Cordova, TN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Cordova short-term rental market based on reliable data.

Listings

59 / 230

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,364

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$303,316

Median Home Sale Price

Top Earners

$49,709

Top-Earners Revenue

Cordova

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cordova.

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B

Generally Investor friendly

Cordova Regulations

Germantown permits short‑term rentals without a restrictive local ordinance, but investors must secure separate city, county and state business licenses, carry $500,000 liability insurance, and follow state occupancy caps (12 guests max). The moderate permitting and compliance steps keep the burden manageable while still imposing some operational limits.

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About Cordova

Cordova is a suburban community in Shelby County, Tennessee, situated in the southwestern corner of the state just east of Memphis. With an approximate population of around 65,000 residents, it functions primarily as a residential suburb within the Memphis metropolitan area rather than as an independent municipality. The community has a family-friendly character, anchored by an array of shopping centers, restaurants, and parks, and it is best known as a convenient base for visitors who want to experience Memphis without staying in the busy downtown core. Cordova lies roughly 20 to 25 miles east of downtown Memphis, making it an easy drive along well-traveled interstate highways.

Just a few minutes west of Cordova lies Shelby Farms Park, one of the largest urban parks in the United States, sprawling across roughly 4,500 acres of green space, lakes, and woodland trails. The park offers miles of hiking and biking paths, horseback riding, paddleboard and kayak rentals, playgrounds, and a popular go-kart track, making it a major draw for active travelers and families. Its proximity, just a short drive from the heart of Cordova, means guests can spend a full day outdoors without ever leaving the immediate area.

A short drive farther west brings visitors to Memphis itself and the cluster of iconic attractions that define the region. Graceland, the famous former home of Elvis Presley, draws music lovers from around the world and remains one of the most visited private residences in the country. Just beyond downtown, travelers can explore Beale Street, the historic strip celebrated as the birthplace of the blues, and the National Civil Rights Museum at the Lorraine Motel, which preserves the site of Dr. Martin Luther King Jr.'s assassination and offers a deeply moving walk through the American civil rights movement.

The Mississippi River, which forms the western boundary of Tennessee and curves through downtown Memphis, also invites visitors with riverboat cruises, riverside parks, and scenic overlooks. Closer to Cordova, the Agricenter International serves as a research and education hub focused on agricultural innovation, hosting a public farmer's market and seasonal events that give the area a distinctly regional flavor tied to the Mid-South's farming heritage.

Cordova's appeal as a short-term rental base rests on its blend of suburban comfort and convenient access to the broader Memphis region. Travelers enjoy the calm of a residential setting with plentiful dining and shopping, while the world-class attractions of Memphis, from musical heritage sites and civil rights history to vast urban green spaces, are all within a short drive. For guests who want to balance relaxed suburban stays with the energy of a major Southern city, Cordova offers an attractive and welcoming middle ground.

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