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

$ 210,000
ROI
22.4
Cash Flow/m
157- 3 Bed
- 4 Bath
- 1834 sft
1646 Oaken Bucket Dr, Cordova, TN, 38016

$ 249,900
ROI
22.8
Cash Flow/m
212- 2 Bed
- 2 Bath
- 1276 sft
1647 W Southfield Cir, Cordova, TN, 38016

Fix & Flip
$ 225,000
ROI
30.2
Cash Flow/m
656- 3 Bed
- 2 Bath
- 1443 sft
2256 Lake Springs Ln, Cordova, TN, 38016

$ 265,000
ROI
23.2
Cash Flow/m
253- 3 Bed
- 2 Bath
- 1385 sft
8126 Timber Knoll Ln, Cordova, TN, 38018
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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