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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Ooltewah, TN
Listed for sale 3 days ago
$ 339,900
ROI
26.2
Cash Flow/m
609- 3 Bed
- 3 Bath
- 1806 sft
5112 Hornbeam Dr #68, Ooltewah, TN, 37363
Listed for sale 3 days ago
$ 329,900
ROI
27.0Cash Flow/m
669- 3 Bed
- 3 Bath
- 1912 sft
5106 Hornbeam Dr #69, Ooltewah, TN, 37363
Listed for sale 3 days ago
$ 339,900
ROI
27.4Cash Flow/m
719- 3 Bed
- 3 Bath
- 1806 sft
5112 Hornbeam Dr #76, Ooltewah, TN, 37363
Listed for sale 3 days ago
$ 329,900
ROI
28.3Cash Flow/m
779- 3 Bed
- 3 Bath
- 1912 sft
5106 Hornbeam Dr #73, Ooltewah, TN, 37363
Why Invest in Ooltewah, Tennessee?
Ooltewah, TN townhouses offer strong investment potential with steady rental demand from the growing Chattanooga metro area. Average rents around $1,800 support solid cash flow, while cap rates hover at 6-7%. Annual appreciation of 4-5% reflects regional economic expansion. Low vacancy rates under 5% ensure reliable occupancy for townhouse investors. Proximity to major employers boosts long-term value.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Average monthly rent for townhouses is around $1,800, varying by size and location. Demand from commuters keeps rates stable. Check Census housing data for trends.
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