460 Deer Trail Dr, Hernando, MS, 38632 | $1,020/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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460 Deer Trail Dr, Hernando, MS, 38632 | $1,020/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Hernando at 460 Deer Trail Dr, Hernando, MS, 38632 offers a 9.87% rental yield on a $485,000 purchase with $3,988/mo rent. Total monthly income registers $3,988/mo, and a $2,374/mo payment leaves $1,020/mo available for distribution. Annual cash flow reaches $12,239/yr on $160,778 to close, and return on cash invested stands at 27.52% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 143.57% and total cumulative return in cash at $230,822. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,988/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1992

4.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Peaceful secluded, Country Living in Hernando! This 3100+sqft 4-bedroom gem sits on over 4 acres of serene, fenced land perfect for horse lovers or anyone craving space and privacy! Main-Level Comfort offers an oversized living room with a charming wood burning masonry fireplace and built in; 4 large spacious bedrooms and 2 full baths. Upstairs Bonus room has a half bath and is perfect for a pool table or media room. Kitchen has an abundance of cabinets, granite counter tops, stainless steel appliances and breakfast nook. Entertain & Dine in the Formal dining room. Additionally, there is a Generac Generator that runs the whole during power outages and a 4stall barn, just waiting for your horses! Tucked away just outside the hustle and bustle of Hernando Square but close to everything. Call today to schedule your private tour!

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

Price History

Date	Event	Price
2025-07-22	Listed for sale	$485,000
2017-09-29	Sold	N/A
2017-08-02	Price change	$299,999

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2024-07-29	$1597.84	N/A	$18,947	N/A
2023-07-29	$1597.84	N/A	$18,947	N/A
2022-07-29	$1597.84	N/A	$18,947	N/A

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1992
Architectural Style: N/A
Building Area: 3,113
Living Area: 3,113 sqft
Property Condition: N/A

Features & Amenities

Heating: Central
Cooling: Central Air
Flooring: Vinyl, Carpet, Hardwood, Tile
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Granite Counters, Pantry, Primary Downstairs, Recessed Lighting
Exterior Features: Private Yard
Parking Features: Attached, Driveway, Parking Pad

Location

City: Hernando
State: MS
Subdivision: Pine Oak Acres
Lot Size: 4.34 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: Electricity Connected, Propane Connected, Sewer Connected, Water Connected
Sewer: Private Sewer
Water Source: Well
Road Surface Type: N/A

School Information

Elementary School: Hernando
Middle School: Hernando
High School: Hernando

Listed by: Loretta Carson-Barnett • United Real Estate Mid-South

Mls Name: MLS United

Mls ID: #4120196

460 Deer Trail Dr,Hernando,MS,38632

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

460 Deer Trail DrHernandoMS38632