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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% |
Investment property for sale in Hernando at 1461 Clair Cir S, Hernando, MS, 38632 offers a 8.32% rental yield on a $462,990 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $2,266/mo payment leaves $352/mo available for distribution. Annual cash flow reaches $4,222/yr on $153,481 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $2,988/yr while 5% annual appreciation supports $127,916 over five years. Portfolio math shows five-year ROI at 117.57% and total cumulative return in cash at $180,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $2,266/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.23 Acres lot
$N/A/sqft
$25 monthly 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 |
|---|---|---|
| 2025-07-25 | Listed for sale | $462,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $2816.14 | 299.54% | $22,443 | 343.27% |
| 2023-08-02 | $704.84 | N/A | $5,063 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
