Condo Investment Properties in Cordova, TN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Cordova, TN

Why Invest in Cordova, Tennessee?

Cordova, TN offers strong opportunities in the condo market for investors seeking steady rental income. The area's proximity to Memphis supports consistent demand from renters. With median rents around $1,800 and cap rates near 6%, condos here deliver reliable cash flow. Annual appreciation holds at 2-3% amid stable housing dynamics. Renter occupancy exceeds 45%, bolstered by local job growth.

7.2%
Avg. ROI
5.8%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1840/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer solid rental yields around 6% with strong demand from Memphis commuters. Stable appreciation and low vacancy make them reliable. Proximity to jobs enhances long-term value.

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