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

Fix & Flip
$ 275,900
ROI
23.7
Cash Flow/m
301- 2 Bed
- 2 Bath
- 1886 sft
1727 W Southfield Cir, Cordova, TN, 38016

$ 274,900
ROI
23.9
Cash Flow/m
318- 2 Bed
- 2 Bath
- 1605 sft
1668 W Southfield Cir, Cordova, TN, 38016

$ 232,500
ROI
27.7
Cash Flow/m
515- 2 Bed
- 2 Bath
- 1516 sft
7402 Appling Club Cir #109, Cordova, TN, 38016

$ 220,000
ROI
28.5
Cash Flow/m
537- 2 Bed
- 2 Bath
- 1286 sft
1595 Dexter Grove Ct APT 101, Cordova, TN, 38016
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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