128 Willow Way LOT 16CantonMS39046
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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
Investment property for sale in Canton at 128 Willow Way LOT 16, Canton, MS, 39046 uses $119,174 cash to close to unlock $9,451/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $3,038/mo, and a $1,760/mo payment keeps the spread at $788/mo. Purchase price stands at $359,500, and rental yield measures 10.14% with $3,038/mo rent. Return on cash invested shows 27.84% in year one, and 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 145.46% and total cumulative return in cash records $173,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,038/mo property income covering a $1,760/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.40 Acres lot
$N/A/sqft
$600 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: Steve O Houck • Real Estate Partners
Mls Name: MLS United
Mls ID: #4060596
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.