








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 1209 Flint Lock Cv, Hernando, MS, 38632 offers a 10.85% rental yield on a $549,000 purchase with $4,963/mo rent. Total monthly income registers $4,963/mo, and a $2,687/mo payment leaves $1,603/mo available for distribution. Annual cash flow reaches $19,242/yr on $180,621 to close, and return on cash invested stands at 30.71% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 160.66% and total cumulative return in cash at $290,192. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,963/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
3.30 Acres 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 |
|---|---|---|
| 2025-09-12 | Price change | $549,000 |
| 2025-07-31 | Price change | $550,000 |
| 2025-06-02 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $1987.94 | N/A | $22,884 | N/A |
| 2023-09-19 | $1987.94 | N/A | $22,884 | N/A |
| 2022-09-19 | $1987.94 | N/A | $22,884 | N/A |



Listed by: Brennan Bynum • Keller Williams Realty - MS
Mls Name: MLS United
Mls ID: #4125511
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.