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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 3740 Highway 301 S, Hernando, MS, 38632 offers a 5.31% rental yield on a $639,900 purchase with $2,833/mo rent. 89% in year one. Equity gained on principal adds $4,129/yr while 5% annual appreciation supports $176,793 over five years. Portfolio math shows five-year ROI at 70.45% and total cumulative return in cash at $148,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,833/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
5 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $639,900 |
| 2020-08-15 | Listing removed | $575,000 |
| 2020-08-14 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1474.81 | 0.08% | $22,105 | 0.05% |
| 2023-04-30 | $1473.60 | -2.93% | $22,093 | -1.95% |
| 2022-04-30 | $1518.03 | -0.25% | $22,533 | -0.16% |
Listed by: Amy S Field • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4111140
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
