11037 Silsbe LnCordovaTN38028
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Cordova rental at 11037 Silsbe Ln, Cordova, TN, 38028 sits in the solid-income band: 9.93% gross yield, $4,674/mo rent, $1,292/mo net after the $2,541/mo debt service, DSCR 1.84. Entry price of $565,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $156,099 and $5,204/yr in principal reduction bring total cumulative return to $296,891.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.3% |
| Monthly Cash Flow | $1,292 | $285 |
City averages based on Cordova market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,674 |
| Total Monthly Debt Service | $3,157 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38028, Eads, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,463 (85.1%) |
| Renter Occupied HU | 278 ( 9.6%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $493,316 |
| Average Home Value | $536,169 |
Housing Distribution
Address Breakdown
Residential
2,925
Single Family
2,925
Multi-Family
0
Businesses
144
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
Single Family
Built in 2017
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38028, Eads, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,463 (85.1%) |
| Renter Occupied HU | 278 ( 9.6%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $493,316 |
| Average Home Value | $536,169 |
Housing Distribution
Address Breakdown
Residential
2,925
Single Family
2,925
Multi-Family
0
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Mitchell • Renshaw Company, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10196040
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