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
7271 MIMOSA Germantown, TN Welcome to 7271 Mimosa Drive, a well-loved home in the heart of Germantown. This 4-bedroom...	4 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.84% Airbnb Rental Income: $987 Traditional Rental Income: $2743 Airbnb ROI: -0.59% Traditional ROI: 4.84%
8259 SAN AUGUSTINE Germantown, TN Gorgeous, updated, light-filled home in desirable Germantown Station! Spacious, open conce...	4 beds \| 3 baths \| N/A	$465,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.51% Airbnb Rental Income: $987 Traditional Rental Income: $2514 Airbnb ROI: -0.82% Traditional ROI: 3.51%
6818 GREAT OAKS Germantown, TN Too many upgrades to list them all - new kitchen, new primary bath, mostly fresh paint, ha...	3 beds \| 2 baths \| N/A	$335,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.74% Airbnb Rental Income: $955 Traditional Rental Income: $1930 Airbnb ROI: -0.46% Traditional ROI: 3.74%
9161 BELLE FLEURS Germantown, TN Gorgeous property on a quiet cul-de-sac featuring four en suite bedrooms, each with walk-i...	4 beds \| 6 baths \| N/A	$1,299,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 3.15% Airbnb Rental Income: $987 Traditional Rental Income: $6363 Airbnb ROI: -1.6% Traditional ROI: 3.15%
1806 BIRCH POST #118 Germantown, TN Location! Location! Turnkey Germantown 2 BR 2 1/2 Bath Under $250K in Highly Desirable Wes...	2 beds \| 3 baths \| N/A	$239,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 5.37% Airbnb Rental Income: $509 Traditional Rental Income: $1740 Airbnb ROI: -1.29% Traditional ROI: 5.37%
9470 FOX HILL Germantown, TN Opportunity knocks with this updated price: 6151 SF- 7 Car garage. 6000+ square feet in...	4 beds \| 6 baths \| N/A	$925,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 5% Airbnb Rental Income: $987 Traditional Rental Income: $6367 Airbnb ROI: -1.66% Traditional ROI: 5%
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 Germantown, TN Welcome to this spacious Germantown gemâan inviting one-story home designed for comfort ...	4 beds \| 3 baths \| N/A	$450,000	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 Germantown, TN Tucked in a peaceful Germantown cove, this ~4,200 sqft brick beauty blends comfort, style,...	5 beds \| 4 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 #19 Germantown, TN Rare 1,500+ sq.ft., 2 bedroom, 2 1/2 bath condo in Bavarian Village! Enjoy peace of mind &...	2 beds \| 3 baths \| N/A	$224,000	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%
8422 POPLAR Germantown, TN Welcome home to this beautifully updated Germantown gem! The entire first level boasts stu...	4 beds \| 4 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 #34 Germantown, TN Improved price plus $5000 towards buyer closing costs! Pool facing 2 bedroom, 2 1/2 Bath t...	2 beds \| 3 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%
2203 GRANDBURY Germantown, TN Charming Duntreath East Home in a Family-Friendly Cove Setting! Tucked away on a quiet cov...	4 beds \| 3 baths \| N/A	$515,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 4.84% Airbnb Rental Income: $987 Traditional Rental Income: $3403 Airbnb ROI: -0.91% Traditional ROI: 4.84%
3270 KENNEY Germantown, TN Located in a vibrant neighborhood, this spacious estate home offers an ideal layout for bo...	5 beds \| 5 baths \| N/A	$849,999	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.69% Airbnb Rental Income: $1270 Traditional Rental Income: $4662 Airbnb ROI: -1.1% Traditional ROI: 3.69%
9143 CHEATHAM Germantown, TN Completed in May 2024 by Griffin Elkington Builder, this stunning Germantown home offers 5...	5 beds \| 5 baths \| N/A	$1,330,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 2.94% Airbnb Rental Income: $1270 Traditional Rental Income: $6245 Airbnb ROI: -1.41% Traditional ROI: 2.94%
8718 SHADOWBROOK Germantown, TN Priced to Sell!! This spacious gem offers 4 large bedrooms, 3 full baths, and 2 half baths...	4 beds \| 5 baths \| N/A	$539,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 4.49% Airbnb Rental Income: $987 Traditional Rental Income: $3452 Airbnb ROI: -1.1% Traditional ROI: 4.49%
3174 WETHERBY Germantown, TN Welcome to Devonshire Gardens, offering amenities including a sparkling pool, tennis court...	5 beds \| 6 baths \| N/A	$999,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.91% Airbnb Rental Income: $1270 Traditional Rental Income: $3786 Airbnb ROI: -1.22% Traditional ROI: 1.91%
2060 N ARDEN LANDING 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: -1.06% Traditional cash on cash: 1.83% Airbnb Rental Income: $987 Traditional Rental Income: $2894 Airbnb ROI: -1.06% Traditional ROI: 1.83%
2636 FOX HILL Germantown, TN Discover your dream home in this gorgeous Southern Colonial residence tucked away on a pri...	5 beds \| 4 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 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 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 Germantown, TN Make this house your own! It's perfectly situated in Germantown's Kimbrough Woods with acc...	4 beds \| 3 baths \| N/A	$475,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.09% Airbnb Rental Income: $987 Traditional Rental Income: $2824 Airbnb ROI: -0.83% Traditional ROI: 4.09%
2368 BRACHTON 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 Germantown, TN Germantownâs newest premier Gated CommunityâOlde Field Green. This luxury home built b...	5 beds \| 6 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 Germantown, TN Stunning Regency Homebuilders model in sought-after Germantown! This 4-bedroom home offers...	4 beds \| 6 baths \| N/A	$1,900,000	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%
3239 KINDERHILL Germantown, TN Prepare to be impressed by this stunning home located in the highly sought-after Gated Ain...	4 beds \| 4 baths \| N/A	$519,900	Airbnb cash on cash: -0.91% Traditional cash on cash: 4.89% Airbnb Rental Income: $987 Traditional Rental Income: $3454 Airbnb ROI: -0.91% Traditional ROI: 4.89%
3116 CHAPEL WOODS Germantown, TN Discover exceptional new construction in sought-after Chapel Cove by veteran builder Eric ...	5 beds \| 6 baths \| N/A	$1,795,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.75% Airbnb Rental Income: $1270 Traditional Rental Income: $6617 Airbnb ROI: -0.7% Traditional ROI: 2.75%
9172 CHEATHAM Germantown, TN Germantown's newest gated development, Olde Field Green! Nestled in one of the most desira...	5 beds \| 5 baths \| N/A	$1,149,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.66% Airbnb Rental Income: $1270 Traditional Rental Income: $4760 Airbnb ROI: -0.98% Traditional ROI: 2.66%
9221 LIGGON GREEN Germantown, TN Beautiful Home in Sought after Enclave. Open and Airy with beautiful hardwood floors! Cook...	5 beds \| 4 baths \| N/A	$779,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.13% Airbnb Rental Income: $1270 Traditional Rental Income: $1685 Airbnb ROI: -0.99% Traditional ROI: 0.13%
1687 NESHOBA OAK Germantown, TN CustomÂ Albertine-built home with luxurious and high-end upgrades! Key features include cu...	5 beds \| 5 baths \| N/A	$1,100,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.83% Airbnb Rental Income: $1270 Traditional Rental Income: $4642 Airbnb ROI: -0.86% Traditional ROI: 2.83%
3056 CHAPEL WOODS Germantown, TN Discover unparalleled luxury in this expansive privately gated Germantown estate, offering...	5 beds \| 6 baths \| N/A	$1,945,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 1.68% Airbnb Rental Income: $1270 Traditional Rental Income: $6703 Airbnb ROI: -1.55% Traditional ROI: 1.68%
2467 TURPINS GLEN Germantown, TN Beautiful 4BR/3.5BA home in sought-after Germantown, just steps from Howard McVay Park! En...	4 beds \| 4 baths \| N/A	$478,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 5.71% Airbnb Rental Income: $987 Traditional Rental Income: $3521 Airbnb ROI: -0.74% Traditional ROI: 5.71%
7298 MONT BLANC Germantown, TN Highly Sought-After Gated Community in Prestigious Germantown, Step into luxury living wit...	3 beds \| 4 baths \| N/A	$629,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.68% Airbnb Rental Income: $955 Traditional Rental Income: $1677 Airbnb ROI: -1.15% Traditional ROI: 0.68%
9123 WILDER RUN Germantown, TN Completed New Construction Luxury Home in Germantown, built by Smith & Linder Homes, combi...	5 beds \| 6 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 Germantown, TN Extraordinary New Home By Griffin Elkington In The Latest Gated Subdivision Of Germantown....	5 beds \| 5 baths \| N/A	$1,275,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.29% Airbnb Rental Income: $1270 Traditional Rental Income: $4828 Airbnb ROI: -1.05% Traditional ROI: 2.29%
2639 CEDAR RIDGE Germantown, TN One-Story, 1820 sq ft home, 3 bedrooms, 2 full bathrooms, sitting room, dining room, kitch...	3 beds \| 2 baths \| N/A	$350,000	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 Germantown, TN This spacious home in highly sought after Kimbrough Woods features 4 bedrooms w/large walk...	5 beds \| 3 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%
2243 W GLENALDEN Germantown, TN Welcome to this beautifully renovated 5BR/4.5 bath home in gated Glenalden. Fully updated ...	5 beds \| 5 baths \| N/A	$869,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.94% Airbnb Rental Income: $1270 Traditional Rental Income: $2296 Airbnb ROI: -0.82% Traditional ROI: 0.94%
1847 GRAY RIDGE #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 Germantown, TN Desired neighborhood, pretty curb appeal and big corner lot, this beautifully maintained h...	4 beds \| 3 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%

Real Estate investment in Germantown, TN

There are 106 properties for sale in the city of Germantown . The median list price in Germantown is $537,000 and the average price per square foot is $289. In January 2026, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,810.

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

There are 106 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 $2,810.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

7271 MIMOSA

Germantown, TN

4 beds | 3 baths | N/A

$415,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $987

Traditional Rental Income: $2743

Airbnb ROI: -0.59%

Traditional ROI: 4.84%

8259 SAN AUGUSTINE

Germantown, TN

4 beds | 3 baths | N/A

$465,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $987

Traditional Rental Income: $2514

Airbnb ROI: -0.82%

Traditional ROI: 3.51%

6818 GREAT OAKS

Germantown, TN

3 beds | 2 baths | N/A

$335,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $955

Traditional Rental Income: $1930

Airbnb ROI: -0.46%

Traditional ROI: 3.74%

9161 BELLE FLEURS

Germantown, TN

4 beds | 6 baths | N/A

$1,299,000

Airbnb cash on cash: -1.6%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $987

Traditional Rental Income: $6363

Airbnb ROI: -1.6%

Traditional ROI: 3.15%

1806 BIRCH POST #118

Germantown, TN

2 beds | 3 baths | N/A

$239,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $509

Traditional Rental Income: $1740

Airbnb ROI: -1.29%

Traditional ROI: 5.37%

9470 FOX HILL

Germantown, TN

4 beds | 6 baths | N/A

$925,000

Airbnb cash on cash: -1.66%

Traditional cash on cash: 5%

Airbnb Rental Income: $987

Traditional Rental Income: $6367

Airbnb ROI: -1.66%

Traditional ROI: 5%

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

Germantown, TN

4 beds | 3 baths | N/A

$450,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $987

Traditional Rental Income: $2786

Airbnb ROI: -0.83%