7646 Dexter Run CirCordovaTN38016
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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 7646 Dexter Run Cir, Cordova, TN, 38016 generates $2,557/mo in rent and, after a $1,462/mo payment, leaves $769/mo in cash flow. Total monthly income is $2,557/mo, and annual cash flow is $9,226/yr on $99,036 invested. Return on cash invested sits at 29.23% in year one, and rental yield is 10.27% on a $298,750 entry. Equity gained on principal adds $1,928/yr, while 5% annual appreciation builds toward $82,539 over five years. Five-year ROI reaches 152.52% and total cumulative return in cash sums $151,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,557/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.27 Acres lot
$N/A/sqft
No 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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