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 Germantown, TN Gorgeous, updated, light-filled home in desirable Germantown Station! Spacious, open conce...	4 beds \| 3 baths \| N/A	$460,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.08% Airbnb Rental Income: $1667 Traditional Rental Income: $2740 Airbnb ROI: 0.5% Traditional ROI: 4.08%
1992 ALLEN COURT Germantown, TN Step into modern living with this stunning, move-in-ready home showcasing thoughtful upgra...	5 beds \| 3 baths \| N/A	$520,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.73% Airbnb Rental Income: $1469 Traditional Rental Income: $2959 Airbnb ROI: -0.23% Traditional ROI: 3.73%
2247 OTTERBURN Germantown, TN On the Water in Gated Glenalden! Lakefront home in a highly sought-after, guarded commun...	4 beds \| 5 baths \| N/A	$750,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 5.11% Airbnb Rental Income: $1667 Traditional Rental Income: $5370 Airbnb ROI: -0.86% Traditional ROI: 5.11%
6592 S POPLAR WOODS #1 Germantown, TN Welcome to 6592 Poplar Woods Circle in Germantown, Tennessee, a 2-bedroom, 2-bath condo of...	2 beds \| 2 baths \| N/A	$167,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.93% Airbnb Rental Income: $802 Traditional Rental Income: $1529 Airbnb ROI: 0.34% Traditional ROI: 6.93%
1309 BROOKSIDE Germantown, TN Welcome to a beautifully renovated home in the incredible Riverdale and Houston School dis...	4 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 4.59% Airbnb Rental Income: $1667 Traditional Rental Income: $2741 Airbnb ROI: 0.72% Traditional ROI: 4.59%
1766 DICKENS Germantown, TN Breathtaking Gorgeous 4BR/3.5 BA home. Large primary bedroom w/sitting area on the main le...	4 beds \| 4 baths \| N/A	$867,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.51% Airbnb Rental Income: $1667 Traditional Rental Income: $3802 Airbnb ROI: -0.71% Traditional ROI: 2.51%
1217 SADDLE RIDGE Germantown, TN Welcome home to this beautiful Germantown 4BR/2.5BA home with a bonus room, gunite pool, 1...	4 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.94% Airbnb Rental Income: $1667 Traditional Rental Income: $2491 Airbnb ROI: 0.7% Traditional ROI: 3.94%
8441 SHERMAN OAKS Germantown, TN Beautifully updated home in a prime locationâjust a short walk to Farmington Elementary ...	4 beds \| 3 baths \| N/A	$485,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.83% Airbnb Rental Income: $1667 Traditional Rental Income: $2756 Airbnb ROI: 0.4% Traditional ROI: 3.83%
2971 SANDY CREEK 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: 0.55% Traditional cash on cash: 4.4% Airbnb Rental Income: $1667 Traditional Rental Income: $2786 Airbnb ROI: 0.55% Traditional ROI: 4.4%
2095 NEWFIELDS Germantown, TN Amazing 4BR 2.5 BA or 3+ BONUS. w/ renovated kitchen & bathrooms. Kitchen has granite coun...	3 beds \| 3 baths \| N/A	$479,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.99% Airbnb Rental Income: $963 Traditional Rental Income: $2347 Airbnb ROI: -0.88% Traditional ROI: 2.99%
2110 WOODSIDE Germantown, TN Tons of Updates! Minutes from all your necessities, this spacious 4bd (primary down)/2.5 b...	4 beds \| 3 baths \| N/A	$420,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.73% Airbnb Rental Income: $1667 Traditional Rental Income: $2754 Airbnb ROI: 0.78% Traditional ROI: 4.73%
1654 SHADOW MOSS #22 Germantown, TN Experience completely updated living in this beautifully renovated 3 Bed, 2 and a 1/2 Bath...	3 beds \| 3 baths \| N/A	$359,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.53% Airbnb Rental Income: $963 Traditional Rental Income: $2299 Airbnb ROI: -0.45% Traditional ROI: 4.53%
2447 BIRCHTREE Germantown, TN Located in a quiet Germantown neighborhood, this updated and renovated home will be the pe...	4 beds \| 3 baths \| N/A	$400,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.89% Airbnb Rental Income: $1667 Traditional Rental Income: $2755 Airbnb ROI: 0.74% Traditional ROI: 4.89%
1898 WICKLOW Germantown, TN Welcome to this rare zero lot line home in the highly desirable Wicklow community! This ch...	3 beds \| 2 baths \| N/A	$425,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.5% Airbnb Rental Income: $963 Traditional Rental Income: $1841 Airbnb ROI: -1.58% Traditional ROI: 1.5%
8193 KIMBROOK Germantown, TN Are you looking for a home with a PRIMARY BEDROOM SUITE UP AND DOWN? If so, then here you ...	4 beds \| 4 baths \| N/A	$524,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 4.88% Airbnb Rental Income: $1667 Traditional Rental Income: $3501 Airbnb ROI: 0.19% Traditional ROI: 4.88%
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: 0.36% Traditional cash on cash: 4.93% Airbnb Rental Income: $1667 Traditional Rental Income: $3549 Airbnb ROI: 0.36% Traditional ROI: 4.93%
6976 COUNTRY #34 Germantown, TN Germantown under $270,000! Pool out the front door. 2 bedroom, 2 1/2 Bath townhome in high...	2 beds \| 3 baths \| N/A	$269,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.88% Airbnb Rental Income: $802 Traditional Rental Income: $2076 Airbnb ROI: -0.39% Traditional ROI: 5.88%
2973 OAKLEIGH Germantown, TN Beautiful Renovation in the sought after Germantown Oakleigh neighborhood with a Pool!! Br...	4 beds \| 5 baths \| N/A	$625,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.62% Airbnb Rental Income: $1667 Traditional Rental Income: $4008 Airbnb ROI: -0.19% Traditional ROI: 4.62%
1675 S RAVENHILL #19 Germantown, TN OPEN HOUSE - SUNDAY - APRIL 12th 2:00 - 4:00pm! Rare opportunity in sought-after Kimbrough...	2 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 3.88% Airbnb Rental Income: $802 Traditional Rental Income: $1672 Airbnb ROI: -0.72% Traditional ROI: 3.88%
2960 S GERMANTOWN Germantown, TN Move in ready. Recently complete renovation inside and out. Open design den kitchen dining...	5 beds \| 4 baths \| N/A	$569,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.75% Airbnb Rental Income: $1469 Traditional Rental Income: $3672 Airbnb ROI: -0.21% Traditional ROI: 4.75%
9143 CHEATHAM Germantown, TN Completed in May 2024 by Griffin Elkington Builder, this stunning Germantown home offers 5...	5 beds \| 5 baths \| N/A	$1,275,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 2.83% Airbnb Rental Income: $1469 Traditional Rental Income: $6245 Airbnb ROI: -1.56% Traditional ROI: 2.83%
2495 YESTER OAKS Germantown, TN Beautiful home in a gorgeous setting. Inground pool. Large BR's. HDWD flooring through out...	4 beds \| 6 baths \| N/A	$525,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.56% Airbnb Rental Income: $1667 Traditional Rental Income: $3923 Airbnb ROI: 0.02% Traditional ROI: 5.56%
2915 ELM RIDGE Germantown, TN Incredible 1 story charming home on quiet cove. Picturesque setting with lush landscape. N...	3 beds \| 2 baths \| N/A	$419,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.89% Airbnb Rental Income: $963 Traditional Rental Income: $2031 Airbnb ROI: -0.72% Traditional ROI: 2.89%
9354 HAWTHORN HILL Germantown, TN Wonderful updating & remodeling in highly desirable Duntreath Subd. off Johnson Rd near Wo...	4 beds \| 3 baths \| N/A	$566,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.72% Airbnb Rental Income: $1667 Traditional Rental Income: $3085 Airbnb ROI: 0.16% Traditional ROI: 3.72%
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	$799,500	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.86% Airbnb Rental Income: $1667 Traditional Rental Income: $2894 Airbnb ROI: -0.42% Traditional ROI: 1.86%
9140 CHEATHAM Germantown, TN Located in a prestigious gated Germantown community, this custom home by Frank Gusmus & ar...	5 beds \| 4 baths \| N/A	$1,150,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.64% Airbnb Rental Income: $1469 Traditional Rental Income: $3674 Airbnb ROI: -0.82% Traditional ROI: 1.64%
7150 WOODRIDGE Germantown, TN 5 bedroom/3 full bath home in great condition. Roof less than 3yrs old! 3 bedrooms down an...	5 beds \| 3 baths \| N/A	$439,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.95% Airbnb Rental Income: $1469 Traditional Rental Income: $2963 Airbnb ROI: 0.27% Traditional ROI: 4.95%
8461 ROTHCHILD #37 Germantown, TN Modern renovated end-unit condo that has been designed with creative conveniences to live ...	3 beds \| 3 baths \| N/A	$329,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.84% Airbnb Rental Income: $963 Traditional Rental Income: $1529 Airbnb ROI: -0.12% Traditional ROI: 2.84%
3116 CHAPEL WOODS Germantown, TN Discover exceptional new construction in sought-after Chapel Cove by veteran builder Eric ...	5 beds \| 6 baths \| N/A	$1,750,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.84% Airbnb Rental Income: $1469 Traditional Rental Income: $6617 Airbnb ROI: -0.59% Traditional ROI: 2.84%
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	$1,120,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 2.77% Airbnb Rental Income: $1469 Traditional Rental Income: $4760 Airbnb ROI: -0.8% Traditional ROI: 2.77%
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	$749,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.04% Airbnb Rental Income: $1469 Traditional Rental Income: $1685 Airbnb ROI: -0.89% Traditional ROI: 0.04%
1687 NESHOBA OAK Germantown, TN This exceptional residence combines refined design with high-end finishes and a prime, cen...	5 beds \| 5 baths \| N/A	$1,100,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.75% Airbnb Rental Income: $1469 Traditional Rental Income: $4642 Airbnb ROI: -0.78% Traditional ROI: 2.75%
7545 WHEATLEY Germantown, TN HURRY-unbelievable space! 4 or 5 bedrooms and 3 1/2 baths! Fabulous primary suite with of...	4 beds \| 4 baths \| N/A	$450,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 6.19% Airbnb Rental Income: $1667 Traditional Rental Income: $3547 Airbnb ROI: 0.62% Traditional ROI: 6.19%
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	$465,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.89% Airbnb Rental Income: $1667 Traditional Rental Income: $3521 Airbnb ROI: 0.56% Traditional ROI: 5.89%
9212 LIGGON GREEN Germantown, TN Beautifully designed home in Enclave Estates of Germantown offering a smart, spacious layo...	4 beds \| 4 baths \| N/A	$735,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.16% Airbnb Rental Income: $1667 Traditional Rental Income: $3715 Airbnb ROI: -0.51% Traditional ROI: 3.16%
2178 E GLENALDEN Germantown, TN Welcome to Lake living in the heart of Germantown! 4 Bedroom/3.5 Bath + Playroom Brick hom...	4 beds \| 4 baths \| N/A	$699,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.32% Airbnb Rental Income: $1667 Traditional Rental Income: $3512 Airbnb ROI: -0.22% Traditional ROI: 3.32%
9123 WILDER RUN Germantown, TN Completed January 2026 - New Luxury Home in Germantown, TN built by Smith & Linder Homes, ...	5 beds \| 6 baths \| N/A	$1,475,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.1% Airbnb Rental Income: $1469 Traditional Rental Income: $6769 Airbnb ROI: -1.09% Traditional ROI: 3.1%
9121 CHEATHAM Germantown, TN Extraordinary New Home By Griffin Elkington In The Latest Gated Subdivision Of Germantown....	5 beds \| 5 baths \| N/A	$1,225,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.33% Airbnb Rental Income: $1469 Traditional Rental Income: $4828 Airbnb ROI: -1% Traditional ROI: 2.33%
1948 CLARINGTON Germantown, TN Gorgeous, gated home in Germantown. Updated and Luxurious Nottoway home with more than 6,...	5 beds \| 7 baths \| N/A	$1,050,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.42% Airbnb Rental Income: $1469 Traditional Rental Income: $6453 Airbnb ROI: -1.12% Traditional ROI: 4.42%
1835 BRIERBROOK Germantown, TN Your private paradise awaits at 1835 Brierbrook Road! This 3BR, 2BA Germantown gem is ful...	3 beds \| 2 baths \| N/A	$395,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.19% Airbnb Rental Income: $963 Traditional Rental Income: $2032 Airbnb ROI: -0.64% Traditional ROI: 3.19%

Real Estate investment in Germantown, TN

There are 129 properties for sale in the city of Germantown . The median list price in Germantown is $515,000 and the average price per square foot is $168. In April 2026, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,763.

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

There are 129 investment properties available for sale in Germantown.

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

The ROI for Short-Term is higher than the Long-Term in Germantown with average rental income of $1,667.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

8259 SAN AUGUSTINE

Germantown, TN

4 beds | 3 baths | N/A

$460,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1667

Traditional Rental Income: $2740

Airbnb ROI: 0.5%

Traditional ROI: 4.08%

1992 ALLEN COURT

Germantown, TN

5 beds | 3 baths | N/A

$520,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1469

Traditional Rental Income: $2959

Airbnb ROI: -0.23%

Traditional ROI: 3.73%

2247 OTTERBURN

Germantown, TN

4 beds | 5 baths | N/A

$750,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $1667

Traditional Rental Income: $5370

Airbnb ROI: -0.86%

Traditional ROI: 5.11%

6592 S POPLAR WOODS #1

Germantown, TN

2 beds | 2 baths | N/A

$167,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $802

Traditional Rental Income: $1529

Airbnb ROI: 0.34%

Traditional ROI: 6.93%

1309 BROOKSIDE

Germantown, TN

4 beds | 3 baths | N/A

$425,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1667

Traditional Rental Income: $2741

Airbnb ROI: 0.72%

Traditional ROI: 4.59%

1766 DICKENS

Germantown, TN

4 beds | 4 baths | N/A

$867,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1667

Traditional Rental Income: $3802

Airbnb ROI: -0.71%

Traditional ROI: 2.51%

1217 SADDLE RIDGE

Germantown, TN

4 beds | 3 baths | N/A

$425,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1667

Traditional Rental Income: $2491

Airbnb ROI: 0.7%

Traditional ROI: 3.94%

8441 SHERMAN OAKS

Germantown, TN

4 beds | 3 baths | N/A

$485,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $1667

Traditional Rental Income: $2756

Airbnb ROI: 0.4%