340 Malone Rd NHernandoMS38632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 340 Malone Rd N, Hernando, MS, 38632 offers $3,116/mo rent that, after a $1,943/mo payment, leaves $687/mo cash flow. Total monthly income is $3,116/mo, and annual cash flow is $8,240/yr on $131,606 cash. Return on cash invested measures 26.17% in year one, and rental yield stands at 9.42% at a $397,000 entry. Equity gained on principal adds $2,562/yr while 5% annual appreciation compounds into $109,684 by year five. Five-year ROI records 136.33% and total cumulative return in cash reaches $179,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,116/mo property income versus a $1,943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
1.91 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A