670 Thunderbird Dr SHernandoMS38632
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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
Rental property for sale in Hernando at 670 Thunderbird Dr S, Hernando, MS, 38632 offers $1,847/mo rent that, after a $1,110/mo payment, leaves $446/mo cash flow. Total monthly income is $1,847/mo, and annual cash flow is $5,356/yr on $75,151 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.78% at a $226,700 entry. Equity gained on principal adds $1,463/yr while 5% annual appreciation compounds into $62,633 by year five. Five-year ROI records 141.1% and total cumulative return in cash reaches $106,035. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,847/mo property income versus a $1,110/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.36 Acres lot
$N/A/sqft
$13 monthly 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: N/A • N/A
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