








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 2317 Scott Meadows Ln, Hernando, MS, 38632 offers a 9.93% rental yield on a $387,900 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $1,899/mo payment leaves $811/mo available for distribution. Annual cash flow reaches $9,730/yr on $128,589 to close, and return on cash invested stands at 27.48% in year one. Equity gained on principal adds $2,503/yr while 5% annual appreciation supports $107,170 over five years. Portfolio math shows five-year ROI at 143.41% and total cumulative return in cash at $184,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.74 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 |
|---|---|---|
| 2024-08-29 | Listed for sale | $387,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Dawn Sandifer • Legacy Homes Realty, LLC
Mls Name: MLS United
Mls ID: #4089936
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.