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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 1155 Pettigrew Dr, Hernando, MS, 38632 at $329,900 posts ROI 30.34% with $951/mo cash flow from $3,008/mo rent. Total monthly income equals $3,008/mo, and annual cash flow records $11,411/yr on $109,362 to close. Return on cash invested measures 30.34% and rental yield reads 10.94% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 158.84% and total cumulative return in cash totals $173,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2025-04-05 | Listed for sale | $329,900 |
| 2021-06-07 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $2363.99 | N/A | $17,039 | N/A |
| 2023-04-08 | $2363.99 | N/A | $17,039 | N/A |
| 2022-04-08 | $2363.99 | 278.64% | $17,039 | 278.64% |
Listed by: Christy L Rayburn • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4109162
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
