







No similar rental properties found nearby.
No similar price properties found nearby.

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 2670 Emerald Way Dr, Hernando, MS, 38632 with 5% annual appreciation on a $474,400 basis while $4,189/mo rent supports operations. Total monthly income totals $4,189/mo and a $2,322/mo payment preserves $1,286/mo for cash returns. Annual cash flow comes to $15,430/yr on $157,264 deployed, and return on cash invested reaches 29.72% in year one. Equity gained on principal adds $3,061/yr, and five-year appreciation sums $131,068 alongside rental yield of 10.6%. Five-year ROI measures 155.36% and total cumulative return in cash totals $244,318.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,189/mo property income versus a $2,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
1.53 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.



Listed by: Tina D Martin • Crye-Leike Hernando
Mls Name: MLS United
Mls ID: #4124750