602 Bolivar Dr,Hernando,MS,38632

Investment Highlights

Investment property for sale in Hernando at 602 Bolivar Dr, Hernando, MS, 38632 offers a 7.8% rental yield on a $335,900 purchase with $2,184/mo rent. Total monthly income registers $2,184/mo, and a $1,644/mo payment leaves $74/mo available for distribution. Annual cash flow reaches $892/yr on $111,351 to close, and return on cash invested stands at 20.71% in year one. Equity gained on principal adds $2,168/yr while 5% annual appreciation supports $92,803 over five years. Portfolio math shows five-year ROI at 107.27% and total cumulative return in cash at $119,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,184/mo property income against a $1,644/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.