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
7280 RENDA Millington, TN Welcome to this beautiful 3-bedroom home located in a sought-after Millington neighborhood...	3 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 6.99% Airbnb Rental Income: $1379 Traditional Rental Income: $1873 Airbnb ROI: 2.51% Traditional ROI: 6.99%
7176 RYAN HILL Millington, TN Welcome to this custom-built home that has it ALL! 4 bedrooms, 3.5 bathrooms, bonus room, ...	4 beds \| 4 baths \| N/A	$434,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $3748 Airbnb ROI: N/A Traditional ROI: 7.04%
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: 0.39% Traditional cash on cash: 4.29% Airbnb Rental Income: $1379 Traditional Rental Income: $2443 Airbnb ROI: 0.39% Traditional ROI: 4.29%
595 HICKORY Millington, TN County taxes only with 1.34 acre lot. Plenty of room for pool, detached garage, home exte...	3 beds \| 2 baths \| N/A	$319,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.84% Airbnb Rental Income: $1379 Traditional Rental Income: $1945 Airbnb ROI: 1.55% Traditional ROI: 4.84%
8205 SHAKE RAG Millington, TN Beautiful 4 bedroom, 2.5 bath home on 4 acres in Shelby Forest, just minutes from Millingt...	4 beds \| 3 baths \| N/A	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $2650 Airbnb ROI: N/A Traditional ROI: 4.54%
3780 MEADE LAKE Millington, TN WOW!! PRICE DROP lower than paid! No City tax! One acre lot! TRIPLE GARAGE! 4 Bedrooms. 4t...	4 beds \| 2 baths \| N/A	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.42% Airbnb Rental Income: $null Traditional Rental Income: $2399 Airbnb ROI: N/A Traditional ROI: 6.42%
7241 RENDA Millington, TN Come see this cute home that is located in nice neighborhood. 3 bed/2ba Updated bathrooms....	3 beds \| 2 baths \| N/A	$230,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 6.34% Airbnb Rental Income: $1379 Traditional Rental Income: $1843 Airbnb ROI: 2.29% Traditional ROI: 6.34%
8783 DEADFALL Millington, TN Set on 5 peaceful acres in Millington, this 3-bedroom, 2.5-bath home offers space, privacy...	3 beds \| 3 baths \| N/A	$369,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.83% Airbnb Rental Income: $1379 Traditional Rental Income: $2320 Airbnb ROI: 0.91% Traditional ROI: 4.83%
8370 RANKIN BRANCH Millington, TN So many updates - Move-in ready log cabin retreat on 6 private acresâideal for anyone se...	3 beds \| 2 baths \| N/A	$435,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3% Airbnb Rental Income: $1379 Traditional Rental Income: $1921 Airbnb ROI: 0.64% Traditional ROI: 3%
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: 2.27% Traditional cash on cash: 6.66% Airbnb Rental Income: $1379 Traditional Rental Income: $1977 Airbnb ROI: 2.27% Traditional ROI: 6.66%
4464 JULIA Millington, TN Welcome to 4464 Julia Cove - Stylish Comfort! This beautiful 3 bed, 2 bath home bonus is n...	3 beds \| 2 baths \| N/A	$257,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.75% Airbnb Rental Income: $1379 Traditional Rental Income: $1932 Airbnb ROI: 1.74% Traditional ROI: 5.75%
5510 RAMS HORN Millington, TN Discover this better-than-new gem in Millingtonâs sought-after gated community, Jordanâ...	3 beds \| 3 baths \| N/A	$315,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.89% Airbnb Rental Income: $1379 Traditional Rental Income: $1775 Airbnb ROI: 1.14% Traditional ROI: 3.89%
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%
9509 MERRILL Millington, TN Welcome to 9509 Merrill Rd â a beautifully updated home on 4ACRES peaceful, tree-lined ...	4 beds \| 3 baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $1568 Airbnb ROI: N/A Traditional ROI: 2.53%
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: 1.98% Traditional cash on cash: 5.36% Airbnb Rental Income: $1379 Traditional Rental Income: $1869 Airbnb ROI: 1.98% Traditional ROI: 5.36%
153 ASH RENE Millington, TN Welcome to 153 Ash Rene, a charming single-family home nestled on 2.35 acres in Tipton Cou...	4 beds \| 2 baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $2224 Airbnb ROI: N/A Traditional ROI: 4.33%
5549 SHIPP Millington, TN NEW CONSTRUCTION HOME UNDER $300K Welcome to Jordan's Crossing a Gated Community with 57 ...	3 beds \| 3 baths \| N/A	$299,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.83% Airbnb Rental Income: $1379 Traditional Rental Income: $2360 Airbnb ROI: 1.87% Traditional ROI: 6.83%
6770 CAMP JOHN Millington, TN Spacious 2-Story Home on 2.34 Acres in Shelby Forest! This beautiful 2,896 sq. ft. home o...	4 beds \| 3 baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A Traditional ROI: 5.59%
8200 Brunswick Rd Millington, TN Come and see this beautiful 6.9 acre horse lovers paradise. The 80 x 45 barn features 9 1...	3 beds \| 3 baths \| 1,100 sq.ft.	$385,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.19% Airbnb Rental Income: $1379 Traditional Rental Income: $1823 Airbnb ROI: 0.8% Traditional ROI: 3.19%
5545 SHIPP Millington, TN Welcome to Jordan's Crossing Gated Community Easy living with walking trail and neighborho...	3 beds \| 3 baths \| N/A	$329,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.13% Airbnb Rental Income: $1379 Traditional Rental Income: $2363 Airbnb ROI: 1.61% Traditional ROI: 6.13%
4723 CEDAR HILLS Millington, TN Welcome to your fully luxury-renovated 2,037 SqFt peaceful oasis tucked in quiet cul-de-sa...	4 beds \| 2 baths \| N/A	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2293 Airbnb ROI: N/A Traditional ROI: 5.11%
6036 CHADWELL Millington, TN Step into this beautifully updated 3-bedroom, 2-bath home with 1,785 sqft. This home is a ...	3 beds \| 2 baths \| N/A	$225,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.88% Airbnb Rental Income: $1379 Traditional Rental Income: $1872 Airbnb ROI: 2.6% Traditional ROI: 6.88%
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	$220,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.63% Airbnb Rental Income: $1379 Traditional Rental Income: $1827 Airbnb ROI: 2.47% Traditional ROI: 6.63%
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	$249,100	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.74% Airbnb Rental Income: $1379 Traditional Rental Income: $1844 Airbnb ROI: 1.98% Traditional ROI: 5.74%
5054 NORTH Millington, TN Recent renovation( NEW HVAC/WATER HEATER!) Wall to Wall, Ceiling to Floor and Porch to Por...	3 beds \| 1 baths \| N/A	$164,900	Airbnb cash on cash: 4.1% Traditional cash on cash: 6.6% Airbnb Rental Income: $1379 Traditional Rental Income: $1353 Airbnb ROI: 4.1% Traditional ROI: 6.6%
6621 BENJESTOWN Millington, TN Excellent Country Estate Very Secluded. A Deer or Turkey Hunters Paradise or A Horse Lover...	4 beds \| 3 baths \| N/A	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2723 Airbnb ROI: N/A Traditional ROI: 3.68%
2720 RUST Millington, TN This home truly has it all! Featuring 4 spacious bedrooms and 2 fully updated bathrooms, t...	4 beds \| 2 baths \| N/A	$229,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $2241 Airbnb ROI: N/A Traditional ROI: 8.24%
6131 TWIN OAKS Millington, TN HUGE PRICE REDUCTION! ONE OF THE BEST DEALS ON THE MARKET! Southern Living Home sitting on...	3 beds \| 3 baths \| N/A	$499,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.21% Airbnb Rental Income: $1379 Traditional Rental Income: $1439 Airbnb ROI: 0.18% Traditional ROI: 1.21%
5162 SHELLBACK Millington, TN Better than new! This spacious Millington home offers four bedrooms all on one level, an e...	4 beds \| 2 baths \| N/A	$314,100	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2132 Airbnb ROI: N/A Traditional ROI: 4.92%
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%
4884 MONTGOMERY Millington, TN Now is your change to own this great property in Millington under $150k. Whether it is for...	2 beds \| 1 baths \| N/A	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $1285 Airbnb ROI: N/A Traditional ROI: 7.35%
1932 ST PAUL Millington, TN Awesome Super Great Home plus Garage Apartment. Downstairs Garage has dbl parking (24x23)...	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.39% Airbnb Rental Income: $1379 Traditional Rental Income: $2008 Airbnb ROI: 1.21% Traditional ROI: 4.39%
8020 ROSEMARK Millington, TN Beautiful Rosemark Estate loved by the same owners for 40yrs! 4bds, 3ba with the perfect ...	4 beds \| 3 baths \| N/A	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 4.99%
6367 RAIBLE Millington, TN Quaint 4-bedroom, 2-bath home in an established Millington neighborhood. Features include ...	4 beds \| 2 baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.51% Airbnb Rental Income: $null Traditional Rental Income: $2192 Airbnb ROI: N/A Traditional ROI: 11.51%
4655 S DORIS Millington, TN Check out this price!! New Roof in July! Welcome to this delightful 3-bedroom, 1-bath ho...	3 beds \| 1 baths \| N/A	$185,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 6.62% Airbnb Rental Income: $1379 Traditional Rental Income: $1528 Airbnb ROI: 3.4% Traditional ROI: 6.62%
1435 WALSH Millington, TN Craving space, charm & versatility? This farm house sits on 10 acres in Shelby Forest. T...	5 beds \| 3 baths \| N/A	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $3069 Airbnb ROI: N/A Traditional ROI: 3.91%
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	$449,999	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.8% Airbnb Rental Income: $1379 Traditional Rental Income: $2337 Airbnb ROI: 0.54% Traditional ROI: 3.8%
4690 MONTGOMERY Millington, TN Charming 2 bedroom, 1.5 bathroom home offering comfort, convenience, and thoughtful update...	2 beds \| 2 baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $1417 Airbnb ROI: N/A Traditional ROI: 6.97%
3073 JERICHO Millington, TN Opportunity knocks in Millington! This split level 3-bedroom, 2-bath home offers over 2,70...	4 beds \| 2 baths \| 18 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $1447 Airbnb ROI: N/A Traditional ROI: 4.45%

Real Estate investment in Millington, TN

There are 47 properties for sale in the city of Millington . The median list price in Millington is $314,100 and the average price per square foot is $264. In September 2025, the average monthly cash on cash return in Millington is 6.00%. The average monthly rental income in Millington is $1,932.

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

There are 47 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 $1,932.

Your search for investment property begins and ends here

Investment Property for Sale in Millington, TN

7280 RENDA

Millington, TN

3 beds | 2 baths | N/A

$215,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 6.99%

Airbnb Rental Income: $1379

Traditional Rental Income: $1873

Airbnb ROI: 2.51%

Traditional ROI: 6.99%

7176 RYAN HILL

Millington, TN

4 beds | 4 baths | N/A

$434,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3748

Airbnb ROI: N/A

Traditional ROI: 7.04%

8130 JULIE

Millington, TN

3 beds | 3 baths | N/A

$405,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $1379

Traditional Rental Income: $2443

Airbnb ROI: 0.39%

Traditional ROI: 4.29%

595 HICKORY

Millington, TN

3 beds | 2 baths | N/A

$319,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1379

Traditional Rental Income: $1945

Airbnb ROI: 1.55%

Traditional ROI: 4.84%

8205 SHAKE RAG

Millington, TN

4 beds | 3 baths | N/A

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2650

Airbnb ROI: N/A

Traditional ROI: 4.54%

3780 MEADE LAKE

Millington, TN

4 beds | 2 baths | N/A

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2399

Airbnb ROI: N/A

Traditional ROI: 6.42%

7241 RENDA

Millington, TN

3 beds | 2 baths | N/A

$230,000

Airbnb cash on cash: 2.29%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $1379

Traditional Rental Income: $1843

Airbnb ROI: 2.29%

Traditional ROI: 6.34%

8783 DEADFALL

Millington, TN

3 beds | 3 baths | N/A

$369,900

Airbnb cash on cash: 0.91%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1379

Traditional Rental Income: $2320

Airbnb ROI: 0.91%