








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 3694 Madison Rdg, Hernando, MS, 38632 priced at $438,100 converts $3,565/mo rent into $864/mo cash flow after a $2,144/mo obligation. Total monthly income equals $3,565/mo, and annual cash flow totals $10,372/yr on $145,230 invested. Return on cash invested prints 27.05% in year one, and rental yield reads 9.76% against a $438,100 entry. Equity gained on principal adds $2,827/yr, while 5% annual appreciation compiles into $121,039 by year five. Five-year ROI reaches 141.13% and total cumulative return in cash sums $204,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,565/mo property income covering a $2,144/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.25 Acres lot
$N/A/sqft
$20 monthly 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 |
|---|---|---|
| 2025-03-19 | Listing removed | $419,000 |
| 2025-03-15 | Price change | $419,000 |
| 2025-03-02 | Price change | $424,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2743.07 | N/A | $19,754 | N/A |
| 2023-11-02 | $2743.07 | N/A | $19,754 | N/A |
| 2022-11-02 | $2743.07 | 12.28% | $19,754 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A