242 Buttonwood LnCantonMS39046








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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
Rental property for sale in Canton at 242 Buttonwood Ln, Canton, MS, 39046 offers $2,940/mo rent that, after a $1,512/mo payment, leaves $1,000/mo cash flow. Total monthly income is $2,940/mo, and annual cash flow is $12,004/yr on $102,434 cash. Return on cash invested measures 31.63% in year one, and rental yield stands at 11.42% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 165.83% and total cumulative return in cash reaches $169,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,940/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.39 Acres lot
$N/A/sqft
$295 semi-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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Carson Dobbs • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4091662
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.








