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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% |
Rental property for sale in Hernando at 1266 Perry Pl, Hernando, MS, 38632 offers $2,965/mo rent that, after a $1,738/mo payment, leaves $750/mo cash flow. Total monthly income is $2,965/mo, and annual cash flow is $9,005/yr on $117,683 cash. Return on cash invested measures 27.56% in year one, and rental yield stands at 10.02% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 143.95% and total cumulative return in cash reaches $169,404. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,965/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.27 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $355,000 |
| 2022-04-30 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Johnston • Marx-Bensdorf, Realtors
Mls Name: MLS United
Mls ID: #4108948
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
