213 Hemingway Cir, Canton, MS, 39046 | $813/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Canton at 213 Hemingway Cir, Canton, MS, 39046 offers $2,580/mo rent that, after a $1,387/mo payment, leaves $813/mo cash flow. Total monthly income is $2,580/mo, and annual cash flow is $9,750/yr on $93,947 cash. Return on cash invested measures 30.29% in year one, and rental yield stands at 10.92% at a $283,400 entry. Equity gained on principal adds $1,829/yr while 5% annual appreciation compounds into $78,298 by year five. Five-year ROI records 158.57% and total cumulative return in cash reaches $148,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $1,387/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

N/A lot

$N/A/sqft

$400 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