3098 Fogg Rd S, Hernando, MS, 38632 | $2,079/mo Cash Flow

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3098 Fogg Rd S, Hernando, MS, 38632 | $2,079/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hernando at 3098 Fogg Rd S, Hernando, MS, 38632 offers a 10.71% rental yield on a $739,900 purchase with $6,606/mo rent. Total monthly income registers $6,606/mo, and a $3,621/mo payment leaves $2,079/mo available for distribution. Annual cash flow reaches $24,943/yr on $243,427 to close, and return on cash invested stands at 30.31% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,421 over five years. Portfolio math shows five-year ROI at 158.48% and total cumulative return in cash at $385,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,606/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2020

2.57 Acres lot

$N/A/sqft

No HOA

More details about the property

EXQUISITE FARMHOUSE ESTATE ON 2.57 ACRES OF LAND with Lake Access & A Beautiful, Resort-Style Gunite Pool located in Hernando, MS.THIS HOME HAS IT ALL!! Take advantage of this rare opportunity to own a distinguished farmhouse-inspired home, where modern design meets upscale amenities on 2.57 acres of beautiful grounds. This exceptional 5-bedroom, 4-1/2 bathroom residence offers refined living with abundant space, and beautiful country sunsets. Upstairs, there is a huge media room with a projector screen on a third level plus an additional large bonus on the opposite end of the second level. The home has amazing curb appeal and a beautiful covered front porch that invites you into a residence that balances rustic elegance with modern luxury. Inside, the open-concept floor plan has high-end finishes, generous natural light, and an effortless flow perfect for entertaining or relaxed family living. Step outside to a private backyard retreat featuring a custom saltwater gunite pool, overlooking your lake and serene views. . For added convenience, a fully equipped outdoor bathroomlocated in the garage and opening directly to the pool areaallows access for the guests utilizing the pool areas. A highlight of this estate is its exclusive access to a fully stocked lake which offers opportunities for fishing, kayaking, or simply enjoying the natural beauty just steps from your back door. Additional upscale features include: A 3-car garage with pool-accessible bathroom, A friendship entrance on the side of the home, A wine bar/serving area, and custom built-in bookcases in several area of the home. Enjoy the country life with proximity to all the nearby city amenities of dining, shopping, and top-rated schools! Memphis is about a 30-45 minutes away if you work in the Memphis area. This property is not just a homeit's a lifestyle. Luxury, tranquility, and timeless charm await. SCHEDULE YOUR TOUR FOR THIS ONE-OF-A-KIND PROPERTY TODAY!

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