








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 1234 Greers Landing Dr, Hernando, MS, 38632 at $559,900 posts ROI 18.65% with from $3,210/mo rent. Total monthly income equals $3,210/mo. Return on cash invested measures 18.65% and rental yield reads 6.88% at the current $559,900. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 by year five. Five-year ROI prints 96.01% and total cumulative return in cash totals $176,854. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,210/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1.52 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 |
|---|---|---|
| 2024-09-08 | Price change | $559,900 |
| 2024-05-29 | Listed for sale | $599,500 |
| 2023-12-25 | Listing removed | $613,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2570.03 | N/A | $28,706 | N/A |
| 2022-10-16 | $2570.03 | N/A | $28,706 | N/A |
| 2021-10-16 | $2570.03 | 8.07% | $28,706 | 7.16% |



Listed by: Brian Couch • Burch Realty Group Hernando
Mls Name: MLS United
Mls ID: #4080980
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.