2466 Hyacinth CvHernandoMS38632
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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
Investment Highlights
Investment property for sale in Hernando at 2466 Hyacinth Cv, Hernando, MS, 38632 offers a 11.53% rental yield on a $333,990 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $1,635/mo payment leaves $1,137/mo available for distribution. Annual cash flow reaches $13,640/yr on $110,718 to close, and return on cash invested stands at 32.23% in year one. Equity gained on principal adds $2,155/yr while 5% annual appreciation supports $92,275 over five years. Portfolio math shows five-year ROI at 168.94% and total cumulative return in cash at $187,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $1,635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$350 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,077
Single Family
11,627
Multi-Family
450
Businesses
841
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Listed by: Jennifer Woods • D R Horton Inc (Memphis)
Mls Name: MLS United
Mls ID: #4098516
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.