7570 Chapel Ridge DrCordovaTN38016
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 7570 Chapel Ridge Dr, Cordova, TN, 38016 at $530,000 posts ROI 32.36% with $1,787/mo cash flow from $5,555/mo rent. Total monthly income equals $5,555/mo, and annual cash flow records $21,444/yr on $174,370 to close. Return on cash invested measures 32.36% and rental yield reads 12.58% at the current $530,000. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 by year five. Five-year ROI prints 170.81% and total cumulative return in cash totals $297,835.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,555/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
1.12 Acres lot
$N/A/sqft
$3,000 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: Jennifer Atkeison • Collier REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10176335
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