263 Shadow Grove 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
Investment property for sale in Cordova at 263 Shadow Grove Cv, Cordova, TN, 38018 at $259,000 posts ROI 31.47% with $827/mo cash flow from $2,378/mo rent. Total monthly income equals $2,378/mo, and annual cash flow records $9,927/yr on $85,859 to close. Return on cash invested measures 31.47% and rental yield reads 11.02% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 164.62% and total cumulative return in cash totals $141,340.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
7,405 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
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