







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% |


Investment property for sale in Hernando at 2850 Horn Lake Rd, Hernando, MS, 38632 with 5% annual appreciation on a $615,000 basis while $4,818/mo rent supports operations. Total monthly income totals $4,818/mo and a $3,010/mo payment preserves $1,055/mo for cash returns. Annual cash flow comes to $12,655/yr on $202,335 deployed, and return on cash invested reaches 26.31% in year one. Equity gained on principal adds $3,969/yr, and five-year appreciation sums $169,913 alongside rental yield of 9.4%. Five-year ROI measures 137.07% and total cumulative return in cash totals $277,349.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,818/mo property income versus a $3,010/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
3.29 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $3101.32 | N/A | $34,020 | N/A |
| 2023-04-22 | $3101.32 | 18.92% | $34,020 | 16.97% |
| 2022-04-22 | $2607.92 | N/A | $29,085 | N/A |
No similar rental properties found nearby.



Listed by: Christy Savage • Burch Realty Group Hernando
Mls Name: MLS United
Mls ID: #4110141
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.