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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 2484 Saint Ives Ln, Hernando, MS, 38632 with 5% annual appreciation on a $489,900 basis while $3,295/mo rent supports operations. Total monthly income totals $3,295/mo and a $2,398/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,262/yr on $162,402 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 8.07%. Five-year ROI measures 113.58% and total cumulative return in cash totals $184,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,295/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.35 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 |
|---|---|---|
| 2024-10-14 | Listed for sale | $489,900 |
| 2024-08-20 | Listing removed | N/A |
| 2022-06-03 | Listed for sale | $489,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $749.20 | N/A | $5,400 | N/A |
Listed by: Lexie A Hill • Austin Realty Group, Inc-Her
Mls Name: MLS United
Mls ID: #4019542
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
