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

separator

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	$524,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.35% Airbnb Rental Income: $1927 Traditional Rental Income: $2674 Airbnb ROI: 0.79% Traditional ROI: 3.35%
2570 ROSEHAVEN Germantown, TN 25K PRICE DROP! MOTIVATED SELLER!! Welcome to this charming 4-bedroom, 2-bath home nestle...	4 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.68% Airbnb Rental Income: $1927 Traditional Rental Income: $2278 Airbnb ROI: 2.06% Traditional ROI: 4.68%
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	$380,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.19% Airbnb Rental Income: $1456 Traditional Rental Income: $1930 Airbnb ROI: 0.64% Traditional ROI: 3.19%
2598 CEDAR RIDGE Germantown, TN NEW ROOF, NEW WATER HEATER, PRICE REDUCTION! Move in ready home on a corner lot in Germant...	4 beds \| 3 baths \| N/A	$410,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.87% Airbnb Rental Income: $1927 Traditional Rental Income: $2756 Airbnb ROI: 1.39% Traditional ROI: 4.87%
7469 GERMANTOWN Germantown, TN LOCATION LOCATION LOCATION!! This condo has been COMPLETELY RENOVATED!! New hardwood floor...	2 beds \| 3 baths \| N/A	$275,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.38% Airbnb Rental Income: $819 Traditional Rental Income: $1975 Airbnb ROI: -0.33% Traditional ROI: 5.38%
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	$374,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.63% Airbnb Rental Income: $1927 Traditional Rental Income: $2410 Airbnb ROI: 1.8% Traditional ROI: 4.63%
2835 HUNTERS FOREST Germantown, TN This beautifully landscaped Colonial offers over 3,900 sq ft of living space designed for ...	4 beds \| 3 baths \| N/A	$519,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.49% Airbnb Rental Income: $1927 Traditional Rental Income: $2778 Airbnb ROI: 0.69% Traditional ROI: 3.49%
9470 FOX HILL Germantown, TN 6151 SF- NEW PRICE: 7 Car garage. 6000+ square feet in The Highlands on 1.19 acres. The ...	4 beds \| 6 baths \| N/A	$965,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 4.75% Airbnb Rental Income: $1927 Traditional Rental Income: $6367 Airbnb ROI: -0.76% Traditional ROI: 4.75%
9051 TERRENE Germantown, TN This exquisite 5-bedroom, 4-bath luxury home offers refined living with high-end finishes ...	5 beds \| 4 baths \| N/A	$775,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.84% Airbnb Rental Income: $2271 Traditional Rental Income: $3600 Airbnb ROI: 0.21% Traditional ROI: 2.84%
8018 CROSS VILLAGE Germantown, TN Spacious Home in Prime Germantown Location! Donât miss this beautifully maintained 4-bed...	4 beds \| 3 baths \| N/A	$400,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.13% Airbnb Rental Income: $1927 Traditional Rental Income: $2769 Airbnb ROI: 1.52% Traditional ROI: 5.13%
8980 ARDEN MEADOWS Germantown, TN 3000sf Country French! Luxury Master + SECOND BR down! 5 BR + 3 Bonus Rooms! Hearth Rm +Ki...	4 beds \| 3 baths \| N/A	$566,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.32% Airbnb Rental Income: $1927 Traditional Rental Income: $2885 Airbnb ROI: 0.54% Traditional ROI: 3.32%
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: 0.37% Traditional cash on cash: 3.27% Airbnb Rental Income: $2271 Traditional Rental Income: $3704 Airbnb ROI: 0.37% Traditional ROI: 3.27%
9297 CIELO Germantown, TN Welcome to this stunning 4-bed, 3.5-bath home with a spacious bonus room and 4-car garage,...	4 beds \| 4 baths \| N/A	$699,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.47% Airbnb Rental Income: $1927 Traditional Rental Income: $3584 Airbnb ROI: 0.15% Traditional ROI: 3.47%
7503 BAVARIAN #19 Germantown, TN Rare 2BD/2.5BA condo in Bavarian Village! Enjoy low-maintenance living in the heart of Ger...	2 beds \| 3 baths \| N/A	$224,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 7.38% Airbnb Rental Income: $819 Traditional Rental Income: $2044 Airbnb ROI: 0.1% Traditional ROI: 7.38%
1764 CHERTSY Germantown, TN Welcome to 1764 Chertsy in the heart of Germantown, just steps to the best this beloved co...	3 beds \| 3 baths \| N/A	$389,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.25% Airbnb Rental Income: $1456 Traditional Rental Income: $2382 Airbnb ROI: 0.54% Traditional ROI: 4.25%
1923 RYE Germantown, TN Welcome to 1923 Rye Road. Upon entering this East-facing home, you'll be greeted with soar...	3 beds \| 3 baths \| N/A	$399,999	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.12% Airbnb Rental Income: $1456 Traditional Rental Income: $2327 Airbnb ROI: 0.64% Traditional ROI: 4.12%
8749 SOMERSET Germantown, TN Welcome to 8749 Somerset in the heart of Germantownâa beautifully maintained home that b...	4 beds \| 4 baths \| N/A	$645,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.63% Airbnb Rental Income: $1927 Traditional Rental Income: $3496 Airbnb ROI: 0.18% Traditional ROI: 3.63%
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: 0.62% Traditional cash on cash: 4.58% Airbnb Rental Income: $1456 Traditional Rental Income: $2464 Airbnb ROI: 0.62% Traditional ROI: 4.58%
8405 WESTFAIR Germantown, TN PRICE IMPROVEMENT - This 2400 sq ft home offers a low-maintenance yard, walkable access to...	3 beds \| 3 baths \| N/A	$369,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.04% Airbnb Rental Income: $1456 Traditional Rental Income: $2225 Airbnb ROI: 0.58% Traditional ROI: 4.04%
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: 0.78% Traditional cash on cash: 4.93% Airbnb Rental Income: $1927 Traditional Rental Income: $3549 Airbnb ROI: 0.78% Traditional ROI: 4.93%
9316 FOREST HILL Germantown, TN A circular drive welcomes you to this breathtaking Germantown home, offering security, cur...	4 beds \| 5 baths \| N/A	$1,295,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.83% Airbnb Rental Income: $1927 Traditional Rental Income: $4285 Airbnb ROI: -0.55% Traditional ROI: 1.83%
1699 CEDARCREST Germantown, TN 3BR/2BA 1-story home in quiet cove - just 1-block from Riverdale School! This well-maintai...	3 beds \| 2 baths \| N/A	$415,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.34% Airbnb Rental Income: $1456 Traditional Rental Income: $2543 Airbnb ROI: 0.43% Traditional ROI: 4.34%
2960 S GERMANTOWN Germantown, TN Agent is seller. Complete renovation inside and out. Open design den kitchen dining room. ...	5 beds \| 4 baths \| N/A	$589,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.75% Airbnb Rental Income: $2271 Traditional Rental Income: $3672 Airbnb ROI: 1.18% Traditional ROI: 4.75%
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	$875,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.56% Airbnb Rental Income: $2271 Traditional Rental Income: $4662 Airbnb ROI: -0.07% Traditional ROI: 3.56%
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: 1.19% Traditional cash on cash: 4.33% Airbnb Rental Income: $1927 Traditional Rental Income: $2731 Airbnb ROI: 1.19% Traditional ROI: 4.33%
2465 DOGWOOD TRAIL Germantown, TN A Gem in Germantown! ALL ON 1 LEVEL! 4 Bedrooms 2.5 Baths, Living Rm, Dining Rm, Huge Kit...	4 beds \| 3 baths \| N/A	$495,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.66% Airbnb Rental Income: $1927 Traditional Rental Income: $2742 Airbnb ROI: 0.8% Traditional ROI: 3.66%
8843 DOGWOOD Germantown, TN Great Germantown neighborhood and walking distance to Dogwood Elementary. Spacious Great r...	3 beds \| 3 baths \| N/A	$445,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.37% Airbnb Rental Income: $1456 Traditional Rental Income: $2740 Airbnb ROI: 0.25% Traditional ROI: 4.37%
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	$848,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.8% Airbnb Rental Income: $1927 Traditional Rental Income: $2894 Airbnb ROI: -0.07% Traditional ROI: 1.8%
7924 SIGNATURE Germantown, TN Indulge in the epitome of Germantown luxury within the exclusive gated community of The Pi...	4 beds \| 7 baths \| N/A	$2,295,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 0.72% Airbnb Rental Income: $1927 Traditional Rental Income: $6026 Airbnb ROI: -1.45% Traditional ROI: 0.72%
8596 WOODLANE Germantown, TN Impeccably maintained Oakleigh gem packed with high-end upgrades! All bedrooms up + large ...	4 beds \| 3 baths \| N/A	$640,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.74% Airbnb Rental Income: $1927 Traditional Rental Income: $2792 Airbnb ROI: 0.44% Traditional ROI: 2.74%
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: -0.34% Traditional cash on cash: 1.57% Airbnb Rental Income: $2271 Traditional Rental Income: $3707 Airbnb ROI: -0.34% 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: -0.26% Traditional cash on cash: 1.52% Airbnb Rental Income: $2271 Traditional Rental Income: $3674 Airbnb ROI: -0.26% Traditional ROI: 1.52%
7150 WOODRIDGE Germantown, TN ASSUMABLE VA LOAN with ~$18,000 equity. Approximate Loan Balance ~ $447,000. 5.25% rate. ...	5 beds \| 3 baths \| N/A	$465,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.63% Airbnb Rental Income: $2271 Traditional Rental Income: $2963 Airbnb ROI: 1.74% Traditional ROI: 4.63%
9200 FOREST HILL Germantown, TN *Unbelievable NEW Price* Exceptional 1-acre professionally landscaped luxury home loc...	5 beds \| 6 baths \| N/A	$1,275,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 2.87% Airbnb Rental Income: $2271 Traditional Rental Income: $5858 Airbnb ROI: -0.64% Traditional ROI: 2.87%
7215 PLANTATION Germantown, TN Updated Germantown home in popular Nashoba Plantation which is a PUD with 48 (attached and...	4 beds \| 3 baths \| N/A	$469,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 3% Airbnb Rental Income: $1927 Traditional Rental Income: $2255 Airbnb ROI: 1.09% Traditional ROI: 3%
8222 DOGWOOD Germantown, TN Welcome to your next home in Germantownâs Kimbrough Woods! This 4BR/3BA beauty has space...	4 beds \| 3 baths \| N/A	$579,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.19% Airbnb Rental Income: $1927 Traditional Rental Income: $2824 Airbnb ROI: 0.59% Traditional ROI: 3.19%
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: -1.05% Traditional cash on cash: 1.22% Airbnb Rental Income: $1927 Traditional Rental Income: $5998 Airbnb ROI: -1.05% Traditional ROI: 1.22%
2368 BRACHTON Germantown, TN Back on the market with improvements. Rare opportunity to own a home with 4 large bedroom...	4 beds \| 3 baths \| N/A	$524,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.49% Airbnb Rental Income: $1927 Traditional Rental Income: $2721 Airbnb ROI: 0.84% Traditional ROI: 3.49%
2485 REGENTS Germantown, TN Welcome to this charming 4 bed, 2.5 bath home nestled in the highly sought after Oaks of G...	4 beds \| 3 baths \| N/A	$437,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.72% Airbnb Rental Income: $1927 Traditional Rental Income: $2788 Airbnb ROI: 1.38% Traditional ROI: 4.72%
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: 0.14% Traditional cash on cash: 4.27% Airbnb Rental Income: $1927 Traditional Rental Income: $3732 Airbnb ROI: 0.14% Traditional ROI: 4.27%

Real Estate investment in Germantown, TN

There are 145 properties for sale in the city of Germantown . The median list price in Germantown is $524,900 and the average price per square foot is $NaN. In September 2025, the average monthly cash on cash return in Germantown is 3.00%. The average monthly rental income in Germantown is $2,769.

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

There are 145 investment properties available for sale in Germantown.

In 2025, 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 $2,769.

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

$524,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1927

Traditional Rental Income: $2674

Airbnb ROI: 0.79%

Traditional ROI: 3.35%

2570 ROSEHAVEN

Germantown, TN

4 beds | 2 baths | N/A

$350,000

Airbnb cash on cash: 2.06%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $1927

Traditional Rental Income: $2278

Airbnb ROI: 2.06%

Traditional ROI: 4.68%

6818 GREAT OAKS

Germantown, TN

3 beds | 2 baths | N/A

$380,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1456

Traditional Rental Income: $1930

Airbnb ROI: 0.64%

Traditional ROI: 3.19%

2598 CEDAR RIDGE

Germantown, TN

4 beds | 3 baths | N/A

$410,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 4.87%

Airbnb Rental Income: $1927

Traditional Rental Income: $2756

Airbnb ROI: 1.39%

Traditional ROI: 4.87%

7469 GERMANTOWN

Germantown, TN

2 beds | 3 baths | N/A

$275,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $819

Traditional Rental Income: $1975

Airbnb ROI: -0.33%

Traditional ROI: 5.38%

7617 HOLLOW FORK

Germantown, TN

4 beds | 2 baths | N/A

$374,900

Airbnb cash on cash: 1.8%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1927

Traditional Rental Income: $2410

Airbnb ROI: 1.8%

Traditional ROI: 4.63%

2835 HUNTERS FOREST

Germantown, TN

4 beds | 3 baths | N/A

$519,900

Airbnb cash on cash: 0.69%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $1927

Traditional Rental Income: $2778

Airbnb ROI: 0.69%

Traditional ROI: 3.49%

9470 FOX HILL

Germantown, TN

4 beds | 6 baths | N/A

$965,000

Airbnb cash on cash: -0.76%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1927

Traditional Rental Income: $6367

Airbnb ROI: -0.76%