103 Richmond WayCantonMS39046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Canton at 103 Richmond Way, Canton, MS, 39046 at $265,000 posts ROI 27.8% with $578/mo cash flow from $2,221/mo rent. Total monthly income equals $2,221/mo, and annual cash flow records $6,932/yr on $87,848 to close. Return on cash invested measures 27.8% and rental yield reads 10.06% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 145.18% and total cumulative return in cash totals $127,539.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,221/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
$260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39046, Canton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,163 (100%) |
| Owner Occupied HU | 8,497 (64.6%) |
| Renter Occupied HU | 3,320 (25.2%) |
| Vacant Housing Units | 1,346 (10.2%) |
| Median Home Value | $261,839 |
| Average Home Value | $292,983 |
Housing Distribution
Address Breakdown
Residential
12,583
Single Family
10,324
Multi-Family
2,259
Businesses
927
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Listed by: Missy M Horst • Coldwell Banker Graham
Mls Name: MLS United
Mls ID: #4111202
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.