Townhouse Investment Properties for Sale in Cordova, TN
587- 2 Bed
- 3 Bath
- 1529 sft
828- 3 Bed
- 3 Bath
- 2172 sft
638- 2 Bed
- 2 Bath
- 1538 sft
306- 2 Bed
- 3 Bath
- 1301 sft
Why Invest in Cordova, Tennessee?
Townhouses in Cordova, TN offer strong investment potential with competitive cap rates around 6-7%. Proximity to Memphis provides access to a growing rental market driven by workforce expansion. Average rents hover near $1,500 monthly while appreciation rates hold steady at 4-5% annually. Renter occupancy exceeds 45%, supported by stable employment in logistics and healthcare sectors. Low vacancy and consistent cash flow make townhouses here a reliable choice for passive income.
Frequently Asked Questions
Cordova offers solid rental yields around 6-7% with average rents at $1,500 monthly. High renter occupancy over 45% stems from proximity to Memphis jobs. Stable appreciation supports long-term equity growth.
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