








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 2390 Oak Creek Dr, Hernando, MS, 38632 listed at $550,000 pairs $2,694/mo rent with a $2,692/mo payment. Total monthly income runs $2,694/mo. Return on cash invested measures 15.61% in year one, and rental yield registers 5.88% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 79.65% and total cumulative return in cash totals $144,130. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.95 Acres lot
$N/A/sqft
No 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 | Price change | $550,000 |
| 2024-07-08 | Listed for sale | $595,000 |
| 2021-10-29 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $1365.97 | 9.01% | $16,663 | 7.27% |
| 2022-01-29 | $1253.09 | 56.00% | $15,534 | N/A |
| 2021-01-29 | $803.24 | N/A | $15,534 | N/A |



Listed by: Shirley Agner • Agner & Associates
Mls Name: MLS United
Mls ID: #4084884
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.