






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 3183 Winterwood Dr, Hernando, MS, 38632 offers a 8.9% rental yield on a $433,000 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $2,119/mo payment leaves $561/mo available for distribution. Annual cash flow reaches $6,727/yr on $143,540 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $2,794/yr while 5% annual appreciation supports $119,630 over five years. Portfolio math shows five-year ROI at 127.89% and total cumulative return in cash at $183,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $2,119/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.29 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $433,000 |
| 2024-08-02 | Sold | N/A |
| 2024-07-02 | Pending sale | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Monica P Garcia • Crye-Leike Of MS-SH
Mls Name: MLS United
Mls ID: #4101590
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.