9389 Thornridge DrHernandoMS38632
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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
Investment Highlights
Total monthly income runs $2,633/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 6.51% with $2,633/mo rent. Return on cash invested shows 17.41% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 89.33% and total cumulative return in cash records $143,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,633/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2012
2.30 Acres lot
$N/A/sqft
No 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
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Listed by: Jana L Thompson • Keller Williams
Mls Name: MLS United
Mls ID: #4126031