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
8565 JOHN SUNDERLAND Millington, TN Escape the city and live the rural dream with your very own mini farm! This expansive 2.15...	3 beds \| 2 baths \| N/A	$329,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 3.05% Airbnb Rental Income: $501 Traditional Rental Income: $1519 Airbnb ROI: -1.11% Traditional ROI: 3.05%
5132 Shellback Dr Millington, TN Tucked away in the heart of Millington, this 4 bedroom, 2 bath home offers the perfect mix...	4 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.64% Airbnb Rental Income: $723 Traditional Rental Income: $2088 Airbnb ROI: -0.84% Traditional ROI: 4.64%
276 Hilldale Rd Millington, TN Tucked away on a peaceful, wooded acre, this 3-bedroom, 2-bath home offers privacy, space,...	3 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 8.69% Airbnb Rental Income: $501 Traditional Rental Income: $1791 Airbnb ROI: -0.44% Traditional ROI: 8.69%
5545 SHIPP Millington, TN MAKE OFFER & finish with your on touches Can be ready in 30 days Jordan's Crossing Gated C...	3 beds \| 3 baths \| N/A	$319,901	Airbnb cash on cash: -0.74% Traditional cash on cash: 6.35% Airbnb Rental Income: $501 Traditional Rental Income: $2363 Airbnb ROI: -0.74% Traditional ROI: 6.35%
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: -1.06% Traditional cash on cash: 2.85% Airbnb Rental Income: $501 Traditional Rental Income: $1890 Airbnb ROI: -1.06% Traditional ROI: 2.85%
7202 RENDA Millington, TN REDUCED REDUCED REDUCED REDUCED Super location in well-established and sought for Millingt...	4 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 6.09% Airbnb Rental Income: $723 Traditional Rental Income: $2119 Airbnb ROI: -0.48% Traditional ROI: 6.09%
8703 ROSEMARK Millington, TN OPEN HOUSE - SUN. MAY 3RD - 2:00 - 4:00 PM. Nearly 20 acres in unincorporated Shelby Count...	4 beds \| 2 baths \| N/A	$750,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.32% Airbnb Rental Income: $723 Traditional Rental Income: $2679 Airbnb ROI: -0.92% Traditional ROI: 2.32%
3560 CHARLES BARTLETT Millington, TN If youâve been looking for space, privacy, and a workshop without sacrificing convenienc...	3 beds \| 1 baths \| N/A	$260,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.62% Airbnb Rental Income: $501 Traditional Rental Income: $1567 Airbnb ROI: -0.83% Traditional ROI: 4.62%
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: -0.49% Traditional cash on cash: 10.78% Airbnb Rental Income: $501 Traditional Rental Income: $1867 Airbnb ROI: -0.49% Traditional ROI: 10.78%
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.	$420,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 5.26% Airbnb Rental Income: $501 Traditional Rental Income: $2742 Airbnb ROI: -1.12% Traditional ROI: 5.26%
8415 Rosemark Rd N Millington, TN	3 beds \| 1 baths \| N/A	$229,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.83% Airbnb Rental Income: $501 Traditional Rental Income: $1454 Airbnb ROI: -0.82% Traditional ROI: 4.83%
3814 Lucy Rd Millington, TN Multiple offers received. No surface untouchedâthis this charming 3 bedroom, 2 bathroom ...	3 beds \| 2 baths \| N/A	$259,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 5.74% Airbnb Rental Income: $501 Traditional Rental Income: $1875 Airbnb ROI: -0.97% Traditional ROI: 5.74%
6126 Woodstock Hills Dr Millington, TN Discover quiet country living in this fully updated home conveniently located across from ...	3 beds \| 3 baths \| N/A	$345,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.66% Airbnb Rental Income: $501 Traditional Rental Income: $1410 Airbnb ROI: -0.99% Traditional ROI: 2.66%
7754 Deer Lake Dr Millington, TN Peaceful living meets modern updates in this 3BR/2BA home in Shelby Forest. Nestled on 2.5...	3 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 6.1% Airbnb Rental Income: $501 Traditional Rental Income: $2369 Airbnb ROI: -1.12% Traditional ROI: 6.1%
7682 Currie Rd Millington, TN Beautifully renovated home in Millington, located just outside the city limits. Situated o...	3 beds \| 1 baths \| N/A	$210,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.45% Airbnb Rental Income: $501 Traditional Rental Income: $846 Airbnb ROI: -0.65% Traditional ROI: 2.45%
3960 W Union Rd Millington, TN Secluded 20-Acre Farm, Forest & Field Estate \| 3BR Brick Home in Unincorporated Shelby Cou...	2 beds \| 2 baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $1609 Airbnb ROI: N/A Traditional ROI: 5.53%
5928 Us 51 Hwy Millington, TN This inviting brick cottage perfectly blends comfort, classic character, and country livin...	2 beds \| 1 baths \| N/A	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $1321 Airbnb ROI: N/A Traditional ROI: 8.21%
6760 Locke Rd Millington, TN Welcome to your private retreat in unincorporated Shelby County! This rare 11.78-acre prop...	2 beds \| 1 baths \| N/A	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $1138 Airbnb ROI: N/A Traditional ROI: 2.13%
8488 Quito Rd Millington, TN Investor Special â Fixer-Upper with Tremendous Potential! This charming 1,185 sq ft home...	2 beds \| 1 baths \| N/A	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.36% Airbnb Rental Income: $null Traditional Rental Income: $1268 Airbnb ROI: N/A Traditional ROI: 9.36%
7146 Woodstock-cuba Rd Millington, TN Charming Country Cottage on 4 Private Acres with Stream & Wildlife Paradise! Escape to you...	2 beds \| 1 baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $1307 Airbnb ROI: N/A Traditional ROI: 6.7%
6751 NAVY Millington, TN INVESTORS, check out this brick 4-bedroom 1.5-bath home located in Millington, with no cit...	4 beds \| 2 baths \| 78 sq.ft.	$125,500	Airbnb cash on cash: 1.12% Traditional cash on cash: 9.78% Airbnb Rental Income: $723 Traditional Rental Income: $1460 Airbnb ROI: 1.12% Traditional ROI: 9.78%
3794 Lucy Rd Millington, TN 3794 Lucy â Your Private Country Retreat Awaits! Discover the ultimate in peaceful count...	4 beds \| 2 baths \| 144 sq.ft.	$220,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.71% Airbnb Rental Income: $723 Traditional Rental Income: $1452 Airbnb ROI: -0.28% Traditional ROI: 4.71%
2102 Campbell Rd Millington, TN Investor Special! Charming small home with a tin roof situated on just under 3 acres featu...	2 beds \| 1 baths \| N/A	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.48% Airbnb Rental Income: $null Traditional Rental Income: $1298 Airbnb ROI: N/A Traditional ROI: 7.48%
6822 Southknoll Ave Millington, TN Updated Millington home featuring new kitchen cabinets, countertops, and tile flooring in ...	3 beds \| 2 baths \| 1,350 sq.ft.	$225,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 6.38% Airbnb Rental Income: $501 Traditional Rental Income: $1776 Airbnb ROI: -0.86% Traditional ROI: 6.38%
4300 Bennett Wood Dr Millington, TN Redone from top to bottom, inside and outside, ready for you to just move in and enjoy. Gr...	4 beds \| 2 baths \| 1,610 sq.ft.	$262,500	Airbnb cash on cash: -0.45% Traditional cash on cash: 5.99% Airbnb Rental Income: $723 Traditional Rental Income: $2008 Airbnb ROI: -0.45% Traditional ROI: 5.99%
5636 Pleasant Ridge Rd Millington, TN Enjoy peaceful country living with the space you desire and the modern conveniences you ex...	4 beds \| 2 baths \| 1,491 sq.ft.	$525,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 2.65% Airbnb Rental Income: $723 Traditional Rental Income: $2152 Airbnb ROI: -0.89% Traditional ROI: 2.65%

Real Estate investment in Millington, TN

There are 44 properties for sale in the city of Millington . The median list price in Millington is $280,000 and the average price per square foot is $200. In June 2026, the average monthly cash on cash return in Millington is 5.00%. The average monthly rental income in Millington is $1,734.

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

There are 44 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 $1,734.

Your search for investment property begins and ends here

Investment Property for Sale in Millington, TN

8565 JOHN SUNDERLAND

Millington, TN

3 beds | 2 baths | N/A

$329,900

Airbnb cash on cash: -1.11%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $501

Traditional Rental Income: $1519

Airbnb ROI: -1.11%

Traditional ROI: 3.05%

5132 Shellback Dr

Millington, TN

4 beds | 2 baths | N/A

$325,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $723

Traditional Rental Income: $2088

Airbnb ROI: -0.84%

Traditional ROI: 4.64%

276 Hilldale Rd

Millington, TN

3 beds | 2 baths | N/A

$179,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 8.69%

Airbnb Rental Income: $501

Traditional Rental Income: $1791

Airbnb ROI: -0.44%

Traditional ROI: 8.69%

5545 SHIPP

Millington, TN

3 beds | 3 baths | N/A

$319,901

Airbnb cash on cash: -0.74%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $501

Traditional Rental Income: $2363

Airbnb ROI: -0.74%

Traditional ROI: 6.35%

9640 NEW BETHEL

Millington, TN

3 beds | 2 baths | N/A

$454,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $501

Traditional Rental Income: $1890

Airbnb ROI: -1.06%

Traditional ROI: 2.85%

7202 RENDA

Millington, TN

4 beds | 2 baths | N/A

$275,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $723

Traditional Rental Income: $2119

Airbnb ROI: -0.48%

Traditional ROI: 6.09%

8703 ROSEMARK

Millington, TN

4 beds | 2 baths | N/A

$750,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $723

Traditional Rental Income: $2679

Airbnb ROI: -0.92%

Traditional ROI: 2.32%

3560 CHARLES BARTLETT

Millington, TN

3 beds | 1 baths | N/A

$260,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $501

Traditional Rental Income: $1567

Airbnb ROI: -0.83%