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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Johnson City, TN
Listed for sale 1 day ago
$ 162,000
ROI
23.3
Cash Flow/m
157- 2 Bed
- 2 Bath
- 1112 sft
716 King Springs Rd APT 7, Johnson City, TN, 37604
Fix & Flip
Listed for sale 6 days ago
$ 195,000
ROI
27.7Cash Flow/m
432- - Bed
- 3 Bath
- 1508 sft
165 Bentley Parc #41, JOHNSON CITY, TN, 37615
Listed for sale 1 day ago
$ 259,000
ROI
23.2Cash Flow/m
249- 2 Bed
- 2 Bath
- 1618 sft
1725 W Lakeview Dr Unit 1, Johnson City, TN, 37601
$ 208,000
ROI
21.2Cash Flow/m
84- 1 Bed
- 1 Bath
- 756 sft
163 Browns Rd APT 205, JOHNSON CITY, TN, 37615
Why Invest in Johnson City, Tennessee?
Johnson City, TN condos offer strong investment potential in the growing Tri-Cities region. With healthcare and education driving demand, condo investors benefit from steady renter occupancy near ETSU and Ballad Health. Appreciation holds at 3-4% annually amid stabilizing inventory. Rental yields average 6-7%, supported by median rents around $1,500. Cap rates of 5.5% make condos appealing for cash flow in this affordable market.
7.2%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos near ETSU and healthcare hubs yield 6-7% with low vacancy. Steady job growth supports reliable tenants. Appreciation of 3-4% adds long-term value.
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