147 Riley Williams RdCantonMS39046
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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 147 Riley Williams Rd, Canton, MS, 39046 offers a 8.46% rental yield on a $218,000 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $1,067/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,435/yr on $72,267 to close, and return on cash invested stands at 23.28% in year one. Equity gained on principal adds $1,407/yr while 5% annual appreciation supports $60,229 over five years. Portfolio math shows five-year ROI at 120.81% and total cumulative return in cash at $87,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $1,067/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
2 Acres 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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Nearby investment properties with comparable prices
Listed by: Jessica McLaurin • Rezults Realty, LLC
Mls Name: MLS United
Mls ID: #4095727
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.