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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3393 Ohara Cv, Hernando, MS, 38632 offers a 10.61% rental yield on a $350,000 purchase with $3,096/mo rent. Total monthly income registers $3,096/mo, and a $1,713/mo payment leaves $954/mo available for distribution. Annual cash flow reaches $11,451/yr on $116,025 to close, and return on cash invested stands at 29.78% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 155.71% and total cumulative return in cash at $180,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,096/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.30 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 |
|---|---|---|
| 2025-07-13 | Listed for sale | $350,000 |
| 2005-06-30 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-19 | $1746.00 | N/A | $14,747 | N/A |
| 2023-07-19 | $1746.00 | N/A | $14,747 | N/A |
| 2022-07-19 | $1746.00 | N/A | $14,747 | N/A |
Listed by: Christy Savage • Burch Realty Group Hernando
Mls Name: MLS United
Mls ID: #4119170
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
