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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
Rental Income
Listed for sale 3 days ago
$ 307,000
ROI
23.3
Cash Flow/m
303- 3 Bed
- 3 Bath
- 1880 sft
7 Cherokee Ridge Ct #7, Johnson City, TN, 37604
Listed for sale 7 days ago
$ 175,000
ROI
25.2Cash Flow/m
264- 2 Bed
- 2 Bath
- 1188 sft
1707 W Lakeview Dr #2, Johnson City, TN, 37601
$ 234,000
ROI
26.0Cash Flow/m
409- 3 Bed
- 2 Bath
- 1535 sft
6 Windridge Ct #6, Johnson City, TN, 37601
$ 268,500
ROI
21.5Cash Flow/m
131- 3 Bed
- 4 Bath
- 1683 sft
323 Hickory Blf, Johnson City, TN, 37601
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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