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	$284,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 6.46%
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%
7790 Deer Lake Dr 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	$287,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 4.7% Airbnb Rental Income: $998 Traditional Rental Income: $1765 Airbnb ROI: 0.55% Traditional ROI: 4.7%
8783 DEADFALL Millington, TN New Price! Discover true privacy near Rosemarkâwhere country living meets quiet convenie...	3 beds \| 3 baths \| N/A	$354,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.07% Airbnb Rental Income: $998 Traditional Rental Income: $2320 Airbnb ROI: 0.04% Traditional ROI: 5.07%
7163 PAM Millington, TN Welcome home to this beautifully maintained one-level residence in the desirable Millingto...	4 beds \| 4 baths \| N/A	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.06% Airbnb Rental Income: $null Traditional Rental Income: $3574 Airbnb ROI: N/A Traditional ROI: 10.06%
7692 CURRIE Millington, TN This charming single-family home is situated in unincorporated Shelby county featuring 3 b...	3 beds \| 2 baths \| N/A	$192,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 6.43% Airbnb Rental Income: $998 Traditional Rental Income: $1508 Airbnb ROI: 1.68% Traditional ROI: 6.43%
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%
4036 SHELBY Millington, TN Set on 4.09 serene acres filled with flowering trees and mature pecans, this property offe...	2 beds \| 2 baths \| N/A	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $1586 Airbnb ROI: N/A Traditional ROI: 5.29%
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: -0.6% Traditional cash on cash: 1.25% Airbnb Rental Income: $998 Traditional Rental Income: $1890 Airbnb ROI: -0.6% 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: 0.99% Traditional cash on cash: 6.8% Airbnb Rental Income: $998 Traditional Rental Income: $1827 Airbnb ROI: 0.99% Traditional ROI: 6.8%
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: 0.63% Traditional cash on cash: 5.74% Airbnb Rental Income: $998 Traditional Rental Income: $1844 Airbnb ROI: 0.63% 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: 0.34% Traditional cash on cash: 4.84% Airbnb Rental Income: $998 Traditional Rental Income: $1909 Airbnb ROI: 0.34% Traditional ROI: 4.84%
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	$415,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.2% Airbnb Rental Income: $998 Traditional Rental Income: $2337 Airbnb ROI: -0.15% Traditional ROI: 4.2%
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	$355,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.28% Airbnb Rental Income: $998 Traditional Rental Income: $1364 Airbnb ROI: 0.12% Traditional ROI: 2.28%
4140 PLEASANT RIDGE Millington, TN This 2 bed, 1 bath home sits on nearly half an acre and is packed with recent upgrades! A ...	2 beds \| 1 baths \| N/A	$124,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $1209 Airbnb ROI: N/A Traditional ROI: 7.9%
7202 RENDA Millington, TN Great Neighborhood. 4 Bedrooms/2Full Baths. Spacious Family room and a Formal Living Room....	4 beds \| 2 baths \| N/A	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 5.01%
4812 JANIE Millington, TN NEW PRICE! One-owner custom 3 bed/2 bath built in 2018, offering over 1,600 sq ft in Mill...	3 beds \| 2 baths \| N/A	$305,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.74% Airbnb Rental Income: $998 Traditional Rental Income: $2028 Airbnb ROI: -0.08% Traditional ROI: 4.74%
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%
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	$204,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.07% Airbnb Rental Income: $998 Traditional Rental Income: $1326 Airbnb ROI: 1.55% Traditional ROI: 5.07%
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%
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	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2245 Airbnb ROI: N/A Traditional ROI: 5.3%
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%
6925 NORTHKNOLL Millington, TN 3 bedroom home in the Millington area, Shelby county property taxes only. Call to schedul...	3 beds \| 2 baths \| N/A	$170,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 9.57% Airbnb Rental Income: $998 Traditional Rental Income: $1867 Airbnb ROI: 2.01% Traditional ROI: 9.57%
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%
2721 RUSSELL BOND Millington, TN If you've been looking for a peaceful country home with room to grow, this is it! This 4-b...	4 beds \| 3 baths \| N/A	$449,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2211 Airbnb ROI: N/A Traditional ROI: 3.32%
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%
5803 PORT HAVEN Millington, TN No city taxes! Freshly renovated and move-in ready, this 4-bed, 2Â½-bath home offers moder...	4 beds \| 3 baths \| N/A	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: 5.39%
3876 W UNION Millington, TN Custom built home with attention to detail. Entry open to great room with gas log fire pla...	3 beds \| 4 baths \| N/A	$600,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.84% Airbnb Rental Income: $998 Traditional Rental Income: $3117 Airbnb ROI: -0.57% Traditional ROI: 3.84%

Real Estate investment in Millington, TN

There are 34 properties for sale in the city of Millington . The median list price in Millington is $314,900 and the average price per square foot is $NaN. In December 2025, the average monthly cash on cash return in Millington is 5.00%. The average monthly rental income in Millington is $1,954.

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

There are 34 investment properties available for sale in Millington.

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

The ROI for Short-Term is higher than the Long-Term in Millington with average rental income of $998.

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

$284,950

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2240

Airbnb ROI: N/A

Traditional ROI: 6.46%

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%

7790 Deer Lake Dr

Millington, TN

3 beds | 2 baths | N/A

$287,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $998

Traditional Rental Income: $1765

Airbnb ROI: 0.55%

Traditional ROI: 4.7%

8783 DEADFALL

Millington, TN

3 beds | 3 baths | N/A

$354,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $998

Traditional Rental Income: $2320

Airbnb ROI: 0.04%

Traditional ROI: 5.07%

7163 PAM

Millington, TN

4 beds | 4 baths | N/A

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.06%

Airbnb Rental Income: $null

Traditional Rental Income: $3574

Airbnb ROI: N/A

Traditional ROI: 10.06%

7692 CURRIE

Millington, TN

3 beds | 2 baths | N/A

$192,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $998

Traditional Rental Income: $1508

Airbnb ROI: 1.68%

Traditional ROI: 6.43%

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%

4036 SHELBY

Millington, TN

2 beds | 2 baths | N/A

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.29%

Airbnb Rental Income: $null

Traditional Rental Income: $1586

Airbnb ROI: N/A