3153 Oliver DrHernandoMS38632
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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
Investment Highlights
Rental property for sale in Hernando at 3153 Oliver Dr, Hernando, MS, 38632 priced at $499,900 pairs $3,746/mo rent with $687/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,746/mo, and annual cash flow comes to $8,239/yr on $165,717 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 8.99% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 129.42% and total cumulative return in cash reaches $214,464. For financing, Ziffy Mortgage’s DSCR program evaluates $3,746/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.28 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,077
Single Family
11,627
Multi-Family
450
Businesses
841
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Listed by: Christy Gowen • Keller Williams Realty - Southaven
Mls Name: NCMBR
Mls Provider:
Mls ID: #160617
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.