303 Mandy WayCantonMS39046
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
Investment property for sale in Canton at 303 Mandy Way, Canton, MS, 39046 offers a 8.67% rental yield on a $356,900 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,747/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,150/yr on $118,312 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $2,303/yr while 5% annual appreciation supports $98,605 over five years. Portfolio math shows five-year ROI at 121.74% and total cumulative return in cash at $144,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,747/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.33 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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Nearby investment properties with comparable prices
Listed by: Julie McNeely • Julie McNeely Properties
Mls Name: MLS United
Mls ID: #4107221
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.