108 ADDISON WAY

CANTON, MS 39046
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4 bd, 3 ba | 2,261 sqft | Built in 2005

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List Price
$356,000

Initial Investment

$97,010

Purchase Price

$356,000

Down Payment

25%

Rent

$2,810

Total Return

$90,636

Annualized Return

14.7%

Cap Rate

6.4%

Gross Yield

9.5%

Cash Flow

$2,317

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,682

HOA

$22/mo

Flood Risk

Not Required

Welcome to 108 Addison Way, a stunning home that greets you with elegant double doors and arches. Inside, you'll find grand foyer, large dinning, the great room has a grand fireplace and custom built in bookshelves, the kitchen features granite countertops, stainless steel appliances, and counter bar and breakfast area, other showstoppers are the Hickory wood floors, wainscoting in the dining area, complemented by 11-foot ceilings. The spacious laundry room includes a sink for added convenience. The master bedroom, located off the kitchen, features a luxurious master bathroom with double vanities, a walk-in shower, and a Jacuzzi tub. On the opposite side of the house, two guest bedrooms share a full bathroom. The fourth bedroom is located upstairs, complete with its own full bathroom and closet. This well-maintained home also offers a fantastic backyard with a fire pit and screened in porch with grilling porch. Don't miss out on this incredible opportunity—contact your realtor today!

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$32,034

Expenses

-$6,113

Property Taxes

-$4,250

Loan Payments

-$19,354

Net Cash Flow

$2,317

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Katie Warren
Agent License S44788
Turn Key Properties, Llc
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109902
Last Updated: 04/16/2025 17:04
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