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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 2244 Slocum Rd, Hernando, MS, 38632 listed at $639,900 pairs $3,210/mo rent with a $3,132/mo payment. Total monthly income runs $3,210/mo. Return on cash invested measures 15.75% in year one, and rental yield registers 6.02% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 80.55% and total cumulative return in cash totals $169,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,210/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
1.69 Acres lot
$N/A/sqft
$600 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 |
|---|---|---|
| 2025-01-28 | Price change | $639,900 |
| 2024-12-05 | Price change | $645,900 |
| 2024-11-25 | Price change | $646,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | N/A | N/A | $36,676 | N/A |
| 2022-01-29 | $3703.54 | 552.02% | $36,676 | 552.02% |
| 2021-01-29 | $568.01 | N/A | $5,625 | N/A |
Listed by: Meatha Haynes • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4094681
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
