







No similar price properties found nearby.

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 11360 1st Cypress Cv, Hernando, MS, 38632 generates $3,210/mo in rent, after a $3,035/mo payment. Total monthly income is $3,210/mo. Return on cash invested sits at 16.62% in year one, and rental yield is 6.21% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 85.1% and total cumulative return in cash sums $173,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,210/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
1.50 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 |
|---|---|---|
| 2025-07-18 | Listed for sale | $620,000 |
| 2010-02-18 | Listing removed | $890,000 |
| 2010-01-09 | Listed for sale | $890,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-25 | N/A | N/A | $9,495 | N/A |
| 2023-07-25 | N/A | N/A | $9,495 | N/A |
| 2022-07-25 | N/A | N/A | $9,495 | N/A |
No similar price properties found nearby.



Listed by: Diane Haskett • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4119849
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.