Real Estate Investment Properties for Sale in Millington, TN

Looking for investment property in Millington, TN with high ROI ?

Explore a variety of short-term homes & houses in Millington, TN. Invest wisely with VRBO & Millington, 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 Millington, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4917 HALLBROOK Millington, TN This beautifully cared-for 4-bedroom home features a renovated full bath, an additional ha...	4 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 6.09%
5517 SHIPP Millington, TN Move-in ready in Jordanâs Crossing! This gorgeous 3BR, 2.5BA home in a gated neighborhoo...	3 beds \| 3 baths \| N/A	$305,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.79% Airbnb Rental Income: $1394 Traditional Rental Income: $1986 Airbnb ROI: 1.27% Traditional ROI: 4.79%
8130 JULIE Millington, TN REDUCED 15000/PRICED TO SELL UJBeautiful 3/3 on 2.67 acre corner lot with whole house gene...	3 beds \| 3 baths \| N/A	$405,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.29% Airbnb Rental Income: $1394 Traditional Rental Income: $2443 Airbnb ROI: 0.42% Traditional ROI: 4.29%
400 WHIPPOORWILL Millington, TN Remarkable opportunity to have a spacious home at a affordable price with 1.26 unrestricte...	3 beds \| 2 baths \| N/A	$199,500	Airbnb cash on cash: 3.31% Traditional cash on cash: 8.29% Airbnb Rental Income: $1394 Traditional Rental Income: $1916 Airbnb ROI: 3.31% Traditional ROI: 8.29%
6525 N WATKINS Millington, TN Tucked away in the beauty of Shelby Forest, this 4 bed, 2.5 bath home with an office offer...	4 beds \| 3 baths \| N/A	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 5.41%
8783 DEADFALL Millington, TN Discover privacy and serenity on 5 tranquil acres in Millington, TN. This spacious home of...	3 beds \| 3 baths \| N/A	$369,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.83% Airbnb Rental Income: $1394 Traditional Rental Income: $2320 Airbnb ROI: 0.95% Traditional ROI: 4.83%
6968 US 51 Millington, TN Great location with 1.66 acres. 3 bedroom with 2 full baths. Property includes a large wor...	3 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 6.66% Airbnb Rental Income: $1394 Traditional Rental Income: $1977 Airbnb ROI: 2.32% Traditional ROI: 6.66%
2355 CUBA-MILLINGTON Millington, TN Completely Renovated 3BR Home on a Peaceful Country Setting â No City Taxes! Enjoy quie...	3 beds \| 1 baths \| N/A	$199,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 5.36% Airbnb Rental Income: $1394 Traditional Rental Income: $1377 Airbnb ROI: 3.23% Traditional ROI: 5.36%
4385 RIDGE BAY Millington, TN Stunning 5-Bedroom Home Fully Renovated! Beautifully renovated two-story home offering 5 s...	5 beds \| 4 baths \| N/A	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.88% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 9.88%
5907 OLD MILLINGTON Millington, TN PRICE REDUCTION!!! BEAUTIFUL-LIKE NEW FROM ROOF TO FOUNDATION.. IMMEDIATE POSSESSION POSSI...	3 beds \| 2 baths \| N/A	$285,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.36% Airbnb Rental Income: $1394 Traditional Rental Income: $1869 Airbnb ROI: 2.02% Traditional ROI: 5.36%
5975 PRAIRIE Millington, TN Freshly renovated and affordable! Great starter home in millington, with high living room ...	3 beds \| 2 baths \| N/A	$229,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.42% Airbnb Rental Income: $1394 Traditional Rental Income: $1806 Airbnb ROI: 2.58% Traditional ROI: 6.42%
153 ASH RENE Millington, TN Looking for a nice home in a nice area with a great yard and shop? This is it! In the Tipt...	4 beds \| 2 baths \| N/A	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 4.83%
5545 SHIPP Millington, TN Welcome to Jordan's Crossing Gated Community Easy living with walking trail and neighborho...	3 beds \| 3 baths \| N/A	$329,901	Airbnb cash on cash: 1.65% Traditional cash on cash: 6.13% Airbnb Rental Income: $1394 Traditional Rental Income: $2363 Airbnb ROI: 1.65% Traditional ROI: 6.13%
7441 WALSH Millington, TN This absolutely stunning country style home is tucked away in the woods w a massive backya...	4 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $1858 Airbnb ROI: N/A Traditional ROI: 2.88%
9640 NEW BETHEL Millington, TN Welcome.. This offering provides an exceptional opportunity for you to own a 3 bedroom 2 b...	3 beds \| 2 baths \| N/A	$725,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.25% Airbnb Rental Income: $1394 Traditional Rental Income: $1890 Airbnb ROI: -0.11% Traditional ROI: 1.25%
7206 N JUANA Millington, TN Nice home on a corner lot. Great for a starter home or to down size. Large fenced back yar...	3 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.8% Airbnb Rental Income: $1394 Traditional Rental Income: $1827 Airbnb ROI: 2.61% Traditional ROI: 6.8%
4600 Goldsby Pl Millington, TN As you walk through the French doors you enter a fabulous foyer and parlor with 20 foot ce...	5 beds \| 3 baths \| 4,525 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.21% Airbnb Rental Income: $null Traditional Rental Income: $2873 Airbnb ROI: N/A Traditional ROI: 2.21%
3945 CRENSHAW Millington, TN Back on Market! Motivated Seller! Listed under appraised value! Discover charm, space, and...	3 beds \| 2 baths \| N/A	$249,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.74% Airbnb Rental Income: $1394 Traditional Rental Income: $1844 Airbnb ROI: 2.04% Traditional ROI: 5.74%
8292 RANKIN BRANCH Millington, TN Country Home on 4 acres. 4 Bdrm 2 Bth. 4th bedroom could be used as a large game room too....	4 beds \| 2 baths \| N/A	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $2377 Airbnb ROI: N/A Traditional ROI: 6.09%
1907 CAMPBELL Millington, TN Come see this beautiful country style home on 2 acres. It has all the charm you're looking...	3 beds \| 2 baths \| N/A	$298,500	Airbnb cash on cash: 1.51% Traditional cash on cash: 4.84% Airbnb Rental Income: $1394 Traditional Rental Income: $1909 Airbnb ROI: 1.51% Traditional ROI: 4.84%
1932 ST PAUL Millington, TN Awesome Super Great Home plus Garage Apartment. Downstairs Garage has dbl parking (24x23) ...	3 beds \| 2 baths \| N/A	$339,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.55% Airbnb Rental Income: $1394 Traditional Rental Income: $2008 Airbnb ROI: 1.31% Traditional ROI: 4.55%
8048 ROSEMARK Millington, TN Don't miss this gem in the desirable Rosemark area! Just under 6 acres with 2 ponds, duck...	3 beds \| 3 baths \| N/A	$419,999	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.14% Airbnb Rental Income: $1394 Traditional Rental Income: $2337 Airbnb ROI: 0.68% Traditional ROI: 4.14%
8712 GRAGG Millington, TN Discover the charm of country living in this inviting 3-bedroom, 2-bath home set on 4 beau...	3 beds \| 2 baths \| N/A	$378,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.08% Airbnb Rental Income: $1394 Traditional Rental Income: $1364 Airbnb ROI: 0.98% Traditional ROI: 2.08%
7194 MILLINGTON-ARLINGTON Millington, TN $13K+/- towards Buyer Closing Costs. *New Construction Builder Incentives: Discover this s...	5 beds \| 4 baths \| N/A	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $3720 Airbnb ROI: N/A Traditional ROI: 6.16%
4140 PLEASANT RIDGE Millington, TN Back on the market - no fault of sellers! This 2 bed, 1 bath home sits on nearly half an a...	2 beds \| 1 baths \| N/A	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.19% Airbnb Rental Income: $null Traditional Rental Income: $1209 Airbnb ROI: N/A Traditional ROI: 8.19%
7702 MARVIN Millington, TN This adorable 3 bed, 1 bath home is packed with updates and personality! Sitting on a larg...	3 beds \| 1 baths \| N/A	$174,900	Airbnb cash on cash: 3.95% Traditional cash on cash: 5.16% Airbnb Rental Income: $1394 Traditional Rental Income: $1174 Airbnb ROI: 3.95% Traditional ROI: 5.16%
7202 RENDA Millington, TN Great Neighborhood. 4 Bedrooms/2Full Baths. Spacious Family room and a Formal Living Room....	4 beds \| 2 baths \| N/A	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 4.83%
4812 JANIE Millington, TN One-owner custom home (built 2018) with over 1,600 sq. ft. in established Millington Garde...	3 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.4% Airbnb Rental Income: $1394 Traditional Rental Income: $2028 Airbnb ROI: 0.94% Traditional ROI: 4.4%
4721 JANIE Millington, TN Completely remodeled top to bottom. This home has everything you could need from granite c...	3 beds \| 2 baths \| N/A	$299,850	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.04% Airbnb Rental Income: $1394 Traditional Rental Income: $1949 Airbnb ROI: 1.58% Traditional ROI: 5.04%
4703 CEDAR ROSE Millington, TN Make this your "forever" home. One of the most beautiful lots in town. Home is much larg...	5 beds \| 4 baths \| N/A	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.8% Airbnb Rental Income: $null Traditional Rental Income: $4083 Airbnb ROI: N/A Traditional ROI: 9.8%
7727 TECUMSEH Millington, TN This well maintained 3BR home features wood laminate flooring in the living room, hallway ...	3 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.11% Airbnb Rental Income: $1394 Traditional Rental Income: $1574 Airbnb ROI: 2.94% Traditional ROI: 6.11%
8159 EPPERSON MILL Millington, TN Tucked away on a private gated 1/4 mile driveway sitting on 10.23 acres, this beautifully ...	5 beds \| 4 baths \| N/A	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $3731 Airbnb ROI: N/A Traditional ROI: 5.08%
8703 ROSEMARK Millington, TN Welcome to the HarMoore House, a rare opportunity in the Rosemark Historic District! This ...	5 beds \| 2 baths \| N/A	$875,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 1.85%
7790 Deer Lake Millington, TN Welcome to 7790 Deer Lake Dr, a 3 bedroom, 2 bath home in Unincorporated Shelby County. Si...	3 beds \| 2 baths \| N/A	$293,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.42% Airbnb Rental Income: $1394 Traditional Rental Income: $1786 Airbnb ROI: 1.47% Traditional ROI: 4.42%
4752 JANIE Millington, TN Welcome home! ~ Lots of space in this Millington home on a cove lot ~ 3bds, 1.5 ba with de...	3 beds \| 2 baths \| N/A	$240,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.8% Airbnb Rental Income: $1394 Traditional Rental Income: $1333 Airbnb ROI: 2.21% Traditional ROI: 3.8%
7881 SHERMAN Millington, TN Completely renovated 3-bedroom, 2-bath home with office! In addition to its stunning updat...	3 beds \| 2 baths \| N/A	$219,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.66% Airbnb Rental Income: $1394 Traditional Rental Income: $1326 Airbnb ROI: 2.97% Traditional ROI: 4.66%
8925 HERRING HILL Millington, TN Investor Special! This 3-bedroom, 2-bath home sits on 11 sprawling acres in Millington and...	3 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.75% Airbnb Rental Income: $1394 Traditional Rental Income: $1858 Airbnb ROI: 2.01% Traditional ROI: 5.75%
6746 OLD MILLINGTON Millington, TN Charming 11.54 acres home built in 1898 with major upgrades of designer quality. Custom k...	3 beds \| 2 baths \| N/A	$807,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.09% Airbnb Rental Income: $1394 Traditional Rental Income: $2039 Airbnb ROI: -0.33% Traditional ROI: 1.09%
5037 SHELLBACK Millington, TN Absolutely stunning Millington home recently built in 2021. 4 bedroom-2 bath. Wide open ki...	4 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2245 Airbnb ROI: N/A Traditional ROI: 5.11%
9590 MONASCO Millington, TN Welcome to this spacious 4-bed, 2-bath home that site on 11+ acres. This home is tucked aw...	4 beds \| 2 baths \| N/A	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $1778 Airbnb ROI: N/A Traditional ROI: 4.52%

Real Estate investment in Millington, TN

There are 41 properties for sale in the city of Millington . The median list price in Millington is $305,900 and the average price per square foot is $68. In October 2025, the average monthly cash on cash return in Millington is 5.00%. The average monthly rental income in Millington is $1,977.

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

There are 41 investment properties available for sale in Millington.

In 2025, the best neighborhood to buy investment property is Millington.

The ROI for Long-Term is higher than the Short-Term in Millington with average rental income of $1,977.

Your search for investment property begins and ends here

Investment Property for Sale in Millington, TN

4917 HALLBROOK

Millington, TN

4 beds | 2 baths | N/A

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2240

Airbnb ROI: N/A

Traditional ROI: 6.09%

5517 SHIPP

Millington, TN

3 beds | 3 baths | N/A

$305,900

Airbnb cash on cash: 1.27%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1394

Traditional Rental Income: $1986

Airbnb ROI: 1.27%

Traditional ROI: 4.79%

8130 JULIE

Millington, TN

3 beds | 3 baths | N/A

$405,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $1394

Traditional Rental Income: $2443

Airbnb ROI: 0.42%

Traditional ROI: 4.29%

400 WHIPPOORWILL

Millington, TN

3 beds | 2 baths | N/A

$199,500

Airbnb cash on cash: 3.31%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $1394

Traditional Rental Income: $1916

Airbnb ROI: 3.31%

Traditional ROI: 8.29%

6525 N WATKINS

Millington, TN

4 beds | 3 baths | N/A

$440,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2959

Airbnb ROI: N/A

Traditional ROI: 5.41%

8783 DEADFALL

Millington, TN

3 beds | 3 baths | N/A

$369,900

Airbnb cash on cash: 0.95%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1394

Traditional Rental Income: $2320

Airbnb ROI: 0.95%

Traditional ROI: 4.83%

6968 US 51

Millington, TN

3 beds | 2 baths | N/A

$245,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1394

Traditional Rental Income: $1977

Airbnb ROI: 2.32%

Traditional ROI: 6.66%

2355 CUBA-MILLINGTON

Millington, TN

3 beds | 1 baths | N/A

$199,900

Airbnb cash on cash: 3.23%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1394

Traditional Rental Income: $1377

Airbnb ROI: 3.23%