1180 Thunderbird Dr S, Hernando, MS, 38632 | $590/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1180 Thunderbird Dr S, Hernando, MS, 38632 | $590/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 1180 Thunderbird Dr S, Hernando, MS, 38632 earns $590/mo cash flow from $2,726/mo rent with a $1,708/mo payment. Total monthly income totals $2,726/mo, and annual cash flow totals $7,086/yr on $115,694 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.37% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 135.6% and total cumulative return in cash sums $156,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,726/mo property income instead of your personal income.

Single Family

Built in 1986

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Your morning cup of coffee will never be the same. You have so many decks or docks to choose from. This is a well cared for home that features four bedrooms and three full baths. The master bedroom and bath are located on the main level with a set of french doors that lead to its own private deck. There is also another bath and bedroom on the main level. The master bath features a walk in shower and the other bath has a tub/shower combo. Downstairs there are two more bedrooms and a bath . The den is open to the kitchen and has a natural gas fireplace, two ceiling fans and right out the door is a huge deck overlooking the lake. All of the appliances are only one year old and remain with the house. The seller is also leaving a washing machine that is also a year old. The entire main level features beautiful luxury vinyl plank flooring. There is a laundry room off the double carport with built in cabinets for storage. All rooms on the main level have access to the deck. The stairs to the boat dock and deck have just been rebuilt. You have a large lake view from both directions. You need to come see this house!!!

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