777 E Quitman CtHernandoMS38632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 777 E Quitman Ct, Hernando, MS, 38632 priced at $347,900 pairs $2,184/mo rent with after a $1,703/mo payment. Total monthly income equals $2,184/mo. Return on cash invested is 14.24% in year one, and rental yield stands at 7.53% on a $347,900 basis. Equity gained on principal adds $2,245/yr, and 5% annual appreciation accumulates to $96,118 by year five. Five-year ROI measures 74.59% and total cumulative return in cash reaches $86,019. For financing, Ziffy Mortgage’s DSCR program evaluates $2,184/mo property income against a $1,703/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$600 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy M McBride • Sky Lake Realty LLC
Mls Name: MLS United
Mls ID: #4100958
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.