516 Village CvHernandoMS38632
Nearby investment properties with comparable rents
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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
Investment Highlights
Investment property for sale in Hernando at 516 Village Cv, Hernando, MS, 38632 at $229,900 posts ROI 24.42% with $286/mo cash flow from $1,693/mo rent. Total monthly income equals $1,693/mo, and annual cash flow records $3,436/yr on $76,212 to close. Return on cash invested measures 24.42% and rental yield reads 8.84% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 126.97% and total cumulative return in cash totals $96,767.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
5,227 sqft 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
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Listed by: Melanie E Bell • Main Street Realtors
Mls Name: MLS United
Mls ID: #4133659