








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Hernando at 113 N Parkway St, Hernando, MS, 38632 earns $145/mo cash flow from $2,531/mo rent with a $1,908/mo payment. Total monthly income totals $2,531/mo, and annual cash flow totals $1,745/yr on $129,252 capital. ROI tracks 21.26% on current figures, and rental yield reads 7.79% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 110% and total cumulative return in cash sums $142,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,531/mo property income instead of your personal income.
Single Family
Built in 1988
0.30 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-09-24 | Price change | $389,900 |
| 2024-08-13 | Price change | $399,900 |
| 2024-07-31 | Listed for sale | $424,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1278.49 | N/A | $16,715 | N/A |
| 2022-10-16 | $1278.49 | N/A | $16,715 | N/A |
| 2021-10-16 | $1278.49 | -60.42% | $16,715 | -28.21% |



Listed by: Tyler Cobb • Dream Maker Realty
Mls Name: MLS United
Mls ID: #4087070
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.