








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 9 Deer Creek Dr, Hernando, MS, 38632 priced at $324,900 pairs $2,533/mo rent with $530/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,533/mo, and annual cash flow comes to $6,355/yr on $107,704 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 9.36% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 134.46% and total cumulative return in cash reaches $144,821. For financing, Ziffy Mortgage’s DSCR program evaluates $2,533/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.25 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $324,900 |
| 2024-03-29 | Listing removed | N/A |
| 2024-03-12 | Listed for rent | $2,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2361.35 | N/A | $17,020 | N/A |
| 2023-04-23 | $2361.35 | N/A | $17,020 | N/A |
| 2022-04-23 | $2361.35 | 14.55% | $17,020 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A