1535 Fall Garden Dr, Hernando, MS, 38632 | $312/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1535 Fall Garden Dr, Hernando, MS, 38632 | $312/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Hernando at 1535 Fall Garden Dr, Hernando, MS, 38632 generates $2,821/mo in rent and, after a $2,007/mo payment, leaves $312/mo in cash flow. Total monthly income is $2,821/mo, and annual cash flow is $3,741/yr on $135,915 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 8.26% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 117.51% and total cumulative return in cash sums $159,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,821/mo property income rather than buyer’s personal income.

Single Family

Built in 2021

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning 4-Bedroom, 2-Bath Home - Modern Comfort & Relaxation Await! Built in 2021 - Move-in Ready! Welcome to this beautifully designed 4-bedroom, 2-bathroom home offering the perfect blend of style, comfort, and functionality. Nestled in a desirable neighborhood, this property is ideal for families and anyone who loves to entertain. Spacious Open Floor Plan: Enjoy a bright and airy living space that flows seamlessly from room to room. The open-concept design is perfect for both everyday living and hosting guests. Gourmet Kitchen: Featuring a large island, plenty of counter space, and modern appliances, this kitchen is every chef's dream. Whether you're preparing a meal or enjoying casual conversation, this space is the heart of the home. Private Backyard Oasis: The fully fenced backyard offers privacy and plenty of room for kids, pets, or simply relaxing outdoors. Plus, unwind in the included hot tubthe perfect place to soak in the evenings or entertain friends. Modern Comforts: Built in 2021, this home boasts the latest in energy-efficient features and stylish finishes, ensuring you're not only living in comfort but also in style. Move-In Ready: With fresh finishes throughout, this home is ready for you to move in and make it your own! Whether you're enjoying a peaceful evening on the patio or cooking in your dream kitchen, this home offers everything you need and more. Don't miss outschedule a tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 38632, Hernando, MS area.

Housing Distribution

Housing Statistics

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