








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


Rental property for sale in Hernando at 6980 Vaiden Rd, Hernando, MS, 38632 offers $5,890/mo rent that, after a $4,356/mo payment, leaves $444/mo cash flow. Total monthly income is $5,890/mo, and annual cash flow is $5,325/yr on $292,810 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 7.94% at a $890,000 entry. Equity gained on principal adds $5,743/yr while 5% annual appreciation compounds into $245,891 by year five. Five-year ROI records 113.28% and total cumulative return in cash reaches $331,684. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,890/mo property income versus a $4,356/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4.61 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $890,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $4056.98 | 569.60% | $43,147 | 619.12% |
| 2022-10-16 | $605.88 | 1524.78% | $6,000 | 1534.88% |
| 2021-10-16 | $37.29 | -3.89% | $367 | -3.93% |



Listed by: Michele Johnston • Marx-Bensdorf, Realtors
Mls Name: MLS United
Mls ID: #4091322
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.