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
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: 2.11% Traditional cash on cash: 3.74% Airbnb Rental Income: $1927 Traditional Rental Income: $1930 Airbnb ROI: 2.11% 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	$1,325,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 3.07% Airbnb Rental Income: $1186 Traditional Rental Income: $6363 Airbnb ROI: -1.45% Traditional ROI: 3.07%
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	$249,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 5.12% Airbnb Rental Income: $526 Traditional Rental Income: $1740 Airbnb ROI: -1.21% Traditional ROI: 5.12%
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: -1.28% Traditional cash on cash: 5.62% Airbnb Rental Income: $526 Traditional Rental Income: $1975 Airbnb ROI: -1.28% 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	$364,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.79% Airbnb Rental Income: $1186 Traditional Rental Income: $2410 Airbnb ROI: 0.08% Traditional ROI: 4.79%
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	$179,999	Airbnb cash on cash: 6.08% Traditional cash on cash: 10.64% Airbnb Rental Income: $1927 Traditional Rental Income: $2198 Airbnb ROI: 6.08% Traditional ROI: 10.64%
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: -1.47% Traditional cash on cash: 5% Airbnb Rental Income: $1186 Traditional Rental Income: $6367 Airbnb ROI: -1.47% Traditional ROI: 5%
7701 OLD VILLAGE Germantown, TN Discover this well-maintained 3-bed, 3-bath home at 7701 Old Village Cove in the heart of ...	3 beds \| 3 baths \| N/A	$456,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.7% Airbnb Rental Income: $1927 Traditional Rental Income: $2493 Airbnb ROI: 1.18% Traditional ROI: 3.7%
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: -0.27% Traditional cash on cash: 4.45% Airbnb Rental Income: $1186 Traditional Rental Income: $2786 Airbnb ROI: -0.27% Traditional ROI: 4.45%
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: -0.05% Traditional cash on cash: 3.35% Airbnb Rental Income: $1908 Traditional Rental Income: $3704 Airbnb ROI: -0.05% Traditional ROI: 3.35%
7503 BAVARIAN #19 Germantown, TN Be in your new condo before the holidays! Rare 1,500+ sq.ft., 2 bedroom, 2 1/2 bath condo ...	2 beds \| 3 baths \| N/A	$224,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 7.41% Airbnb Rental Income: $526 Traditional Rental Income: $2044 Airbnb ROI: -1.05% Traditional ROI: 7.41%
1923 RYE Germantown, TN Discover a rare SINGLE-FAMILY home in Germantown that offers all the benefits of homeowner...	3 beds \| 3 baths \| N/A	$373,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.48% Airbnb Rental Income: $1927 Traditional Rental Income: $2327 Airbnb ROI: 1.88% Traditional ROI: 4.48%
2584 CEDAR RIDGE Germantown, TN Spacious, one-story home in a quiet Germantown neighborhood. Ideally located just minutes ...	4 beds \| 3 baths \| N/A	$345,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 6.25% Airbnb Rental Income: $1186 Traditional Rental Income: $2789 Airbnb ROI: 0.11% Traditional ROI: 6.25%
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: -0.42% Traditional cash on cash: 4.93% Airbnb Rental Income: $1186 Traditional Rental Income: $3549 Airbnb ROI: -0.42% Traditional ROI: 4.93%
6976 COUNTRY #34 Germantown, TN Germantown living for a great price including $5000 towards buyer closing costs. Pool fron...	2 beds \| 3 baths \| N/A	$289,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 5.42% Airbnb Rental Income: $526 Traditional Rental Income: $2076 Airbnb ROI: -1.27% Traditional ROI: 5.42%
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: -0.56% Traditional cash on cash: 4.84% Airbnb Rental Income: $1186 Traditional Rental Income: $3403 Airbnb ROI: -0.56% 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: -0.43% Traditional cash on cash: 3.69% Airbnb Rental Income: $1908 Traditional Rental Income: $4662 Airbnb ROI: -0.43% 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: -0.98% Traditional cash on cash: 2.94% Airbnb Rental Income: $1908 Traditional Rental Income: $6245 Airbnb ROI: -0.98% 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	$599,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.95% Airbnb Rental Income: $1186 Traditional Rental Income: $3452 Airbnb ROI: -0.8% Traditional ROI: 3.95%
1793 HAYDEN Germantown, TN MOTIVATED SELLER please bring any reasonable offer. This beautiful 4 bedroom 3 bathroom ho...	4 beds \| 3 baths \| N/A	$375,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.97% Airbnb Rental Income: $1186 Traditional Rental Income: $2659 Airbnb ROI: -0.31% Traditional ROI: 4.97%
3174 WETHERBY Germantown, TN Welcome to Devonshire Gardens, offering amenities including a sparkling pool, tennis court...	5 beds \| 6 baths \| N/A	$1,030,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.83% Airbnb Rental Income: $1908 Traditional Rental Income: $3786 Airbnb ROI: -0.66% 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	$1,100,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.63% Airbnb Rental Income: $1908 Traditional Rental Income: $3707 Airbnb ROI: -0.62% Traditional ROI: 1.63%
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: -0.51% Traditional cash on cash: 1.57% Airbnb Rental Income: $1908 Traditional Rental Income: $3674 Airbnb ROI: -0.51% 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	$452,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.79% Airbnb Rental Income: $1908 Traditional Rental Income: $2963 Airbnb ROI: 1.1% Traditional ROI: 4.79%
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: 0.82% Traditional cash on cash: 5.29% Airbnb Rental Income: $1908 Traditional Rental Income: $3532 Airbnb ROI: 0.82% 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	$460,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.08% Airbnb Rental Income: $1186 Traditional Rental Income: $2255 Airbnb ROI: -0.3% Traditional ROI: 3.08%
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: -0.49% Traditional cash on cash: 3.84% Airbnb Rental Income: $1186 Traditional Rental Income: $2824 Airbnb ROI: -0.49% 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	$2,075,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.36% Airbnb Rental Income: $1186 Traditional Rental Income: $5998 Airbnb ROI: -1.34% Traditional ROI: 1.36%
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	$499,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.72% Airbnb Rental Income: $1186 Traditional Rental Income: $2721 Airbnb ROI: -0.39% Traditional ROI: 3.72%
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: -0.6% Traditional cash on cash: 3.79% Airbnb Rental Income: $1908 Traditional Rental Income: $6601 Airbnb ROI: -0.6% 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: -1.3% Traditional cash on cash: 1.93% Airbnb Rental Income: $1186 Traditional Rental Income: $6498 Airbnb ROI: -1.3% 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: -0.4% Traditional cash on cash: 5.07% Airbnb Rental Income: $1186 Traditional Rental Income: $3454 Airbnb ROI: -0.4% Traditional ROI: 5.07%
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: -0.38% Traditional cash on cash: 2.75% Airbnb Rental Income: $1908 Traditional Rental Income: $6617 Airbnb ROI: -0.38% 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: -1.16% Traditional cash on cash: 4.21% Airbnb Rental Income: $526 Traditional Rental Income: $1517 Airbnb ROI: -1.16% Traditional ROI: 4.21%
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	$1,150,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.66% Airbnb Rental Income: $1908 Traditional Rental Income: $4760 Airbnb ROI: -0.48% Traditional ROI: 2.66%
9221 LIGGON GREEN Germantown, TN Beautiful Home in Sought after Enclave in Germantown. Open and Airy with beautiful hardwoo...	5 beds \| 4 baths \| N/A	$799,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 0.1% Airbnb Rental Income: $1908 Traditional Rental Income: $1685 Airbnb ROI: -0.28% Traditional ROI: 0.1%
1687 NESHOBA OAK Germantown, TN CustomÂ Albertine-built home with luxurious and high-end upgrades! Like new and spotless f...	5 beds \| 5 baths \| N/A	$1,100,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.83% Airbnb Rental Income: $1908 Traditional Rental Income: $4642 Airbnb ROI: -0.34% Traditional ROI: 2.83%
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: -1.23% Traditional cash on cash: 6.27% Airbnb Rental Income: $526 Traditional Rental Income: $1881 Airbnb ROI: -1.23% Traditional ROI: 6.27%
9615 SPRING HOLLOW Germantown, TN Best value $ per sq fBring an offer on one of the top locations in Dogwood Grove on a priv...	5 beds \| 5 baths \| N/A	$799,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.8% Airbnb Rental Income: $1908 Traditional Rental Income: $4576 Airbnb ROI: -0.46% Traditional ROI: 3.8%
3056 CHAPEL WOODS Germantown, TN Discover unparalleled luxury in this expansive privately gated Germantown estate, offering...	5 beds \| 6 baths \| N/A	$1,995,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 1.61% Airbnb Rental Income: $1908 Traditional Rental Income: $6703 Airbnb ROI: -1.25% Traditional ROI: 1.61%

Real Estate investment in Germantown, TN

There are 122 properties for sale in the city of Germantown . The median list price in Germantown is $523,950 and the average price per square foot is $144. In December 2025, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,768.

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

There are 122 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 $1,186.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

6818 GREAT OAKS

Germantown, TN

3 beds | 2 baths | N/A

$335,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1927

Traditional Rental Income: $1930

Airbnb ROI: 2.11%

Traditional ROI: 3.74%

9161 BELLE FLEURS

Germantown, TN

4 beds | 6 baths | N/A

$1,325,000

Airbnb cash on cash: -1.45%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1186

Traditional Rental Income: $6363

Airbnb ROI: -1.45%

Traditional ROI: 3.07%

1806 BIRCH POST #118

Germantown, TN

2 beds | 3 baths | N/A

$249,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $526

Traditional Rental Income: $1740

Airbnb ROI: -1.21%

Traditional ROI: 5.12%

7469 GERMANTOWN

Germantown, TN

2 beds | 3 baths | N/A

$265,000

Airbnb cash on cash: -1.28%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $526

Traditional Rental Income: $1975

Airbnb ROI: -1.28%

Traditional ROI: 5.62%

7617 HOLLOW FORK

Germantown, TN

4 beds | 2 baths | N/A

$364,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1186

Traditional Rental Income: $2410

Airbnb ROI: 0.08%

Traditional ROI: 4.79%

6617 S POPLAR WOODS #2

Germantown, TN

3 beds | 3 baths | N/A

$179,999

Airbnb cash on cash: 6.08%

Traditional cash on cash: 10.64%

Airbnb Rental Income: $1927

Traditional Rental Income: $2198

Airbnb ROI: 6.08%

Traditional ROI: 10.64%

9470 FOX HILL

Germantown, TN

4 beds | 6 baths | N/A

$925,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 5%

Airbnb Rental Income: $1186

Traditional Rental Income: $6367

Airbnb ROI: -1.47%

Traditional ROI: 5%

7701 OLD VILLAGE

Germantown, TN

3 beds | 3 baths | N/A

$456,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1927

Traditional Rental Income: $2493

Airbnb ROI: 1.18%