214 Birch LnCantonMS39046
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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 214 Birch Ln, Canton, MS, 39046 offers a 8.88% rental yield on a $348,500 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,706/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,765/yr on $115,528 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,249/yr while 5% annual appreciation supports $96,284 over five years. Portfolio math shows five-year ROI at 125.09% and total cumulative return in cash at $144,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,706/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.25 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: Derek Havard • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4087312
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.