Condo Investment Properties for Sale in Hernando, MS
$ 299,900
ROI
26.2
Cash Flow/m
536- 3 Bed
- 3 Bath
- 1570 sft
1144 Martin Cir, Hernando, MS, 38632
$ 275,000
ROI
28.8Cash Flow/m
688- 3 Bed
- 2 Bath
- 1205 sft
856 Cardinal Ln, Hernando, MS, 38632
or
Here are some other similar properties you might be interested in:
Fix & Flip
Listed for sale 6 days ago
$ 100,000
ROI
26.3Cash Flow/m
181- 2 Bed
- 1 Bath
- 1048 sft
5075 Fleetwood Cv, Horn Lake, MS, 38637
$ 100,000
ROI
26.3Cash Flow/m
181- 3 Bed
- 1 Bath
- 1000 sft
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ROI
26.3Cash Flow/m
183- 3 Bed
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ROI
25.9Cash Flow/m
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- 1000 sft
57 County Road 212, Burnsville, MS, 38833
$ 100,000
ROI
26.7Cash Flow/m
192- 3 Bed
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- 1235 sft
15216 Depot St, Coffeeville, MS, 38922
Fix & Flip
Rental Income
$ 100,000
ROI
26.4Cash Flow/m
184- 2 Bed
- 2 Bath
- 1548 sft
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$ 100,000
ROI
26.3Cash Flow/m
182- 1 Bed
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- 810 sft
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$ 100,000
ROI
25.3Cash Flow/m
153- 4 Bed
- 2 Bath
- 1690 sft
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$ 100,000
ROI
26.4Cash Flow/m
186- 3 Bed
- 1 Bath
- 1008 sft
208 E Wheeler St, Okolona, MS, 38860
Fix & Flip
$ 100,000
ROI
25.7Cash Flow/m
166- 3 Bed
- 2 Bath
- 1504 sft
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ROI
26.4Cash Flow/m
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25.0Cash Flow/m
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ROI
29.0Cash Flow/m
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$ 100,000
ROI
24.9Cash Flow/m
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5741 Eastwood Dr, Moss Point, MS, 39563
$ 100,000
ROI
26.6Cash Flow/m
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$ 100,000
ROI
26.5Cash Flow/m
189- 3 Bed
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$ 100,000
ROI
25.6Cash Flow/m
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Fix & Flip
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ROI
26.4Cash Flow/m
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$ 100,000
ROI
24.9Cash Flow/m
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- 2 Bath
- 1196 sft
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$ 100,000
ROI
25.8Cash Flow/m
168- 1 Bed
- 1 Bath
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$ 100,000
ROI
25.0Cash Flow/m
145- 3 Bed
- 2 Bath
- 1338 sft
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$ 100,000
ROI
26.2Cash Flow/m
180- 3 Bed
- 1 Bath
- 1054 sft
29 Greenwood St, Starkville, MS, 39759
Motivated Seller
$ 100,000
ROI
25.0Cash Flow/m
146- 2 Bed
- 2 Bath
- 800 sft
108 Sullivan Cv, Vicksburg, MS, 39183
Fix & Flip
$ 100,000
ROI
25.9Cash Flow/m
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3730 University Ave, Laurel, MS, 39440
Why Invest in Hernando, Mississippi?
Hernando, MS offers strong potential for condo investors seeking steady rental income in a growing Memphis suburb. With a renter-occupied rate around 25%, demand remains solid amid stable home values near $340K. Average rents support yields of 5-6%, complemented by cap rates of 6-7% and modest 2% annual appreciation. Proximity to employment hubs enhances cash flow reliability for multifamily units like condos.
6.5%
Avg. ROI
5.8%
Rental Yield
6.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
Yes, condos in Hernando offer solid rental yields around 5-6% due to demand from commuters and families. Stable appreciation and low vacancy support long-term cash flow. Proximity to Memphis jobs enhances reliability.
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