







No similar rental 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% |


Rental property for sale in Hernando at 2777 Oak Crossing Dr, Hernando, MS, 38632 offers $5,692/mo rent that, after a $3,859/mo payment, leaves $867/mo cash flow. Total monthly income is $5,692/mo, and annual cash flow is $10,405/yr on $259,417 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 8.66% at a $788,500 entry. Equity gained on principal adds $5,088/yr while 5% annual appreciation compounds into $217,848 by year five. Five-year ROI records 125.05% and total cumulative return in cash reaches $324,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,692/mo property income versus a $3,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4 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 |
|---|---|---|
| 2024-06-06 | Price change | $788,500 |
| 2024-05-08 | Listed for sale | $789,000 |
| 2024-04-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $3605.38 | N/A | $39,028 | N/A |
| 2022-01-29 | $3605.38 | N/A | $39,028 | N/A |
| 2021-01-29 | $3605.38 | 8.40% | $39,028 | 7.61% |
No similar rental properties found nearby.



Listed by: David S Hailey • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4079040
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.