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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 1528 Tributary Dr, Hernando, MS, 38632 earns $242/mo cash flow from $3,815/mo rent with a $2,838/mo payment. Total monthly income totals $3,815/mo, and annual cash flow totals $2,899/yr on $190,787 capital. ROI tracks 21.58% on current figures, and rental yield reads 7.89% at a $579,900 purchase. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $213,193. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,815/mo property income instead of your personal income.
Single Family
Built in 2024
1.50 Acres lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-08-15 | Listed for sale | $579,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Sappenfield • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4084732
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
