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
8843 CALKINS Germantown, TN Beautifully updated home in a quaint cove, just a short walk to Dogwood Elementary and the...	4 beds \| 3 baths \| N/A	$499,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.57% Airbnb Rental Income: $1255 Traditional Rental Income: $2674 Airbnb ROI: -0.32% Traditional ROI: 3.57%
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	$350,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.54% Airbnb Rental Income: $1697 Traditional Rental Income: $1930 Airbnb ROI: 1.39% Traditional ROI: 3.54%
1636 POPLAR ESTATES Germantown, TN Poplar Estates Beauty â 4BR, Updated & Move-In Ready! Discover this charming 4-bedroom, ...	4 beds \| 2 baths \| N/A	$389,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.83% Airbnb Rental Income: $1255 Traditional Rental Income: $2273 Airbnb ROI: -0.05% Traditional ROI: 3.83%
2598 CEDAR RIDGE Germantown, TN NEW roof June 2025, NEW water heater 2025, Newer HVAC. This home is ready for your family ...	4 beds \| 3 baths \| N/A	$399,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.02% Airbnb Rental Income: $1255 Traditional Rental Income: $2756 Airbnb ROI: -0.05% Traditional ROI: 5.02%
8091 RIDGETOWN Germantown, TN Freshly updated and move-in ready, this spacious home offers nearly 3,000 square feet of c...	4 beds \| 3 baths \| N/A	$449,999	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.4% Airbnb Rental Income: $1255 Traditional Rental Income: $2789 Airbnb ROI: -0.19% Traditional ROI: 4.4%
7469 GERMANTOWN Germantown, TN LOCATION LOCATION LOCATION!! This condo has been COMPLETELY RENOVATED!! New hardwood floor...	2 beds \| 3 baths \| N/A	$265,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.62% Airbnb Rental Income: $858 Traditional Rental Income: $1975 Airbnb ROI: -0.17% Traditional ROI: 5.62%
7617 HOLLOW FORK Germantown, TN Your Germantown dream home awaits! This 4 bedroom/2 bathroom home is located less than a ...	4 beds \| 2 baths \| N/A	$374,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.64% Airbnb Rental Income: $1255 Traditional Rental Income: $2410 Airbnb ROI: 0.22% Traditional ROI: 4.64%
6617 S POPLAR WOODS #2 Germantown, TN Donât miss this beautifully updated 3-bedroom, 2.5-bathroom condo in the desirable Fount...	3 beds \| 3 baths \| N/A	$185,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 10.33% Airbnb Rental Income: $1697 Traditional Rental Income: $2198 Airbnb ROI: 4.8% Traditional ROI: 10.33%
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: -1.4% Traditional cash on cash: 5% Airbnb Rental Income: $1255 Traditional Rental Income: $6367 Airbnb ROI: -1.4% Traditional ROI: 5%
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	$739,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.27% Airbnb Rental Income: $2216 Traditional Rental Income: $3704 Airbnb ROI: 0.3% Traditional ROI: 3.27%
7503 BAVARIAN #19 Germantown, TN Rare 2BD/2.5BA condo in Bavarian Village! Enjoy peace of mind and low-maintenance living i...	2 beds \| 3 baths \| N/A	$224,350	Airbnb cash on cash: 0.25% Traditional cash on cash: 7.4% Airbnb Rental Income: $858 Traditional Rental Income: $2044 Airbnb ROI: 0.25% Traditional ROI: 7.4%
1923 RYE Germantown, TN Welcome to 1923 Rye Road a beautifully maintained 3-bedroom, 2.5-bath home thatâs tr...	3 beds \| 3 baths \| N/A	$390,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.25% Airbnb Rental Income: $1697 Traditional Rental Income: $2327 Airbnb ROI: 1.23% Traditional ROI: 4.25%
8018 CROSS PIKE Germantown, TN Exquisite and charming single-story brick home now available in the highly desirable and p...	4 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.86% Airbnb Rental Income: $1255 Traditional Rental Income: $2763 Airbnb ROI: -0.04% Traditional ROI: 4.86%
8451 DONEGAL Germantown, TN This Impressive home offers following features. the layout of the master bedroom on the ma...	3 beds \| 3 baths \| N/A	$387,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.58% Airbnb Rental Income: $1697 Traditional Rental Income: $2464 Airbnb ROI: 1.18% Traditional ROI: 4.58%
8405 WESTFAIR Germantown, TN FRESH PRICE â BELOW NEIGHBORHOOD COMPS Zoned for top-rated Germantown schools and minute...	3 beds \| 3 baths \| N/A	$359,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.18% Airbnb Rental Income: $1697 Traditional Rental Income: $2225 Airbnb ROI: 1.22% Traditional ROI: 4.18%
2584 CEDAR RIDGE Germantown, TN Spacious, one-story home in a quiet Germantown neighborhood. Ideally located just minutes ...	4 beds \| 3 baths \| N/A	$370,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.77% Airbnb Rental Income: $1255 Traditional Rental Income: $2789 Airbnb ROI: 0.2% Traditional ROI: 5.77%
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: -0.31% Traditional cash on cash: 4.93% Airbnb Rental Income: $1255 Traditional Rental Income: $3549 Airbnb ROI: -0.31% Traditional ROI: 4.93%
6976 COUNTRY #34 Germantown, TN Seller to pay $5000 closing costs with full price offer. Germantown living for a great pri...	2 beds \| 3 baths \| N/A	$289,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 5.42% Airbnb Rental Income: $858 Traditional Rental Income: $2076 Airbnb ROI: -0.26% Traditional ROI: 5.42%
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: -0.1% Traditional cash on cash: 3.69% Airbnb Rental Income: $2216 Traditional Rental Income: $4662 Airbnb ROI: -0.1% 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: -0.77% Traditional cash on cash: 2.94% Airbnb Rental Income: $2216 Traditional Rental Income: $6245 Airbnb ROI: -0.77% Traditional ROI: 2.94%
8718 SHADOWBROOK Germantown, TN This spacious gem offers 4 large bedrooms, 3 full baths, and 2 half baths, providing plent...	4 beds \| 5 baths \| N/A	$615,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 3.82% Airbnb Rental Income: $1255 Traditional Rental Income: $3452 Airbnb ROI: -0.7% Traditional ROI: 3.82%
1793 HAYDEN Germantown, TN BACK ON THE MARKET WITH A FRESH NEW LOOK!!!! This beautiful 4 bedroom 3 bathroom home nes...	4 beds \| 3 baths \| N/A	$455,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.94% Airbnb Rental Income: $1255 Traditional Rental Income: $2659 Airbnb ROI: -0.29% Traditional ROI: 3.94%
2899 CROSS COUNTRY Germantown, TN Spacious & stylish in the heart of Germantown! This 4BR/2.5BA home offers over 3,000 SF of...	4 beds \| 3 baths \| N/A	$447,500	Airbnb cash on cash: -0.14% Traditional cash on cash: 4.33% Airbnb Rental Income: $1255 Traditional Rental Income: $2731 Airbnb ROI: -0.14% Traditional ROI: 4.33%
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	$1,125,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.57% Airbnb Rental Income: $2216 Traditional Rental Income: $3707 Airbnb ROI: -0.39% Traditional ROI: 1.57%
9140 CHEATHAM Germantown, TN Located in a prestigious gated Germantown community, this custom home by Frank Gusmus and ...	5 beds \| 4 baths \| N/A	$1,195,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.52% Airbnb Rental Income: $2216 Traditional Rental Income: $3674 Airbnb ROI: -0.3% Traditional ROI: 1.52%
1380 POPLAR ESTATES Germantown, TN Open house this weekend! Fall in love with this stunning 5BR/3BA retreat on a lush corner ...	5 beds \| 3 baths \| N/A	$510,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.29% Airbnb Rental Income: $2216 Traditional Rental Income: $3532 Airbnb ROI: 1.36% Traditional ROI: 5.29%
7215 PLANTATION Germantown, TN Updated Germantown home in popular Nashoba Plantation(Just named Germantown's 2025 NEIGHBO...	4 beds \| 3 baths \| N/A	$469,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 3% Airbnb Rental Income: $1255 Traditional Rental Income: $2255 Airbnb ROI: -0.18% Traditional ROI: 3%
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	$500,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.84% Airbnb Rental Income: $1255 Traditional Rental Income: $2824 Airbnb ROI: -0.36% Traditional ROI: 3.84%
3235 CADDIS Germantown, TN Ken Garland Custom Homes Vesta Show Home " The Stallion " 4 bedrooms, 4 full baths, 2 half...	4 beds \| 6 baths \| N/A	$2,175,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.22% Airbnb Rental Income: $1255 Traditional Rental Income: $5998 Airbnb ROI: -1.33% Traditional ROI: 1.22%
2368 BRACHTON Germantown, TN Back on the market- and better than ever! Don't miss this rare chance to own a beautifull...	4 beds \| 3 baths \| N/A	$509,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.62% Airbnb Rental Income: $1255 Traditional Rental Income: $2721 Airbnb ROI: -0.29% Traditional ROI: 3.62%
9207 LIGGON GREEN Germantown, TN Brand new 30 year shingle roof. Transferable warranty. 39â Deep Garage. Great for boat s...	4 beds \| 4 baths \| N/A	$770,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.17% Airbnb Rental Income: $1255 Traditional Rental Income: $3120 Airbnb ROI: -0.99% Traditional ROI: 2.17%
1968 MCCLELLAN Germantown, TN In gated Rowan Oak, home is highlighted by large rooms and flexible spaces for empty-neste...	4 beds \| 4 baths \| N/A	$599,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.27% Airbnb Rental Income: $1255 Traditional Rental Income: $3732 Airbnb ROI: -0.86% Traditional ROI: 4.27%
9170 OLD GREEN Germantown, TN Germantownâs newest premier Gated CommunityâOlde Field Green. This luxury home built b...	5 beds \| 6 baths \| N/A	$1,295,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 3.7% Airbnb Rental Income: $2216 Traditional Rental Income: $6601 Airbnb ROI: -0.41% Traditional ROI: 3.7%
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: -1.27% Traditional cash on cash: 1.93% Airbnb Rental Income: $1255 Traditional Rental Income: $6498 Airbnb ROI: -1.27% 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	$525,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.01% Airbnb Rental Income: $1255 Traditional Rental Income: $3454 Airbnb ROI: -0.29% Traditional ROI: 5.01%
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: -0.23% Traditional cash on cash: 2.75% Airbnb Rental Income: $2216 Traditional Rental Income: $6617 Airbnb ROI: -0.23% Traditional ROI: 2.75%
1843 EAGLE BRANCH #50 Germantown, TN Beautiful luxurious modern condo, with stunning hardwood floors and updated kitchen boasti...	2 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.21% Airbnb Rental Income: $858 Traditional Rental Income: $1517 Airbnb ROI: 0.01% Traditional ROI: 4.21%
9172 CHEATHAM Germantown, TN Germantown's newest gated development, Olde Field Green! Nestled in one of the most desira...	4 beds \| 5 baths \| N/A	$1,165,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.6% Airbnb Rental Income: $1255 Traditional Rental Income: $4760 Airbnb ROI: -1% Traditional ROI: 2.6%
1687 NESHOBA OAK Germantown, TN This better-than-new Germantown beauty is filled with upgrades & luxurious details. From t...	5 beds \| 5 baths \| N/A	$1,150,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.02% Airbnb Rental Income: $2216 Traditional Rental Income: $4642 Airbnb ROI: 0.23% Traditional ROI: 3.02%
1838 FERNSPRING #36 Germantown, TN Great opportunity to live in the heart of Germantown with little maintainance required, ni...	2 beds \| 3 baths \| N/A	$229,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 6.27% Airbnb Rental Income: $858 Traditional Rental Income: $1881 Airbnb ROI: 0.04% Traditional ROI: 6.27%

Real Estate investment in Germantown, TN

There are 134 properties for sale in the city of Germantown . The median list price in Germantown is $524,950 and the average price per square foot is $NaN. In October 2025, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,765.

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

There are 134 investment properties available for sale in Germantown.

In 2025, 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 $1,255.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

8843 CALKINS

Germantown, TN

4 beds | 3 baths | N/A

$499,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1255

Traditional Rental Income: $2674

Airbnb ROI: -0.32%

Traditional ROI: 3.57%

6818 GREAT OAKS

Germantown, TN

3 beds | 2 baths | N/A

$350,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1697

Traditional Rental Income: $1930

Airbnb ROI: 1.39%

Traditional ROI: 3.54%

1636 POPLAR ESTATES

Germantown, TN

4 beds | 2 baths | N/A

$389,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $1255

Traditional Rental Income: $2273

Airbnb ROI: -0.05%

Traditional ROI: 3.83%

2598 CEDAR RIDGE

Germantown, TN

4 beds | 3 baths | N/A

$399,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $1255

Traditional Rental Income: $2756

Airbnb ROI: -0.05%

Traditional ROI: 5.02%

8091 RIDGETOWN

Germantown, TN

4 beds | 3 baths | N/A

$449,999

Airbnb cash on cash: -0.19%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $1255

Traditional Rental Income: $2789

Airbnb ROI: -0.19%

Traditional ROI: 4.4%

7469 GERMANTOWN

Germantown, TN

2 beds | 3 baths | N/A

$265,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $858

Traditional Rental Income: $1975

Airbnb ROI: -0.17%

Traditional ROI: 5.62%

7617 HOLLOW FORK

Germantown, TN

4 beds | 2 baths | N/A

$374,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1255

Traditional Rental Income: $2410

Airbnb ROI: 0.22%

Traditional ROI: 4.64%

6617 S POPLAR WOODS #2

Germantown, TN

3 beds | 3 baths | N/A

$185,000

Airbnb cash on cash: 4.8%

Traditional cash on cash: 10.33%

Airbnb Rental Income: $1697

Traditional Rental Income: $2198

Airbnb ROI: 4.8%