10222 Needle Pine DrCordovaTN38016
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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
Investment property for sale in Cordova at 10222 Needle Pine Dr, Cordova, TN, 38016 earns $197/mo cash flow from $1,841/mo rent with a $1,344/mo payment. Total monthly income totals $1,841/mo, and annual cash flow totals $2,368/yr on $90,997 capital. ROI tracks 22.51% on current figures, and rental yield reads 8.05% at a $274,500 purchase. Equity gained on principal adds $1,771/yr, and 5% annual appreciation supports $75,839 over five years. Five-year ROI reaches 116.56% and total cumulative return in cash sums $106,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,841/mo property income instead of your personal income.
Single Family
Built in 2010
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38016, Cordova, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,425 (100%) |
| Owner Occupied HU | 11,350 (55.6%) |
| Renter Occupied HU | 8,108 (39.7%) |
| Vacant Housing Units | 967 ( 4.7%) |
| Median Home Value | $326,922 |
| Average Home Value | $361,175 |
Housing Distribution
Address Breakdown
Residential
20,689
Single Family
14,670
Multi-Family
6,019
Businesses
614
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