Under $300K Investment Properties for Sale in Johnson City, TN
182- 1 Bed
- 2 Bath
- 896 sft
368- 2 Bed
- 1 Bath
- 1488 sft
584- 3 Bed
- 3 Bath
- 1430 sft
183- 4 Bed
- 2 Bath
- 1764 sft
Why Invest in Johnson City, Tennessee?
Johnson City, Tennessee offers affordable entry points for real estate investors seeking properties under $300,000. The market combines low acquisition costs with steady rental demand driven by the region's growing healthcare and manufacturing sectors. With median home prices well below state averages, investors can achieve competitive cap rates while building equity in an emerging market. The city's proximity to major employment centers and educational institutions supports long-term appreciation potential.
Frequently Asked Questions
Properties in this price range typically generate rental yields between 5-6%, with average monthly rents around $1,150. Actual yields vary based on property condition, location within the city, and tenant profile. Investors should conduct individual property analysis to determine specific cash flow potential.
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