260,000
ROI
23.1
Cash Flow/m
244- 2 Bed
- 1 Bath
- 850 sft
1054 Walton Ln, Cookeville, TN, 38501
Listed for sale 4 days ago
$ 279,900
ROI
23.7Cash Flow/m
304- 3 Bed
- 2 Bath
- 1311 sft
126 Duke Rd, Cookeville, TN, 38501
Listed for sale 5 days ago
$ 264,900
ROI
27.5Cash Flow/m
574- 3 Bed
- 2 Bath
- 1624 sft
4574 Jeremiah Rd, Cookeville, TN, 38506
Listed for sale 5 days ago
$ 150,000
ROI
26.5Cash Flow/m
281- - Bed
- - Bath
- - sft
1906 Bouton Bnd, 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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