1018 Cassabella CvCordovaTN38018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cordova at 1018 Cassabella Cv, Cordova, TN, 38018 generates $2,089/mo in rent and, after a $954/mo payment, leaves $922/mo in cash flow. Total monthly income is $2,089/mo, and annual cash flow is $11,065/yr on $64,643 invested. Return on cash invested sits at 37.03% in year one, and rental yield is 12.86% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 194.43% and total cumulative return in cash sums $125,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38018, Cordova, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,723 (100%) |
| Owner Occupied HU | 9,634 (61.3%) |
| Renter Occupied HU | 5,344 (34.0%) |
| Vacant Housing Units | 745 ( 4.7%) |
| Median Home Value | $324,913 |
| Average Home Value | $372,820 |
Housing Distribution
Address Breakdown
Residential
15,881
Single Family
13,739
Multi-Family
2,142
Businesses
919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices