10991 High Rd, Hernando, MS, 38632 | $319/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10991 High Rd, Hernando, MS, 38632 | $319/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Hernando at 10991 High Rd, Hernando, MS, 38632 earns $319/mo cash flow from $1,754/mo rent with a $1,121/mo payment. Total monthly income totals $1,754/mo, and annual cash flow totals $3,830/yr on $75,914 capital. ROI tracks 24.95% on current figures, and rental yield reads 9.19% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 130.05% and total cumulative return in cash sums $98,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,754/mo property income instead of your personal income.

Single Family

Built in 1960

0.42 Acres lot

$N/A/sqft

$400 annually HOA

More details about the property

**NEW** LAKE FRONT LISTING!! Welcome home to the Lake O' The Hills! So much character and charm found here along with an abundance of wildlife and a fully stocked lake with bass, bream, crappie, and catfish. The house features 3 bedrooms, 3 bathrooms, private laundry room, sun room, and cedar closets. Marvel in the breathtaking views of the 185 acre lake off the screened in porch or out on the private boat dock and balcony. You'll fall in love with the master bedroom and savor the way the french doors let in soft natural light that make the gorgeous hardwood floors shine. Off the master, you'll find a private balcony that is the perfect spot to wind down and soak in all the views of the lake. All bathrooms are currently being remodeled, and carpet in 2 bedrooms installed, photos will be taken once complete. Outside, there is a storage shed and also a 2 car garage. (very rare out here) 9.9 Motor on boats are allowed and this lake loves to be fished, kayaked, canoed, and cruised on. This home is ready to make your lake life dreams a reality! **buyer to verify sq/ft and schools. **Bathrooms & laundry remodel complete 6/3/25 **seller adding carpet to two bedrooms **boat can be purchased by separate agreement

Neighborhood Data

Neighborhood data shown for ZIP Code: 38632, Hernando, MS area.

Housing Distribution

Housing Statistics

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