597 Shadow View Dr, Hernando, MS, 38632 | $746/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

597 Shadow View Dr, Hernando, MS, 38632 | $746/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2200 sft

2111 Scott Meadows Ln, Hernando, MS, 38632

4 Bed
3 Bath
2645 sft

1988 Garrett Dr, Hernando, MS, 38632

4 Bed
3 Bath
2621 sft

1461 Clair Cir S, Hernando, MS, 38632

4 Bed
2 Bath
2300 sft

1775 Clair Cir S, Hernando, MS, 38632

Nearby investment properties with comparable prices

4 Bed
2 Bath
2375 sft

2376 Scott Meadows Ln, Hernando, MS, 38632

5 Bed
3 Bath
2749 sft

653 Ridge View Dr, Hernando, MS, 38632

4 Bed
3 Bath
2352 sft

3489 Ivy Ln, Hernando, MS, 38632

4 Bed
3 Bath
2540 sft

771 Robertson Way, Hernando, MS, 38632

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Hernando at 597 Shadow View Dr, Hernando, MS, 38632 generates $3,199/mo in rent and, after a $1,950/mo payment, leaves $746/mo in cash flow. Total monthly income is $3,199/mo, and annual cash flow is $8,955/yr on $132,103 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.63% on a $398,500 entry. Equity gained on principal adds $2,571/yr, while 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 139.17% and total cumulative return in cash sums $183,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,199/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

0.75 Acres lot

$N/A/sqft

$175 annually HOA

More details about the property

Welcome to 597 Shadow View Drive in Hernando! This stunning property boasts 2959 sq ft of elegance on a generous lot, with a bonus room that could serve as a fourth bedroom. Step onto the welcoming covered front porch and into an open floor plan flooded with natural light from numerous windows. The expansive great room features high ceilings, ideal for entertaining or relaxation. With three bedrooms and two and a half bathrooms, including a lavish primary bedroom with a fireplace, comfort and luxury are guaranteed. Outside, a large patio awaits in the landscaped backyard, offering ample outdoor space. Plus, enjoy the convenience of a generous size laundry room. Don't miss the chance to call this exceptional residence yours!

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
2024-12-10	Price change	$398,500
2024-10-04	Price change	$399,500
2024-06-04	Price change	$420,000

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
2023-01-29	$1626.59	N/A	$19,224	N/A
2022-01-29	$1626.59	N/A	$19,224	N/A
2021-01-29	$1626.59	N/A	$19,224	N/A

Nearby investment properties with comparable rents

4 Bed
2 Bath
2200 sft

2111 Scott Meadows Ln, Hernando, MS, 38632

4 Bed
3 Bath
2645 sft

1988 Garrett Dr, Hernando, MS, 38632

4 Bed
3 Bath
2621 sft

1461 Clair Cir S, Hernando, MS, 38632

4 Bed
2 Bath
2300 sft

1775 Clair Cir S, Hernando, MS, 38632

Nearby investment properties with comparable prices

4 Bed
2 Bath
2375 sft

2376 Scott Meadows Ln, Hernando, MS, 38632

5 Bed
3 Bath
2749 sft

653 Ridge View Dr, Hernando, MS, 38632

4 Bed
3 Bath
2352 sft

3489 Ivy Ln, Hernando, MS, 38632

4 Bed
3 Bath
2540 sft

771 Robertson Way, Hernando, MS, 38632

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 2003
Architectural Style: Traditional
Building Area: 2,959
Living Area: 2,959 sqft
Property Condition: N/A

Features & Amenities

Heating: Central, Fireplace(s)
Cooling: Ceiling Fan(s), Central Air
Flooring: Vinyl, Carpet, Combination, Tile
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features: Private Yard
Parking Features: Attached, Driveway, Paved

Location

City: Hernando
State: MS
Subdivision: Laurelwood
Lot Size: 0.75 Acres
Lot Features: Corner Lot, Landscaped
View: N/A

HOA & Fees

HOA Fee: $175 annually
Association Fee: $175 annually
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: Other

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Road Surface Type: N/A

School Information

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

Listed by: Kimberly Starnes • RE/MAX Realty Group

Mls Name: MLS United

Mls ID: #4076174

597 Shadow View 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

597 Shadow View DrHernandoMS38632