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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Cordova presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Cordova, TN is a suburban Memphis community where short-term rental investors face a competitive but potentially rewarding landscape. With just 26 active Airbnb listings and an average annual revenue of $23,014, the market is small and selective — but its above-average revenue-to-price ratio and favorable supply/demand balance suggest that well-positioned properties can still perform. The average daily rate of $196 sits below the Tennessee state average of $309, though occupancy at 33% edges above the 29% state benchmark, indicating that demand exists for listings priced appropriately.
According to Rabbu market data, the Cordova short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 26 |
| Average Daily Rate (ADR) | vs. $309 state avg. | $196 |
| Average Occupancy Rate | vs. 29% state avg. | 33% |
| RevPAN | ADR * Occupancy Rate | $65 |
| Average Monthly Revenue | Historical 12-month average | $1,917 |
| Average Annual Revenue | Historical 12-month average | $23,014 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Cordova appeals to investors seeking an affordable entry point near Memphis with a favorable supply/demand dynamic, though the market rewards selectivity over broad-stroke purchasing.
Key investment factors
"Cordova represents a competitive opportunity where the right property type makes a meaningful difference. Larger listings — particularly 5-bedroom homes — dramatically outperform smaller units on nearly every metric, from RevPAN ($154 vs. $21 for 1-bedrooms) to annual revenue ($58,661 vs. $8,992). Seasonality is moderate: May is the strongest month at $2,543, while February dips to $1,220, producing a manageable but notable swing that investors should plan around. The rapid 167% year-over-year growth in listings is worth watching closely, as it could compress occupancy further if demand doesn't keep pace."
— Rabbu Market Analysis Team
Revenue in Cordova peaks in May at $2,543 and dips to its lowest in February at $1,220, creating a roughly 2:1 spread between the strongest and weakest months. The spring-to-summer window (March through August) consistently outperforms the rest of the year, signaling meaningful seasonality that investors should account for when projecting cash flow.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,300 |
| February |
|
$1,220 |
| March |
|
$2,286 |
| April |
|
$1,983 |
| May |
|
$2,543 |
| June |
|
$1,944 |
| July |
|
$2,264 |
| August |
|
$1,988 |
| September |
|
$1,928 |
| October |
|
$2,069 |
| November |
|
$1,711 |
| December |
|
$1,773 |
One-bedroom units dominate the supply with 11 of 26 total listings, while 2-bedroom and 5-bedroom properties each account for just 5 listings. The absence of 3- and 4-bedroom properties in the active supply could represent an underserved niche worth exploring, particularly given the strong revenue performance of larger homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
11 |
| 2 bedrooms |
|
5 |
| 5 bedrooms |
|
5 |
ADR jumps dramatically with size in Cordova — from $90 for 1-bedroom listings to $201 for 2-bedrooms and $406 for 5-bedroom properties. The 2-bedroom tier represents a particularly notable inflection point, more than doubling the 1-bedroom rate, while 5-bedroom homes command a substantial premium suited for group or family stays.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$90 |
| 2 bedrooms |
|
$201 |
| 5 bedrooms |
|
$406 |
Five-bedroom properties deliver by far the strongest RevPAN at $154 per available night, compared to $61 for 2-bedrooms and just $21 for 1-bedrooms. This wide disparity suggests that larger properties convert their higher nightly rates into meaningfully better revenue efficiency even after accounting for occupancy differences.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$21 |
| 2 bedrooms |
|
$61 |
| 5 bedrooms |
|
$154 |
Occupancy scales upward with property size: 1-bedroom listings average 23%, 2-bedrooms reach 31%, and 5-bedroom homes lead at 38%. The relatively low occupancy for smaller units raises cash-flow stability concerns, while larger properties offer both higher fill rates and more predictable income streams.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
23% |
| 2 bedrooms |
|
31% |
| 5 bedrooms |
|
38% |
Monthly revenue differences across property sizes are stark — 5-bedroom homes average $4,888 per month, more than 6.5 times the $749 that 1-bedroom listings generate. Two-bedroom properties sit at $1,826 monthly, making them a moderate middle ground, though the revenue gap to 5-bedroom homes is substantial.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$749 |
| 2 bedrooms |
|
$1,826 |
| 5 bedrooms |
|
$4,888 |
At $58,661 in average annual revenue, 5-bedroom properties in Cordova deliver nearly seven times the $8,992 that 1-bedroom listings earn per year. Two-bedroom units generate $21,918 annually, roughly matching the overall market average, but investors targeting premium returns will find the strongest case in larger configurations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$8,992 |
| 2 bedrooms |
|
$21,918 |
| 5 bedrooms |
|
$58,661 |
Parking leads at 92%, followed closely by washer (85%), dryer (81%), and kitchen (81%) — reflecting guest expectations for home-like suburban stays. Workspace and self check-in both appear in 73% of listings, signaling demand from remote workers and business travelers, while premium amenities like pools (8%) and saunas (8%) remain rare differentiators.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
92% |
| Washer |
|
85% |
| Dryer |
|
81% |
| Kitchen |
|
81% |
| Self Check-in |
|
73% |
| Workspace |
|
73% |
| Backyard |
|
65% |
| Patio or Balcony |
|
65% |
| BBQ Grill |
|
62% |
| Outdoor Furniture |
|
62% |
| Pets |
|
35% |
| Pool |
|
8% |
| Sauna |
|
8% |
| EV Charger |
|
4% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Cordova Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Above average | 15% |
Cordova's ROI Score of 43 out of 100 places it in the 'Competitive Opportunity' band, meaning the fundamentals are there but success depends on property selection and operational execution. The above-average revenue-to-price ratio and supply/demand balance are encouraging, while below-average occupancy stability and market growth trends suggest the market is still maturing and may face headwinds as new listings enter. Investors should pair these data points with thorough local regulatory research and target property types — especially larger homes — that have demonstrated stronger occupancy and revenue performance.
Understanding local STR regulations is essential before investing in Cordova. Here's the current regulatory landscape:
Short-term rental operators in Cordova, which falls within the jurisdiction of Memphis and Shelby County, Tennessee, should verify whether a permit or business registration is required before listing their property. Regulations can change frequently, so consulting the city of Memphis planning department or Shelby County offices directly is strongly recommended.
Common STR restrictions in the area may include occupancy limits, noise and nuisance ordinances, minimum-stay requirements, parking provisions, and potential HOA restrictions that can vary by subdivision. Investors should review any homeowner association covenants carefully, as Cordova is a largely suburban market where HOA rules often carry significant weight.
Short-term rental hosts in Tennessee are generally subject to state and local occupancy taxes, as well as applicable sales tax. Many booking platforms collect and remit a portion of these taxes automatically, but operators should confirm their full obligation with the Tennessee Department of Revenue and local authorities.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Cordova can provide current regulatory guidance.
Financing an Airbnb investment in Cordova requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Cordova's STR market is likely to remain tightly competitive as listing counts have surged 167% year over year, adding pressure on occupancy rates that already sit at a modest 33%. Seasonal patterns suggest revenue should peak in the May–July corridor and again in October, with softer months like January and February pulling monthly averages closer to $1,200–$1,300. Investors entering this market can expect ADR to hold relatively steady in the $190–$205 range, though occupancy stability — flagged as below average — means cash-flow forecasting should build in conservative assumptions. Selective deal sourcing with larger properties could tilt the math more favorably given the outsized RevPAN that 5-bedroom listings generate."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Market data reflects trailing performance and conditions may have shifted since the most recent data collection period. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.
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