





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 Balsam Plan, Creekside Meadow, Hernando, MS, 38632 priced at $408,900 pairs $3,394/mo rent with $442/mo cash flow after a $2,001/mo payment. Total monthly income equals $3,394/mo, and annual cash flow comes to $5,305/yr on $135,550 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 9.96% on a $408,900 basis. Equity gained on principal adds $2,639/yr, and 5% annual appreciation accumulates to $112,972 by year five. Five-year ROI measures 125.22% and total cumulative return in cash reaches $169,730. For financing, Ziffy Mortgage’s DSCR program evaluates $3,394/mo property income against a $2,001/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$450 monthly 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $408,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Sky Lake Construction
Mls Name: Sky Lake Construction
Mls ID: #N/A