








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 1775 Clair Cir S, Hernando, MS, 38632 listed at $389,900 pairs $3,210/mo rent with a $1,908/mo payment to leave $801/mo cash flow. Total monthly income runs $3,210/mo, and annual cash flow reaches $9,614/yr on $129,252 cash to close. Return on cash invested measures 27.35% in year one, and rental yield registers 9.88% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 142.75% and total cumulative return in cash totals $184,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,210/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.52 Acres lot
$N/A/sqft
$165 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 |
|---|---|---|
| 2025-08-28 | Listed for sale | $389,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | $2727.21 | N/A | $21,802 | N/A |
| 2023-09-04 | $2727.21 | N/A | $21,802 | N/A |
| 2022-09-04 | $2727.21 | N/A | $21,802 | N/A |



Listed by: Leigh Graves • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4123986
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.