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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 1269 Swinging Gate Cv, Hernando, MS, 38632 priced at $591,200 pairs $3,210/mo rent with after a $2,894/mo payment. Total monthly income equals $3,210/mo. Return on cash invested is 17.54% in year one, and rental yield stands at 6.52% on a $591,200 basis. Equity gained on principal adds $3,815/yr, and 5% annual appreciation accumulates to $163,338 by year five. Five-year ROI measures 90.02% and total cumulative return in cash reaches $175,101. For financing, Ziffy Mortgage’s DSCR program evaluates $3,210/mo property income against a $2,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1.70 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 |
|---|---|---|
| 2024-12-11 | Listed for sale | $591,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $1902.96 | N/A | $21,934 | N/A |
| 2022-01-29 | $1902.96 | N/A | $21,934 | N/A |
| 2021-01-29 | $1902.96 | 8.14% | $21,934 | 6.99% |
Listed by: Becky Austin • Austin Realty Group, Inc-Her
Mls Name: MLS United
Mls ID: #4098673
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
