








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Hernando at 678 Shady Brooke Ln, Hernando, MS, 38632 offers a 8.26% rental yield on a $450,000 purchase with $3,097/mo rent. Total monthly income registers $3,097/mo, and a $2,203/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,663/yr on $149,175 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 116.05% and total cumulative return in cash at $173,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,097/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.73 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 38632, Hernando, MS area.
| 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 |
Residential
12,077
Single Family
11,627
Multi-Family
450
Businesses
841
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $450,000 |
| 2017-03-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $2840.56 | N/A | $22,619 | N/A |
| 2023-03-20 | $2840.56 | N/A | $22,619 | N/A |
| 2022-03-20 | $2840.56 | N/A | $22,619 | N/A |



Listed by: Jane Massie • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4106688
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.