11037 Silsbe LnCordovaTN38028
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 11037 Silsbe Ln, Cordova, TN, 38028 generates $4,674/mo in rent and, after a $2,765/mo payment, leaves $1,292/mo in cash flow. Total monthly income is $4,674/mo, and annual cash flow is $15,507/yr on $185,885 invested. Return on cash invested sits at 28.4% in year one, and rental yield is 9.93% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 148.11% and total cumulative return in cash sums $275,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,674/mo property income rather than buyer’s personal income.
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
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Listed by: Crystal Mitchell • Renshaw Company, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10196040
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