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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hernando at 1090 Lake View Dr, Hernando, MS, 38632 generates $3,886/mo in rent and, after a $2,325/mo payment, leaves $914/mo in cash flow. Total monthly income is $3,886/mo, and annual cash flow is $10,968/yr on $157,463 invested. Return on cash invested sits at 26.87% in year one, and rental yield is 9.82% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 140.27% and total cumulative return in cash sums $220,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.50 Acres lot
$N/A/sqft
$58 monthly HOA
Neighborhood data shown for ZIP Code: 38632, Hernando, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,513 (100%) |
| Owner Occupied HU | 10,035 (80.2%) |
| Renter Occupied HU | 1,589 (12.7%) |
| Vacant Housing Units | 889 ( 7.1%) |
| Median Home Value | $352,383 |
| Average Home Value | $379,373 |
Residential
12,077
Single Family
11,627
Multi-Family
450
Businesses
841
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Listed for sale | $475,000 |
| 2012-09-30 | Listing removed | $309,000 |
| 2012-09-05 | Price change | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $3265.76 | N/A | $25,701 | N/A |
| 2023-08-02 | $3265.76 | N/A | $25,701 | N/A |
| 2022-08-02 | $3265.76 | N/A | $25,701 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
