1143 Pettigrew Dr, Hernando, MS, 38632 | $595/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1143 Pettigrew Dr, Hernando, MS, 38632 | $595/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 1143 Pettigrew Dr, Hernando, MS, 38632 uses $116,986 cash to close to unlock $7,136/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $2,754/mo, and a $1,727/mo payment keeps the spread at $595/mo. Purchase price stands at $352,900, and rental yield measures 9.36% with $2,754/mo rent. Return on cash invested shows 26.01% in year one, and 5% annual appreciation builds toward $97,500 over five years. Five-year ROI reaches 135.45% and total cumulative return in cash records $158,460. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,754/mo property income covering a $1,727/mo payment rather than investor’s personal income.

Single Family

Built in 2021

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 2044 square foot property in the heart of Hernando offering inviting curb appeal, an open and airy floor plan, and a warm comfortable feel throughout. The living area is filled with natural light and anchored by a cozy fireplace that flows seamlessly into a bright dining space and a well appointed kitchen with white cabinetry, stainless steel appliances, and a spacious island perfect for everyday living. The primary suite offers a peaceful retreat with tall ceilings, a large walk in closet, and an ensuite bath featuring a tile shower, a soaking tub, and dual sinks. Two additional bedrooms and a bonus room upstairs provide plenty of flexibility for guests, work, or play. Enjoy an oversized fenced backyard situated on a point two three acre lot complete with a covered patio ideal for relaxing or entertaining. With thoughtful finishes, generous storage, and a location close to Hernando schools, shopping, and restaurants, this home blends comfort and convenience in a beautifully designed space.

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