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
6446 BENJESTOWN Millington, TN Comfortable Home on 6.11 Acres â 6446 Benjestown Welcome to 6446 Benjestown, a well-loc...	3 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 3.17% Airbnb Rental Income: $998 Traditional Rental Income: $1457 Airbnb ROI: 0.28% Traditional ROI: 3.17%
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	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 5.49%
4853 Second Ave Millington, TN For more information, contact Kenneth Harris at (901) 219-0646. Visit http://www.crye-leik...	3 beds \| 1 baths \| N/A	$209,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.18% Airbnb Rental Income: $998 Traditional Rental Income: $1457 Airbnb ROI: 1.07% Traditional ROI: 5.18%
5119 Shellback Dr Millington, TN	4 beds \| 2 baths \| 1,861 sq.ft.	$309,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A Traditional ROI: 6.4%
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: 1.07% Traditional cash on cash: 6.42% Airbnb Rental Income: $998 Traditional Rental Income: $1806 Airbnb ROI: 1.07% Traditional ROI: 6.42%
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: 0.59% Traditional cash on cash: 6.13% Airbnb Rental Income: $998 Traditional Rental Income: $2363 Airbnb ROI: 0.59% Traditional ROI: 6.13%
7441 WALSH Millington, TN Welcome to your new home! This fully renovated 4-bedroom, 3-bathroom single-family residen...	4 beds \| 3 baths \| N/A	$394,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $1858 Airbnb ROI: N/A Traditional ROI: 3.08%
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%
7202 RENDA Millington, TN Great Neighborhood. 4 Bedrooms/2Full Baths. Spacious Family room and a Formal Living Room....	4 beds \| 2 baths \| N/A	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 5.2%
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: 0.41% Traditional cash on cash: 5.04% Airbnb Rental Income: $998 Traditional Rental Income: $1949 Airbnb ROI: 0.41% 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	$187,500	Airbnb cash on cash: 1.34% Traditional cash on cash: 6.56% Airbnb Rental Income: $998 Traditional Rental Income: $1574 Airbnb ROI: 1.34% Traditional ROI: 6.56%
8703 ROSEMARK Millington, TN BUY THE FARM! Welcome to the HarMoore House, a rare opportunity in the Rosemark Historic D...	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%
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: 0.76% Traditional cash on cash: 3.8% Airbnb Rental Income: $998 Traditional Rental Income: $1333 Airbnb ROI: 0.76% Traditional ROI: 3.8%
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: -0.77% Traditional cash on cash: 1.09% Airbnb Rental Income: $998 Traditional Rental Income: $2039 Airbnb ROI: -0.77% Traditional ROI: 1.09%
3560 CHARLES BARTLETT Millington, TN Charming and renovated, this 3-bedroom, 1-bath home perfectly blends country tranquility w...	3 beds \| 1 baths \| N/A	$279,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.25% Airbnb Rental Income: $998 Traditional Rental Income: $1567 Airbnb ROI: 0.73% Traditional ROI: 4.25%
8405 SARTORI Millington, TN Welcome to 8405 Sartori Drive in Millington-where privacy meets convenience. Situated on t...	5 beds \| 4 baths \| N/A	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $3706 Airbnb ROI: N/A Traditional ROI: 5.04%
7960 HARROLD Millington, TN LOOKING FOR A NEW SITE BUILT HOME THATS WITHIN WALKING DISTANCE OF MID & HIGH SCHOOLS, FIR...	3 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.9% Airbnb Rental Income: $998 Traditional Rental Income: $1954 Airbnb ROI: 0.47% Traditional ROI: 4.9%
7193 ALEXANDER HILL Millington, TN Sought-after Thornhill Estates! Experience Millington living in one of Shelby Countyâs f...	5 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: 5.17%
7022 RICHARD WILSON Millington, TN Large inviting home for sale, nestled in a cozy neighborhood. This four bedroom two and a ...	4 beds \| 3 baths \| N/A	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 6.62%
7638 MARVIN Millington, TN Charming and Full of Potential! This unique 3BR/2BA home features natural hardwood floors ...	3 beds \| 2 baths \| N/A	$142,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 7.14% Airbnb Rental Income: $998 Traditional Rental Income: $1317 Airbnb ROI: 2.19% Traditional ROI: 7.14%
8074 Wilkinsville Millington, TN OWNER/AGENT This beautiful well maintained home built in 1969 has a mix of hardwood, carp...	3 beds \| 3 baths \| 2,296 sq.ft.	$460,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.73% Airbnb Rental Income: $998 Traditional Rental Income: $2742 Airbnb ROI: -0.15% Traditional ROI: 4.73%
6055 HOLLYHEIGHTS Millington, TN This lovely home is nestled in a quiet cove and only County taxes. Three good sign bedroo...	3 beds \| 2 baths \| N/A	$194,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 8.54% Airbnb Rental Income: $998 Traditional Rental Income: $1984 Airbnb ROI: 1.26% Traditional ROI: 8.54%
4510 ROYSTER CREEK Millington, TN This brand-new D.R. Horton (Freeport plan) offers 4 BR/2 BA and 1497 sq ft of easy, modern...	4 beds \| 2 baths \| N/A	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.57% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 6.57%
4206 SANDY HOLLOW Millington, TN Brand-new and move-in ready, this D.R. Horton Kenner plan offers 1510 sq ft of modern, low...	3 beds \| 2 baths \| N/A	$318,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 4.63% Airbnb Rental Income: $998 Traditional Rental Income: $1994 Airbnb ROI: 0.13% Traditional ROI: 4.63%
7935 OAK SPRING Millington, TN Welcome to this spacious 5 bedroom, 3.5 bath home offering over 3,700 sq ft of living in t...	5 beds \| 4 baths \| N/A	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $3810 Airbnb ROI: N/A Traditional ROI: 6.62%
8415 ROSEMARK Millington, TN	3 beds \| 1 baths \| N/A	$249,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.38% Airbnb Rental Income: $998 Traditional Rental Income: $1454 Airbnb ROI: 0.93% Traditional ROI: 4.38%

Real Estate investment in Millington, TN

There are 116 properties for sale in the city of Millington . The median list price in Millington is $291,990 and the average price per square foot is $206. In January 2026, the average monthly cash on cash return in Millington is 4.00%. The average monthly rental income in Millington is $1,457.

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

There are 116 investment properties available for sale in Millington.

In 2026, 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 $1,457.

Your search for investment property begins and ends here

Investment Property for Sale in Millington, TN

6446 BENJESTOWN

Millington, TN

3 beds | 2 baths | N/A

$299,900

Airbnb cash on cash: 0.28%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $998

Traditional Rental Income: $1457

Airbnb ROI: 0.28%

Traditional ROI: 3.17%

6525 N WATKINS

Millington, TN

4 beds | 3 baths | N/A

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2959

Airbnb ROI: N/A

Traditional ROI: 5.49%

4853 Second Ave

Millington, TN

3 beds | 1 baths | N/A

$209,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $998

Traditional Rental Income: $1457

Airbnb ROI: 1.07%

Traditional ROI: 5.18%

5119 Shellback Dr

Millington, TN

4 beds | 2 baths | 1,861 sq.ft.

$309,999

Airbnb cash on cash: N/A

Traditional cash on cash: 6.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2858

Airbnb ROI: N/A

Traditional ROI: 6.4%

5975 PRAIRIE

Millington, TN

3 beds | 2 baths | N/A

$229,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $998

Traditional Rental Income: $1806

Airbnb ROI: 1.07%

Traditional ROI: 6.42%

5545 SHIPP

Millington, TN

3 beds | 3 baths | N/A

$329,901

Airbnb cash on cash: 0.59%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $998

Traditional Rental Income: $2363

Airbnb ROI: 0.59%

Traditional ROI: 6.13%

7441 WALSH

Millington, TN

4 beds | 3 baths | N/A

$394,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.08%

Airbnb Rental Income: $null

Traditional Rental Income: $1858

Airbnb ROI: N/A

Traditional ROI: 3.08%

8292 RANKIN BRANCH

Millington, TN

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