133 Northgate DrCantonMS39046
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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 133 Northgate Dr, Canton, MS, 39046 uses $64,609 cash to close to unlock $4,119/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $954/mo payment keeps the spread at $343/mo. Purchase price stands at $194,900, and rental yield measures 9.46% with $1,536/mo rent. Return on cash invested shows 26.28% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 137% and total cumulative return in cash records $88,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2007
10,018 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
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Listed by: Alonzo Edwards • Edwards Realty Co.
Mls Name: MLS United
Mls ID: #4126844