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
5545 SHIPP Millington, TN Welcome to Jordan's Crossing Gated Community Easy living with walking trail and neighborho...	3 beds \| 3 baths \| N/A	$319,901	Airbnb cash on cash: -0.24% Traditional cash on cash: 6.35% Airbnb Rental Income: $683 Traditional Rental Income: $2363 Airbnb ROI: -0.24% Traditional ROI: 6.35%
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	$454,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.85% Airbnb Rental Income: $683 Traditional Rental Income: $1890 Airbnb ROI: -0.7% Traditional ROI: 2.85%
7202 RENDA Millington, TN Super location in well-established and sought for Millington neighborhood. House has been...	4 beds \| 2 baths \| N/A	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 5.73%
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: -0.52% Traditional cash on cash: 5.04% Airbnb Rental Income: $683 Traditional Rental Income: $1949 Airbnb ROI: -0.52% 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	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.26% Airbnb Rental Income: $null Traditional Rental Income: $4083 Airbnb ROI: N/A Traditional ROI: 10.26%
8703 ROSEMARK Millington, TN Rare opportunity to own nearly 20 acres in unincorporated Shelby County in the sought-afte...	4 beds \| 2 baths \| N/A	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 2.32%
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	$235,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.9% Airbnb Rental Income: $683 Traditional Rental Income: $1333 Airbnb ROI: -0.39% Traditional ROI: 3.9%
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	$152,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 10.78% Airbnb Rental Income: $683 Traditional Rental Income: $1867 Airbnb ROI: 0.55% Traditional ROI: 10.78%
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	$299,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 5.19% Airbnb Rental Income: $683 Traditional Rental Income: $1954 Airbnb ROI: -0.38% Traditional ROI: 5.19%
7193 ALEXANDER HILL Millington, TN Sought-after Thornhill Estates! Experience Millington living in one of Shelby Countyâs f...	5 beds \| 3 baths \| N/A	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: 5.24%
9700 N HELENE Millington, TN Experience modern luxury country living in this stunning, fully renovated 3 Bedroom, 4 Bat...	3 beds \| 4 baths \| N/A	$576,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.96% Airbnb Rental Income: $683 Traditional Rental Income: $3878 Airbnb ROI: -0.54% Traditional ROI: 5.96%
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.	$380,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 5.92% Airbnb Rental Income: $683 Traditional Rental Income: $2742 Airbnb ROI: -0.71% Traditional ROI: 5.92%
384 TIPTON LAKE Millington, TN Discover timeless charm in this traditional 3-bedroom, 2-bathroom brick home, conveniently...	3 beds \| 2 baths \| N/A	$299,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 5.13% Airbnb Rental Income: $683 Traditional Rental Income: $1893 Airbnb ROI: -0.25% Traditional ROI: 5.13%
6305 BROCKMAN Millington, TN This is a great little 3 BR 2 full bath house with a nice covered patio overlooking the ba...	3 beds \| 2 baths \| N/A	$155,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 9.8% Airbnb Rental Income: $683 Traditional Rental Income: $1785 Airbnb ROI: 0.32% Traditional ROI: 9.8%
8167 FREUDENBERG Millington, TN Original owner custom-built home situated on a beautifully maintained 3-acre level lot in ...	3 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 3.65% Airbnb Rental Income: $683 Traditional Rental Income: $2234 Airbnb ROI: -1.01% Traditional ROI: 3.65%

Real Estate investment in Millington, TN

There are 16 properties for sale in the city of Millington . The median list price in Millington is $317,451 and the average price per square foot is $130. In April 2026, the average monthly cash on cash return in Millington is 5.00%. The average monthly rental income in Millington is $1,845.

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

There are 16 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 $1,845.

Your search for investment property begins and ends here

Investment Property for Sale in Millington, TN

5545 SHIPP

Millington, TN

3 beds | 3 baths | N/A

$319,901

Airbnb cash on cash: -0.24%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $683

Traditional Rental Income: $2363

Airbnb ROI: -0.24%

Traditional ROI: 6.35%

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

Traditional ROI: 5.29%

9640 NEW BETHEL

Millington, TN

3 beds | 2 baths | N/A

$454,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $683

Traditional Rental Income: $1890

Airbnb ROI: -0.7%

Traditional ROI: 2.85%

7202 RENDA

Millington, TN

4 beds | 2 baths | N/A

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2119

Airbnb ROI: N/A

Traditional ROI: 5.73%

4721 JANIE

Millington, TN

3 beds | 2 baths | N/A

$299,850

Airbnb cash on cash: -0.52%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $683

Traditional Rental Income: $1949

Airbnb ROI: -0.52%

Traditional ROI: 5.04%

4703 CEDAR ROSE

Millington, TN

5 beds | 4 baths | N/A

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.26%

Airbnb Rental Income: $null

Traditional Rental Income: $4083

Airbnb ROI: N/A

Traditional ROI: 10.26%

8703 ROSEMARK

Millington, TN

4 beds | 2 baths | N/A

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2679

Airbnb ROI: N/A

Traditional ROI: 2.32%

4752 JANIE

Millington, TN

3 beds | 2 baths | N/A

$235,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $683

Traditional Rental Income: $1333

Airbnb ROI: -0.39%