The property at 10425 N Redmond Cir in Cordova, TN, offers a promising rental potential with monthly rents ranging from $1,940 to $2,150. Given the local market conditions, the estimated payback period is relatively short. The neighborhood is experiencing steady growth, enhancing the appeal for potential renters. This single-family home boasts modern amenities like hardwood floors, a ventless gas fireplace, and a spacious layout, which can significantly boost its rental appeal. However, the lack of precise square footage data is a minor setback.
To increase the property's rental value, consider upgrading kitchen appliances and adding smart home features, which are increasingly popular among renters. For owners considering selling, highlighting recent renovations and emphasizing the property's strong rental potential in marketing materials could attract investors. Additionally, ensuring the property's exterior is well-maintained will enhance curb appeal and attract quality tenants.