1612 Whisper Edge CvCordovaTN38016
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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
Rental property for sale in Cordova at 1612 Whisper Edge Cv, Cordova, TN, 38016 priced at $299,999 pairs $2,611/mo rent with $641/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,611/mo, and annual cash flow comes to $7,696/yr on $99,450 invested. Return on cash invested is 27.65% in year one, and rental yield stands at 10.44% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 144.86% and total cumulative return in cash reaches $144,060. For financing, Ziffy Mortgage’s DSCR program evaluates $2,611/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
7,840 sqft lot
$N/A/sqft
$500 annually 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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Listed by: Amy Williams • Groome & Co.
Mls Name: MAAR
Mls Provider:
Mls ID: #10180746
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