879 N Old Canton 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 879 N Old Canton Rd, Canton, MS, 39046 earns from $2,438/mo rent with a $2,645/mo payment. Total monthly income totals $2,438/mo. ROI tracks 14.2% on current figures, and rental yield reads 5.41% at a $540,500 purchase. Equity gained on principal adds $3,488/yr, and 5% annual appreciation supports $149,330 over five years. Five-year ROI reaches 72.07% and total cumulative return in cash sums $128,163. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,438/mo property income instead of your personal income.
Single Family
Built in 1973
4.75 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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Listed by: Kenny Perry • Weichert, Realtors - Innovations
Mls Name: MLS United
Mls ID: #4122195