Hardaway Plan, Sunset DownsCordovaTN38018
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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
Investment property for sale in Cordova at Hardaway Plan, Sunset Downs, Cordova, TN, 38018 with 5% annual appreciation on a $334,900 basis while $2,310/mo rent supports operations. Total monthly income totals $2,310/mo and a $1,639/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,665/yr on $111,019 deployed, and return on cash invested reaches 23.21% in year one. Equity gained on principal adds $2,161/yr, and five-year appreciation sums $92,527 alongside rental yield of 8.28%. Five-year ROI measures 120.3% and total cumulative return in cash totals $133,561.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,310/mo property income versus a $1,639/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A 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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