Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hernando at 3438 Clair Cir W, Hernando, MS, 38632 priced at $390,000 pairs $3,100/mo rent with $709/mo cash flow after a $1,909/mo payment. Total monthly income equals $3,100/mo, and annual cash flow comes to $8,504/yr on $129,285 invested. Return on cash invested is 26.49% in year one, and rental yield stands at 9.54% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 138.04% and total cumulative return in cash reaches $178,460. For financing, Ziffy Mortgage’s DSCR program evaluates $3,100/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
10,018 sqft 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $390,000 |
| 2024-05-06 | Listing removed | N/A |
| 2024-03-08 | Price change | $399,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $2666.72 | N/A | $21,366 | N/A |
| 2023-03-20 | $2666.72 | N/A | $21,366 | N/A |
| 2022-03-20 | $2666.72 | -10.11% | $21,366 | N/A |
Listed by: Natalie A Beard • Re/Max Experts
Mls Name: MLS United
Mls ID: #4106624
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
