114 Bailey CvCantonMS39046
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 114 Bailey Cv, Canton, MS, 39046 in Canton: $2,366/mo in rent, $742/mo net, 10.77% gross yield, all on a $282,400 acquisition. The 1.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $78,022 in value, and $2,601/yr in principal paydown steadily builds equity. Projected total cumulative return: $148,089.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.5% |
| Monthly Cash Flow | $742 | $450 |
City averages based on Canton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,366 |
| Total Monthly Debt Service | $1,616 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad M Burleson • UList Realty
Mls Name: MLS United
Mls ID: #4112667