Real Estate Investment Properties for Sale in Germantown, TN

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

Explore a variety of short-term homes & houses in Germantown, TN. Invest wisely with VRBO & Germantown, 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 Germantown, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8259 San Augustine Ln Germantown, TN Gorgeous, updated, light-filled home in desirable Germantown Station! Spacious, open conce...	4 beds \| 2 baths \| N/A	$465,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.02% Airbnb Rental Income: $987 Traditional Rental Income: $2740 Airbnb ROI: -0.82% Traditional ROI: 4.02%
9161 Belle Fleurs Cv Germantown, TN Gorgeous property on a quiet cul-de-sac featuring four en suite bedrooms, each with walk-i...	4 beds \| 5 baths \| N/A	$1,249,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 3.05% Airbnb Rental Income: $987 Traditional Rental Income: $6363 Airbnb ROI: -1.69% Traditional ROI: 3.05%
7701 OLD VILLAGE Germantown, TN Discover this well-maintained 3-bed, 3-bath + (Bonus room) home at 7701 Old Village Cove i...	3 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.16% Airbnb Rental Income: $955 Traditional Rental Income: $2493 Airbnb ROI: -0.69% Traditional ROI: 4.16%
2971 Sandy Creek Dr Germantown, TN Welcome to this spacious Germantown gemâan inviting one-story home designed for comfort ...	4 beds \| 3 baths \| N/A	$439,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.28% Airbnb Rental Income: $987 Traditional Rental Income: $2786 Airbnb ROI: -0.83% Traditional ROI: 4.28%
2574 Hocksett Cv Germantown, TN Tucked in a peaceful Germantown cove, this ~4,200 sqft brick beauty blends comfort, style,...	5 beds \| 3 baths \| N/A	$724,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.35% Airbnb Rental Income: $1270 Traditional Rental Income: $3704 Airbnb ROI: -0.84% Traditional ROI: 3.35%
7503 Bavarian Dr #19 Germantown, TN Rare 1,500+ sq.ft., 2 bedroom, 2 1/2 bath condo in Bavarian Village! Enjoy peace of mind &...	2 beds \| 2 baths \| N/A	$214,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 7.41% Airbnb Rental Income: $509 Traditional Rental Income: $2044 Airbnb ROI: -1.12% Traditional ROI: 7.41%
1923 Rye Rd Germantown, TN Discover a rare SINGLE-FAMILY home in Germantown that offers all the benefits of homeowner...	3 beds \| 2 baths \| N/A	$373,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 4.48% Airbnb Rental Income: $955 Traditional Rental Income: $2327 Airbnb ROI: -0.43% Traditional ROI: 4.48%
8422 Poplar Pike Germantown, TN Welcome home to this beautifully updated Germantown gem! The entire first level boasts stu...	4 beds \| 3 baths \| N/A	$549,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 4.93% Airbnb Rental Income: $987 Traditional Rental Income: $3549 Airbnb ROI: -0.75% Traditional ROI: 4.93%
6976 Country Rd #34 Germantown, TN Improved price plus $5000 towards buyer closing costs! Pool facing 2 bedroom, 2 1/2 Bath t...	2 beds \| 2 baths \| N/A	$274,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 5.76% Airbnb Rental Income: $509 Traditional Rental Income: $2076 Airbnb ROI: -1.34% Traditional ROI: 5.76%
1952 S ARDEN LANDING Germantown, TN Tucked away in the peaceful cove of Lansdowne Place, this beautifully maintained home offe...	4 beds \| 3 baths \| N/A	$650,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 2.17% Airbnb Rental Income: $987 Traditional Rental Income: $2632 Airbnb ROI: -1.12% Traditional ROI: 2.17%
2195 Houston Pass Cv Germantown, TN Beautiful Germantown home on large fenced cove lot. Luxury Primary down. Large Kitchen wi...	5 beds \| 3 baths \| N/A	$623,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $3927 Airbnb ROI: N/A Traditional ROI: 4.69%
9143 Cheatham Ln W Germantown, TN Completed in May 2024 by Griffin Elkington Builder, this stunning Germantown home offers 5...	5 beds \| 4 baths \| N/A	$1,330,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 2.67% Airbnb Rental Income: $1270 Traditional Rental Income: $6245 Airbnb ROI: -1.67% Traditional ROI: 2.67%
3174 Wetherby Dr Germantown, TN Welcome to Devonshire Gardens, offering amenities including a sparkling pool, tennis court...	5 beds \| 5 baths \| N/A	$999,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.76% Airbnb Rental Income: $1270 Traditional Rental Income: $3786 Airbnb ROI: -1.37% Traditional ROI: 1.76%
2060 N Arden Landing Cv Germantown, TN Best location at the end of the cove. Quiet and private overlooking the lake and walking t...	4 beds \| 3 baths \| N/A	$838,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 1.72% Airbnb Rental Income: $987 Traditional Rental Income: $2894 Airbnb ROI: -1.17% Traditional ROI: 1.72%
1913 Rye Rd Germantown, TN This gorgeous home is so close to all things Germantown, yet located in a secluded neighbo...	3 beds \| 2 baths \| N/A	$389,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 4.02% Airbnb Rental Income: $955 Traditional Rental Income: $2375 Airbnb ROI: -0.81% Traditional ROI: 4.02%
2636 Fox Hill Cir Germantown, TN Discover your dream home in this gorgeous Southern Colonial residence tucked away on a pri...	5 beds \| 3 baths \| N/A	$1,080,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 1.52% Airbnb Rental Income: $1270 Traditional Rental Income: $3707 Airbnb ROI: -1.31% Traditional ROI: 1.52%
9140 Cheatham Ln Germantown, TN Located in a prestigious gated Germantown community, this custom home by Frank Gusmus & ar...	5 beds \| 4 baths \| N/A	$1,175,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.57% Airbnb Rental Income: $1270 Traditional Rental Income: $3674 Airbnb ROI: -0.99% Traditional ROI: 1.57%
7150 Woodridge Ln Germantown, TN 5.25% assumable VA loan and you don't have to be a Veteran. Call for details. 5 bedroom/3 ...	5 beds \| 3 baths \| N/A	$445,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.88% Airbnb Rental Income: $1270 Traditional Rental Income: $2963 Airbnb ROI: -0.15% Traditional ROI: 4.88%
8222 Dogwood Rd Germantown, TN Make this house your own! It's perfectly situated in Germantown's Kimbrough Woods with acc...	4 beds \| 3 baths \| N/A	$465,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 4% Airbnb Rental Income: $987 Traditional Rental Income: $2824 Airbnb ROI: -0.93% Traditional ROI: 4%
2368 Brachton Ave Germantown, TN This house offers many wonderful features. 4 bedrooms on the first level (with 2 full bat...	4 beds \| 3 baths \| N/A	$485,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.76% Airbnb Rental Income: $987 Traditional Rental Income: $2721 Airbnb ROI: -0.84% Traditional ROI: 3.76%
9170 Old Green Ln Germantown, TN COMPLETED NEW HOME in Germantownâs newest premier Gated CommunityâOlde Field Green. Th...	5 beds \| 5 baths \| N/A	$1,275,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.79% Airbnb Rental Income: $1270 Traditional Rental Income: $6601 Airbnb ROI: -1.05% Traditional ROI: 3.79%
9518 Knoll Crest Dr Germantown, TN Stunning Regency Homebuilders model in sought-after Germantown! This 4-bedroom home offers...	5 beds \| 5 baths \| N/A	$1,349,900	Airbnb cash on cash: -1.4% Traditional cash on cash: 1.93% Airbnb Rental Income: $987 Traditional Rental Income: $6498 Airbnb ROI: -1.4% Traditional ROI: 1.93%
9221 Liggon Green Ln Germantown, TN Beautiful Home in Sought after Enclave. Open and Airy with beautiful hardwood floors! Cook...	5 beds \| 3 baths \| N/A	$779,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 0% Airbnb Rental Income: $1270 Traditional Rental Income: $1685 Airbnb ROI: -1.13% Traditional ROI: 0%
1687 Neshoba Oak Ln W Germantown, TN CustomÂ Albertine-built home with luxurious and high-end upgrades! Key features include cu...	5 beds \| 4 baths \| N/A	$1,100,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.75% Airbnb Rental Income: $1270 Traditional Rental Income: $4642 Airbnb ROI: -0.94% Traditional ROI: 2.75%
3056 Chapel Woods Cv Germantown, TN Discover unparalleled luxury in this expansive privately gated Germantown estate, offering...	5 beds \| 5 baths \| N/A	$1,897,450	Airbnb cash on cash: -1.62% Traditional cash on cash: 1.61% Airbnb Rental Income: $1270 Traditional Rental Income: $6703 Airbnb ROI: -1.62% Traditional ROI: 1.61%
9248 LIGGON GREEN Germantown, TN Gorgeous 4BR/3.5 BA home with the Perfect Layoutâ2BR on the main level, including a luxu...	4 beds \| 4 baths \| N/A	$749,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.75% Airbnb Rental Income: $987 Traditional Rental Income: $3454 Airbnb ROI: -1.29% Traditional ROI: 2.75%
2467 Turpins Glen Dr Germantown, TN Beautiful 4BR/3.5BA home in sought-after Germantown, just steps from Howard McVay Park! En...	4 beds \| 3 baths \| N/A	$478,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 5.71% Airbnb Rental Income: $987 Traditional Rental Income: $3521 Airbnb ROI: -0.75% Traditional ROI: 5.71%
7298 Mont Blanc Dr Germantown, TN Highly Sought-After Gated Community in Prestigious Germantown, Step into luxury living wit...	3 beds \| 3 baths \| N/A	$629,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.45% Airbnb Rental Income: $955 Traditional Rental Income: $1677 Airbnb ROI: -1.37% Traditional ROI: 0.45%
9123 Wilder Run Cir S Germantown, TN Completed New Construction Luxury Home in Germantown, built by Smith & Linder Homes, combi...	5 beds \| 5 baths \| N/A	$1,475,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.17% Airbnb Rental Income: $1270 Traditional Rental Income: $6769 Airbnb ROI: -1.14% Traditional ROI: 3.17%
9121 Cheatham Ln N Germantown, TN Extraordinary New Home By Griffin Elkington In The Latest Gated Subdivision Of Germantown....	5 beds \| 4 baths \| N/A	$1,275,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.17% Airbnb Rental Income: $1270 Traditional Rental Income: $4828 Airbnb ROI: -1.17% Traditional ROI: 2.17%
8570 W Park Trail Dr Germantown, TN Welcome to this beautifully maintained 3-bedroom, 2-bath Park Place townhome offering the ...	3 beds \| 2 baths \| N/A	$324,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.87% Airbnb Rental Income: $955 Traditional Rental Income: $1865 Airbnb ROI: -0.25% Traditional ROI: 3.87%
2639 Cedar Ridge Dr Germantown, TN One-Story, 1820 sq ft home, 3 bedrooms, 2 full bathrooms, sitting room, dining room, kitch...	3 beds \| 2 baths \| N/A	$335,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.56% Airbnb Rental Income: $955 Traditional Rental Income: $1918 Airbnb ROI: -0.43% Traditional ROI: 3.56%
8225 Beekman Pl Germantown, TN This spacious home in highly sought after Kimbrough Woods features 4 bedrooms w/large walk...	5 beds \| 2 baths \| N/A	$649,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.83% Airbnb Rental Income: $1270 Traditional Rental Income: $2965 Airbnb ROI: -0.63% Traditional ROI: 2.83%
1847 Gray Ridge Cv #2 Germantown, TN Beautifully Updated Condo in the Heart of Germantown! Welcome to this charming 2-bedroom, ...	2 beds \| 2 baths \| N/A	$224,900	Airbnb cash on cash: -1.25% Traditional cash on cash: 4.36% Airbnb Rental Income: $509 Traditional Rental Income: $1429 Airbnb ROI: -1.25% Traditional ROI: 4.36%
2530 Shepherdwood Ln Germantown, TN Desired neighborhood, pretty curb appeal and big corner lot, this beautifully maintained h...	4 beds \| 2 baths \| N/A	$459,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.16% Airbnb Rental Income: $987 Traditional Rental Income: $2763 Airbnb ROI: -0.79% Traditional ROI: 4.16%
8451 Old Elm Cv Germantown, TN PRICE REDUCTION! Under $600k! Tucked in a quiet Germantown cove and packed with updates, t...	4 beds \| 2 baths \| N/A	$599,900	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.93% Airbnb Rental Income: $987 Traditional Rental Income: $2765 Airbnb ROI: -0.88% Traditional ROI: 2.93%
2155 WICKERSHAM Germantown, TN Absolutely fantastic location in Kimbrough Woods. Traditional floorplan with one BR down....	4 beds \| 4 baths \| N/A	$494,800	Airbnb cash on cash: -1.06% Traditional cash on cash: 3.46% Airbnb Rental Income: $987 Traditional Rental Income: $2723 Airbnb ROI: -1.06% Traditional ROI: 3.46%
3181 Chapel Woods Cv Germantown, TN Stunning 4-bedroom, 3.5-bath home in the heart of Germantown, convenient to shops, dining...	4 beds \| 3 baths \| N/A	$1,200,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -0.75% Airbnb Rental Income: $987 Traditional Rental Income: $1927 Airbnb ROI: -1.91% Traditional ROI: -0.75%
7024 Country Rd Germantown, TN Lovely condo with spacious rooms. Has been well maintained. Spacious Bedrooms up. Large wa...	3 beds \| 2 baths \| N/A	$274,990	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.67% Airbnb Rental Income: $955 Traditional Rental Income: $2317 Airbnb ROI: 0.08% Traditional ROI: 6.67%
8799 Featherleigh Ln Germantown, TN $10,400 PRICE DROP!!! Unique features make this 5000+ sqft home a one-of-a-kind in Oakleig...	4 beds \| 4 baths \| N/A	$714,500	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.5% Airbnb Rental Income: $987 Traditional Rental Income: $3818 Airbnb ROI: -1.28% Traditional ROI: 3.5%

Real Estate investment in Germantown, TN

There are 145 properties for sale in the city of Germantown . The median list price in Germantown is $549,900 and the average price per square foot is $151. In February 2026, the average monthly cash on cash return in Germantown is 3.00%. The average monthly rental income in Germantown is $2,765.

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

There are 145 investment properties available for sale in Germantown.

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

The ROI for Long-Term is higher than the Short-Term in Germantown with average rental income of $2,765.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

8259 San Augustine Ln

Germantown, TN

4 beds | 2 baths | N/A

$465,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $987

Traditional Rental Income: $2740

Airbnb ROI: -0.82%

Traditional ROI: 4.02%

9161 Belle Fleurs Cv

Germantown, TN

4 beds | 5 baths | N/A

$1,249,000

Airbnb cash on cash: -1.69%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $987

Traditional Rental Income: $6363

Airbnb ROI: -1.69%

Traditional ROI: 3.05%

7701 OLD VILLAGE

Germantown, TN

3 beds | 3 baths | N/A

$415,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $955

Traditional Rental Income: $2493

Airbnb ROI: -0.69%

Traditional ROI: 4.16%

2971 Sandy Creek Dr

Germantown, TN

4 beds | 3 baths | N/A

$439,900

Airbnb cash on cash: -0.83%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $987

Traditional Rental Income: $2786

Airbnb ROI: -0.83%

Traditional ROI: 4.28%

2574 Hocksett Cv

Germantown, TN

5 beds | 3 baths | N/A

$724,900

Airbnb cash on cash: -0.84%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1270

Traditional Rental Income: $3704

Airbnb ROI: -0.84%

Traditional ROI: 3.35%

7503 Bavarian Dr #19

Germantown, TN

2 beds | 2 baths | N/A

$214,000

Airbnb cash on cash: -1.12%

Traditional cash on cash: 7.41%

Airbnb Rental Income: $509

Traditional Rental Income: $2044

Airbnb ROI: -1.12%

Traditional ROI: 7.41%

1923 Rye Rd

Germantown, TN

3 beds | 2 baths | N/A

$373,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $955

Traditional Rental Income: $2327

Airbnb ROI: -0.43%

Traditional ROI: 4.48%

8422 Poplar Pike

Germantown, TN

4 beds | 3 baths | N/A

$549,900

Airbnb cash on cash: -0.75%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $987

Traditional Rental Income: $3549

Airbnb ROI: -0.75%