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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% |
Investment property for sale in Hernando at 11423 High Rd, Hernando, MS, 38632 offers a 13.77% rental yield on a $243,300 purchase with $2,792/mo rent. Total monthly income registers $2,792/mo, and a $1,191/mo payment leaves $1,303/mo available for distribution. Annual cash flow reaches $15,636/yr on $80,654 to close, and return on cash invested stands at 39.29% in year one. Equity gained on principal adds $1,570/yr while 5% annual appreciation supports $67,219 over five years. Portfolio math shows five-year ROI at 206.71% and total cumulative return in cash at $166,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,792/mo property income against a $1,191/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
N/A 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 |
|---|---|---|
| 2025-08-09 | Listing removed | $250,000 |
| 2025-08-07 | Listed for sale | $250,000 |
| 2025-08-01 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $454.41 | N/A | $12,000 | N/A |
| 2023-10-23 | $454.41 | -59.53% | $12,000 | 7.92% |
| 2022-10-23 | $1122.80 | 207.24% | $11,119 | N/A |
No similar rental properties found nearby.
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #10198970
