8729 Dexter RdCordovaTN38016
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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 8729 Dexter Rd, Cordova, TN, 38016 priced at $339,900 pairs $2,523/mo rent with $488/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,523/mo, and annual cash flow comes to $5,855/yr on $112,677 invested. Return on cash invested is 25.11% in year one, and rental yield stands at 8.91% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 130.43% and total cumulative return in cash reaches $146,963. For financing, Ziffy Mortgage’s DSCR program evaluates $2,523/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.32 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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