








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 3211 Snowdowns Rdg, Hernando, MS, 38632 listed at $239,900 pairs $2,022/mo rent with a $1,174/mo payment to leave $554/mo cash flow. Total monthly income runs $2,022/mo, and annual cash flow reaches $6,650/yr on $79,527 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 10.11% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 147.64% and total cumulative return in cash totals $117,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,022/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.37 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $239,900 |
| 2017-09-22 | Sold | N/A |
| 2017-08-14 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $817.84 | N/A | $8,099 | N/A |
| 2023-04-07 | $817.84 | N/A | $8,099 | N/A |
| 2022-04-07 | $817.84 | N/A | $8,099 | N/A |



Listed by: Donya S Chunn • Coldwell Banker Collins-Maury Southaven
Mls Name: MLS United
Mls ID: #4108671
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.