








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 791 Hickory Ridge Dr, Hernando, MS, 38632 with 5% annual appreciation on a $979,000 basis while $7,780/mo rent supports operations. Total monthly income totals $7,780/mo and a $4,792/mo payment preserves $1,789/mo for cash returns. Annual cash flow comes to $21,465/yr on $322,091 deployed, and return on cash invested reaches 26.72% in year one. Equity gained on principal adds $6,317/yr, and five-year appreciation sums $270,480 alongside rental yield of 9.54%. Five-year ROI measures 139.26% and total cumulative return in cash totals $448,546.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,780/mo property income versus a $4,792/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
5.35 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Donnie R Chambliss • Crye-Leike Of MS-SH
Mls Name: MLS United
Mls ID: #4126606