7710 Highway 51 S, Hernando, MS, 38632 | 7.04% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7710 Highway 51 S, Hernando, MS, 38632 | 7.04% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,699/mo, and a $2,251/mo payment. Purchase price stands at $459,900, and rental yield measures 7.04% with $2,699/mo rent. Return on cash invested shows 19% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 97.87% and total cumulative return in cash records $149,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,699/mo property income covering a $2,251/mo payment rather than investor’s personal income.

Single Family

Built in 1979

10.10 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 7710 Hwy 51 S in Hernando, MS - your private retreat on over 10 acres of serene countryside! This spacious 4-bedroom, 2.5 bathroom home offers 2,889 sq. ft. of living space, perfect for those seeking a peaceful lifestyle with room to grow. Inside, you'll find a formal dining room, a large den, a bright living room, a sunroom with beautiful natural views, and a kitchen ready for family gatherings. An added bonus is the detached in-law apartment/guest house complete with a kitchenette, offering flexibility for extended family or rental opportunities. Outdoors, enjoy the stocked pond, perfect for relaxing afternoons, as well as a horse barn and a detached garage, ideal for hobbyists or equestrians. Located in the county with no city taxes, this secluded property provides the best of both worlds - the privacy and freedom of rural living with easy access to Hernando's conveniences. The metal roof provides durability, and with the water heater replaced just 2 years ago, major systems are already in place. While the home does need some updates, it offers an incredible canvas to create your dream property. Don't miss this opportunity to own a rare find in DeSoto County with endless potential!

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