Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1150 Howell Way, Hernando, MS, 38632 with 5% annual appreciation on a $347,222 basis while $3,210/mo rent supports operations. Total monthly income totals $3,210/mo and a $1,699/mo payment preserves $1,044/mo for cash returns. Annual cash flow comes to $12,528/yr on $115,104 deployed, and return on cash invested reaches 30.79% in year one. Equity gained on principal adds $2,241/yr, and five-year appreciation sums $95,931 alongside rental yield of 11.09%. Five-year ROI measures 161.26% and total cumulative return in cash totals $185,622.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,210/mo property income versus a $1,699/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
$500 annually 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 |
|---|---|---|
| 2025-01-25 | Price change | $347,222 |
| 2025-01-15 | Price change | $347,444 |
| 2025-01-07 | Price change | $347,666 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tesa S Bryant • Agner & Associates
Mls Name: MLS United
Mls ID: #4085859
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
