313 Northwood Hills Dr · Hernando, MS 38632

$337,500

3 bd · 3.0 ba · 1,733 sqft · SingleFamily public records · 102 Days on market

Built 1998 0.26 ac lot $195/sqft · 48% above area Est $324k · at est.

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.2/30.0
• ARV discount +5.7/15.0
• DSCR +4.3/10.0
• Schools +4.0/10.0
• Livability +3.5/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

Key facts

• Large sunroom
• Brand new roof
• Huge backyard

Tags

• HARDWOOD FLOORS
• LARGE SUNROOM
• HUGE BACKYARD
• STORAGE SHED
• BRAND NEW ROOF
• BOTH HVAC UNITS

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $338k.

Deal economics

• At list price, monthly cash flow is $57 ($686/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $257k (24.0% below list).
• Recommended offer: $257k (24.0% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.3% in Hernando — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#44 in MS) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Desoto County School District (suburban): math 48% / reading 42% proficiency, ranked #20 of 130 in MS (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hernando Elem (779 students, 100% FRL); Hernando Middle School (math 75% / reading 57%, grade A-, #2 of 179 statewide, top 1%, 1,150 students, 100% FRL); Hernando High School (math 69% / reading 62%, grade B, #2 of 197 statewide, top 1%, 1,419 students, 100% FRL) — zoned schools average 100% FRL vs 43% district-wide (56 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 66% at this address vs 45% district-wide (+21 pts) — the actual schools serving this property are materially stronger than the Desoto County School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.4%/yr); 407 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,155 units permitted in DeSoto County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($94k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• DeSoto County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 25y ago; this cycle's ask has dropped $38k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $256,650 (24.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 6.50%
• Cash-on-cash: 0.73%
• DSCR: 1.03
• GRM: 11.0

CMA / ARV

• ARV (median comp): $324,185
• List price: $337,500
• Delta: 4.11%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
280 Northwood Hills Dr	0.06mi	3/2.0	1,600 (-8%)	5mo	$270,000	$169	76
1788 N Timber Way	0.18mi	3/2.0	1,829 (+6%)	8mo	$295,000	$161	72
285 Northwood Hills Dr	0.03mi	3/2.0	1,951 (+13%)	4mo	$295,000	$151	70
1766 Northwood Hills Cv	0.21mi	3/2.0	1,625 (-6%)	8mo	$245,000	$151	69
680 Timber Cv	0.21mi	3/2.0	1,550 (-11%)	7mo	$240,000	$155	63
400 S Timber Way	0.09mi	4/2.0 (+1)	1,942 (+12%)	5mo	$307,500	$158	62
759 Northwood West Cv	0.47mi	4/2.0 (+1)	1,645 (-5%)	1mo	$279,900	$170	59
136 N Parkway St	0.51mi	3/2.0	1,887 (+9%)	3mo	$305,000	$162	54
1715 Tara Dr	0.60mi	3/2.0	1,550 (-11%)	4mo	$282,500	$182	47
509 Howell Way	0.67mi	4/2.0 (+1)	1,979 (+14%)	2mo	$336,000	$170	34
1478 E Lake Front Dr	0.62mi	4/2.0 (+1)	1,963 (+13%)	9mo	$316,900	$161	33
1210 Howell Way	0.71mi	4/2.0 (+1)	1,979 (+14%)	6mo	$325,000	$164	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.38×
• Total profit: $-58,753
• Equity at exit: $50,322

10-year hold

• IRR: -16.4%
• Equity multiple: 0.19×
• Total profit: $-76,285
• Equity at exit: $29,181

Cash invested: $94,500 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Mississippi: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 38632

• Home prices YoY: -31.8%
• Rents YoY: -0.4%
• Active inventory: 407
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,566 high
• Mortgage (P&I): −$1,770
• Tax from tax record: −$60 /mo · $718/yr
• Insurance: −$141
• HOA: −$0
• Vacancy / Maint / Mgmt: −$539
• Net cashflow: $57

Break-even live

Break-even rent $2,494

Max offer price $337,500

Occupancy floor 93%

Sensitivity live

Price	-10% $248	-5% $153	+0% $57	+5% $-38	+10% $-538
Rent	-10% $-146	-5% $-44	+0% $57	+5% $159	+10% $260
Rate	-1.0pp $227	-0.5pp $143	base $57	+0.5pp $-30	+1.0pp $-119

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $84,375
• Closing costs: $10,125
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1670 Timber Creek Dr Hernando, MS	3.0	2.0	1672	$1,945	$1.16	45d	1	0.26mi
2159 Timberlane St Hernando, MS	4.0	2.5	2150	$4,500	$2.09	5d	1	0.29mi
2441 Memphis St Hernando, MS	2.0	2.5	1520	$2,200	$1.45	3d	1	0.52mi
1324 Biloxi St Hernando, MS	3.0	2.0	1594	$1,950	$1.22	25d	1	0.74mi
493 Southern St Hernando, MS	3.0	3.0	1200	$1,000	$0.83	3d	1	0.84mi
249 Vaiden Ridge Cv Hernando, MS	3.0	2.5	2240	$2,300	$1.03	3d	1	1.13mi
2948 Mount Pleasant S Hernando, MS	3.0	2.0	1557	$2,090	$1.34	18d	1	1.23mi
285 Maidelle Cv Hernando, MS	3.0	1.0	1150	$1,395	$1.21	4d	1	1.30mi
285 Maidelle Cv Hernando, MS	3.0	1.0	1150	$1,395	$1.21	3d	1	1.30mi

Listing history 30 events

1. 2026-06-21
   days on market $337,500 Active 102 DOM
2. 2026-06-18
   days on market $337,500 Active 99 DOM
3. 2026-06-17
   days on market $337,500 Active 98 DOM
4. 2026-06-16
   days on market $337,500 Active 97 DOM
5. 2026-06-15
   days on market $337,500 Active 96 DOM
6. 2026-06-13
   days on market $337,500 Active 94 DOM
7. 2026-06-10
   days on market $337,500 Active 91 DOM
8. 2026-06-09
   days on market $337,500 Active 90 DOM
9. 2026-06-08
   pricedays on market $337,500 Active 89 DOM
10. 2026-06-07
    days on market $344,800 Active 88 DOM
11. 2026-06-03
    days on market $344,800 Active 84 DOM
12. 2026-06-02
    days on market $344,800 Active 83 DOM
13. 2026-06-01
    days on market $344,800 Active 82 DOM
14. 2026-05-31
    days on market $344,800 Active 81 DOM
15. 2026-05-05
    price $344,800 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

16. 2026-04-14
    price $344,900 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

17. 2026-04-11
    price $349,500 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

18. 2026-03-31
    price $349,900 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

19. 2026-03-25
    price $354,999 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

20. 2026-03-17
    status Active 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

21. 2026-03-17
    price $364,999 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

22. 2026-03-13
    historical 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

23. 2026-03-11
    price $374,999 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

24. 2026-03-07
    listed $375,000 Active 1094-char remark

    Show marketing remark (1094 chars)

    USDA eligible property in the heart of Hernando!! Now offered at $344,800 (previously $375,000), this beautifully maintained 4-bedroom, 3-bath home is priced to sell with a motivated seller ready to make a deal! Homes with a backyard like this under $350K are rare, and this one delivers. Step outside to a spacious, oversized backyard--perfect for entertaining, relaxing, or enjoying your own private retreat. Then step inside to a walk-in sunroom that's fully heated and cooled, giving you a bright, comfortable space to enjoy year-round. Inside, you'll find hardwood floors throughout the main living areas, along with a functional layout that offers both comfort and flexibility. The upstairs bonus room includes its own private bathroom with a full shower, making it ideal for a guest suite, game room, or private retreat. Major updates provide peace of mind, including a brand new roof just installed and HVAC units less than one year old. With a significant price improvement and standout features like the backyard and sunroom combo, this home is now one of the best values in Hernando.

25. 2018-12-28
    soldstatus
26. 2018-12-27
    soldstatus 800-char remark

    Show marketing remark (800 chars)

    Beautiful home in the heart of Hernando just minutes from the Square. This 4 bed 3 bath brick home has everything your family needs. This home is has a Large Two Car Garage that's heated and cooled. The kitchen has Corian counter tops and sink w/ stainless steel appliances & breakfast bar. The master bedroom has coffered ceiling & its own master bath with double vanity, his & her closets, jetted tub and walk in shower. On the other end of the home are two additional bedrooms & shared hall bath. Just off the family room is the sunroom lined with large windows that over look the backyard. Upstairs is a finished bedroom/bonus room with closet & full bath. The backyard is fully fenced, landscaped & has an adorable red barn with electricity. Do not miss out on this home!

27. 2018-10-31
    listed $227,500 800-char remark

    Show marketing remark (800 chars)

    Beautiful home in the heart of Hernando just minutes from the Square. This 4 bed 3 bath brick home has everything your family needs. This home is has a Large Two Car Garage that's heated and cooled. The kitchen has Corian counter tops and sink w/ stainless steel appliances & breakfast bar. The master bedroom has coffered ceiling & its own master bath with double vanity, his & her closets, jetted tub and walk in shower. On the other end of the home are two additional bedrooms & shared hall bath. Just off the family room is the sunroom lined with large windows that over look the backyard. Upstairs is a finished bedroom/bonus room with closet & full bath. The backyard is fully fenced, landscaped & has an adorable red barn with electricity. Do not miss out on this home!

28. 2001-08-21
    soldstatus
29. 2001-08-17
    soldstatus
30. 2001-05-08
    listed $159,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MS · Resets to sale price

• Current annual tax: $718 · $60/mo
• Projected year-2 tax: $2,666 · $222/mo
• Expected delta: +$1,948/yr (+$162/mo · 271.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,798
• − Mortgage interest: −$18,905
• − Property taxes: −$718
• − Insurance: −$1,688
• − Repairs & maintenance: −$2,464
• − Management: −$2,464
• − Depreciation: −$9,818
• Taxable loss: −$5,259
• Est. tax savings @ 24.0%: +$1,262
• After-tax cash flow: $1,948/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Desoto County School District
• NCES district ID: 2801320
• Math proficiency: 48% ▼ -13.00%
• Reading proficiency: 42% ▼ -6.00%
• Median HH income: $59,272
• Composite: 39.56/100
• National rank: #3933
• State rank: #20 of 130 in MS

Livability — Hernando

• Score: 70/100
• State rank: #44
• US rank: #8034

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A- Housing A+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hernando, MS
• County: DeSoto County · 176,513 people
• City population: 31,374
• Metro: Memphis, TN-MS-AR
• Population (ZIP): 31,374
• Household income: $93,583
• Rent vs Own: 11.8% rent · 88.2% own
• Severe rent burden: 24.0

Population outlook (DeSoto County) Hauer SSP2

• Today (2025): 203,338 people
• By 2030: 217,692 · +7.1%
• By 2040: 245,320 · +20.6%
• By 2050: 270,133 · +32.8%
• By 2075: 323,341 · +59.0%
• By 2100: 348,742 · +71.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Black 13% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Italian 2% Serbian 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1% Arabic 1%

Political lean MEDSL · DeSoto

• 2024 margin: Strong R (+24.1) · D 36.7% · R 60.8% · Other 2.5%
• 2008→2024 swing: +14.2pp toward D · 2008: -38.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+23.9 2016: R+34.8 2012: R+33.5 2008: R+38.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.49%
• Current HPI: 176.8843
• Rent YoY: ▼ -0.43%
• Metro: Memphis, TN-MS-AR
• State GDP YoY: —
• F500 in state: 0

Price history

+115.6% since first listed

16 events — show timeline

• 2026-05-05 Price Changed $344,800 MLSU
• 2026-04-14 Price Changed $344,900 MLSU
• 2026-04-11 Price Changed $349,500 MLSU
• 2026-03-31 Price Changed $349,900 MLSU
• 2026-03-25 Price Changed $354,999 MLSU
• 2026-03-17 Relisted — MLSU
• 2026-03-17 Price Changed $364,999 MLSU
• 2026-03-13 Listing Removed — MLSU
• 2026-03-11 Price Changed $374,999 MLSU
• 2026-03-07 Listed $375,000 MLSU
• 2018-12-28 Sold (Public Records) — Public Records
• 2018-12-27 Sold (MLS) — MLSU
• 2018-10-31 Listed $227,500 MLSU
• 2001-08-21 Sold (Public Records) — Public Records
• 2001-08-17 Sold (MLS) — MLSU
• 2001-05-08 Listed $159,900 MLSU

Property tax history

-0.4%/yr

Latest (2025): $718 · -16.0% YoY. Source: county tax records.