Under $200K Investment Properties for Sale in Ooltewah, TN


167- 2 Bed
- 2 Bath
- 1056 sft


379- 3 Bed
- 2 Bath
- 1216 sft


1251- 2 Bed
- 1 Bath
- 912 sft


477- 3 Bed
- 1 Bath
- 768 sft
Why Invest in Ooltewah, Tennessee?
Discover investment opportunities in Ooltewah, TN under $200k, where affordable entry points meet steady rental demand. Properties in this price range offer solid **rental yields** around 8-10% with average rents supporting positive cash flow. The area's proximity to Chattanooga drives population growth and job stability, enhancing long-term appreciation. Cap rates hover at 7-9%, making it attractive for cash-flow focused investors. Renter-occupied housing exceeds 30%, signaling reliable tenant pools.
Frequently Asked Questions
Yes, multiple sources indicate 10-27 properties under $200k, ideal for entry-level investors. These often include single-family homes suitable for rentals. Focus on areas with strong renter demand near Chattanooga.
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