Real Estate Investment Properties for Sale in Calhoun, TN

Looking for investment property in Calhoun, TN with high ROI ?

Explore a variety of short-term homes & houses in Calhoun, TN. Invest wisely with VRBO & Calhoun, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Calhoun, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5516 Highway 30 Calhoun, TN 5516 Highway 30, Calhoun, TN 30701 \| Single Family Residential	3 beds \| 3 baths \| 3,492 sq.ft.	$929,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 0.42% Airbnb Rental Income: $2157 Traditional Rental Income: $1930 Airbnb ROI: 0.05% Traditional ROI: 0.42%
127 County Road 7 Calhoun, TN Rustic Log Cabin Style Home In Great Area, Near Hiawassee River With Loft & Large Front P...	2 beds \| 2 baths \| 1,596 sq.ft.	$244,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 7.05% Airbnb Rental Income: $696 Traditional Rental Income: $1997 Airbnb ROI: 0.11% Traditional ROI: 7.05%
759 Pinhook Rd Calhoun, TN Welcome to this beautiful waterfront home on the Hiwassee River in the peaceful Pinhook co...	4 beds \| 2 baths \| 3,588 sq.ft.	$735,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 2.5%
1061 Highway 163 Calhoun, TN Great 3 Bedroom 1 Bath home. This home is selling for less than $110 a square foot, and ha...	3 beds \| 1 baths \| 2,030 sq.ft.	$310,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 2.67% Airbnb Rental Income: $2157 Traditional Rental Income: $1234 Airbnb ROI: 3.95% Traditional ROI: 2.67%
450 County Road 28 Calhoun, TN Off-grid custom-built modern farmhouse on 53 acres. No electric bills here! This exquisite...	4 beds \| 3 baths \| 2,983 sq.ft.	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.71% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 0.71%
681 Pinhook Rd Calhoun, TN Riverfront Retreat - Exceptional Home on 2 Acres with 100' of Private Frontage. Welcome to...	3 beds \| 3 baths \| 3,000 sq.ft.	$759,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.25% Airbnb Rental Income: $2157 Traditional Rental Income: $3348 Airbnb ROI: 0.8% Traditional ROI: 3.25%
145 Pinhook Rd Calhoun, TN Welcome to this well-maintained 5-bedroom, 3-bathroom home offering over 2,100 square feet...	5 beds \| 3 baths \| 2,128 sq.ft.	$369,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 6.72% Airbnb Rental Income: $2991 Traditional Rental Income: $2840 Airbnb ROI: 5.17% Traditional ROI: 6.72%
2239 County Road 750 Calhoun, TN 2239 County Road 750, Calhoun, TN 37309 \| Single Family Residential	3 beds \| 2 baths \| 2,353 sq.ft.	$829,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.07% Airbnb Rental Income: $2157 Traditional Rental Income: $2241 Airbnb ROI: 0.26% Traditional ROI: 1.07%
Lot 4 County Road 950 Calhoun, TN Lot 4 County Road 950, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 4.2% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -2.08% Traditional ROI: 4.2%
Lot 1 State Highway 163 Calhoun, TN Lot 1 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$4,050,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.5% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -1.72% Traditional ROI: -1.5%
Lot 4 State Highway 163 Calhoun, TN Lot 4 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,916,800	Airbnb cash on cash: -1.73% Traditional cash on cash: -1.27% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -1.73% Traditional ROI: -1.27%
Lot 3 State Highway 163 Calhoun, TN Lot 3 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$666,900	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.47% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -1.78% Traditional ROI: -0.47%
Lot 2 State Highway 163 Calhoun, TN Lot 2 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$739,500	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.59% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -1.78% Traditional ROI: -0.59%
Lot 5 State Highway 163 Calhoun, TN Lot 5 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,292,960	Airbnb cash on cash: -1.75% Traditional cash on cash: -1.07% Airbnb Rental Income: $280 Traditional Rental Income: $859 Airbnb ROI: -1.75% Traditional ROI: -1.07%
7.3 Acres Athens Rd Calhoun, TN 7.3 Acres Athens Rd, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 2.06% Airbnb Rental Income: $280 Traditional Rental Income: $982 Airbnb ROI: -1.91% Traditional ROI: 2.06%
181 County Road 5 Calhoun, TN Perched atop 15 breathtaking acres with panoramic views that stretch for miles, this extra...	3 beds \| 3 baths \| 2,076 sq.ft.	$775,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.18% Airbnb Rental Income: $2157 Traditional Rental Income: $2523 Airbnb ROI: 0.92% Traditional ROI: 2.18%
0 County Road 956 Calhoun, TN 0 County Road 956, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,250,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.95% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.75% Traditional ROI: -0.95%
359 County Road 4 Calhoun, TN 359 County Road 4, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 5.73% Airbnb Rental Income: $280 Traditional Rental Income: $954 Airbnb ROI: -2.13% Traditional ROI: 5.73%
2 State Highway 163 Calhoun, TN 2 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$739,500	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.43% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.78% Traditional ROI: -0.43%
1 State Highway 163 Calhoun, TN 1 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$4,050,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.47% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.72% Traditional ROI: -1.47%
3 State Highway 163 Calhoun, TN 3 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$666,900	Airbnb cash on cash: -1.78% Traditional cash on cash: -0.29% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.78% Traditional ROI: -0.29%
4 State Highway 163 Calhoun, TN 4 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,916,800	Airbnb cash on cash: -1.73% Traditional cash on cash: -1.21% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.73% Traditional ROI: -1.21%
5 State Highway 163 Calhoun, TN 5 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,292,960	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.97% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.75% Traditional ROI: -0.97%
1541 Tennessee 163 Calhoun, TN Escape to the peace and privacy of country living with this unique tiny home situated on 7...	1 beds \| 1 baths \| 400 sq.ft.	$195,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.63% Airbnb Rental Income: $478 Traditional Rental Income: $1343 Airbnb ROI: -0.49% Traditional ROI: 5.63%
118 High St Calhoun, TN Opportunity awaits with this 2-bedroom, 1-bath home nestled on a beautiful 0.45-acre lot. ...	2 beds \| 1 baths \| 988 sq.ft.	$180,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 7.27% Airbnb Rental Income: $696 Traditional Rental Income: $1548 Airbnb ROI: 0.52% Traditional ROI: 7.27%
4 County Road 950 Calhoun, TN 4 County Road 950, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 5.1% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -2.08% Traditional ROI: 5.1%
54 County Road 966 #54 Calhoun, TN 54 County Road 966 #54, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$565,000	Airbnb cash on cash: -1.8% Traditional cash on cash: -0.03% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.8% Traditional ROI: -0.03%
0 County Road 966 Calhoun, TN 0 County Road 966, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$565,000	Airbnb cash on cash: -1.8% Traditional cash on cash: -0.03% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.8% Traditional ROI: -0.03%
County Rd 42 Calhoun, TN County Rd 42, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: -2.07% Traditional cash on cash: 4.71% Airbnb Rental Income: $280 Traditional Rental Income: $954 Airbnb ROI: -2.07% Traditional ROI: 4.71%
2180 County Road 750 Calhoun, TN 2180 County Road 750, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$585,000	Airbnb cash on cash: -1.79% Traditional cash on cash: -0.09% Airbnb Rental Income: $280 Traditional Rental Income: $975 Airbnb ROI: -1.79% Traditional ROI: -0.09%
153 Sherwood Ave Calhoun, TN 153 Sherwood Ave, Calhoun, TN 37309 \| Single Family Residential	3 beds \| 2 baths \| 2,574 sq.ft.	$449,900	Airbnb cash on cash: 1.89% Traditional cash on cash: 0.96% Airbnb Rental Income: $2157 Traditional Rental Income: $1217 Airbnb ROI: 1.89% Traditional ROI: 0.96%
28 County Rd Calhoun, TN 28 County Rd, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 1.09% Airbnb Rental Income: $280 Traditional Rental Income: $1011 Airbnb ROI: -1.85% Traditional ROI: 1.09%
750 Of County Rd Calhoun, TN 750 Of County Rd, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$133,490	Airbnb cash on cash: -2.09% Traditional cash on cash: 5.45% Airbnb Rental Income: $280 Traditional Rental Income: $1011 Airbnb ROI: -2.09% Traditional ROI: 5.45%
123 County Road 5 Calhoun, TN 123 County Road 5, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: -2.2% Traditional cash on cash: 6.42% Airbnb Rental Income: $280 Traditional Rental Income: $883 Airbnb ROI: -2.2% Traditional ROI: 6.42%

Real Estate investment in Calhoun, TN

There are 34 properties for sale in the city of Calhoun . The median list price in Calhoun is $239,806 and the average price per square foot is $129. In September 2026, the average monthly cash on cash return in Calhoun is 1.00%. The average monthly rental income in Calhoun is $975.

Calhoun, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 34 investment properties available for sale in Calhoun.

In 2026, the best neighborhood to buy investment property is Calhoun.

The ROI for Long-Term is higher than the Short-Term in Calhoun with average rental income of $975.

Your search for investment property begins and ends here

Investment Property for Sale in Calhoun, TN

5516 Highway 30

Calhoun, TN

3 beds | 3 baths | 3,492 sq.ft.

$929,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 0.42%

Airbnb Rental Income: $2157

Traditional Rental Income: $1930

Airbnb ROI: 0.05%

Traditional ROI: 0.42%

127 County Road 7

Calhoun, TN

2 beds | 2 baths | 1,596 sq.ft.

$244,900

Airbnb cash on cash: 0.11%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $696

Traditional Rental Income: $1997

Airbnb ROI: 0.11%

Traditional ROI: 7.05%

759 Pinhook Rd

Calhoun, TN

4 beds | 2 baths | 3,588 sq.ft.

$735,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2759

Airbnb ROI: N/A

Traditional ROI: 2.5%

1061 Highway 163

Calhoun, TN

3 beds | 1 baths | 2,030 sq.ft.

$310,000

Airbnb cash on cash: 3.95%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $2157

Traditional Rental Income: $1234

Airbnb ROI: 3.95%

Traditional ROI: 2.67%

450 County Road 28

Calhoun, TN

4 beds | 3 baths | 2,983 sq.ft.

$1,650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2862

Airbnb ROI: N/A

Traditional ROI: 0.71%

681 Pinhook Rd

Calhoun, TN

3 beds | 3 baths | 3,000 sq.ft.

$759,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2157

Traditional Rental Income: $3348

Airbnb ROI: 0.8%

Traditional ROI: 3.25%

145 Pinhook Rd

Calhoun, TN

5 beds | 3 baths | 2,128 sq.ft.

$369,000

Airbnb cash on cash: 5.17%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $2991

Traditional Rental Income: $2840

Airbnb ROI: 5.17%

Traditional ROI: 6.72%

2239 County Road 750

Calhoun, TN

3 beds | 2 baths | 2,353 sq.ft.

$829,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $2157

Traditional Rental Income: $2241

Airbnb ROI: 0.26%