605 Old Canton Rd

Carthage, MS 39051
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3 bd, 1 ba | 1,323 sqft | Built in 1985

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List Price
$143,000

Initial Investment

$38,968

Purchase Price

$143,000

Down Payment

25%

Rent

$1,550

Total Return

$55,675

Annualized Return

22.8%

Cap Rate

9.2%

Gross Yield

13.0%

Cash Flow

$4,566

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

21,780

HOA

None

Flood Risk

Not Required

This amazing 3-bedroom home is available for sale! Located in the heart of Carthage, this home lacks nothing. This home was completely remodeled in 2017 and it looks like it was done yesterday! This home features a back patio, and an amazing 816 sq ft shop with a concrete slab in the back! This amazing home can be yours! Call to request a showing today!

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NEIGHBORHOOD

SCHOOLS

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Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$4,030

Property Taxes

-$1,300

Loan Payments

-$7,774

Net Cash Flow

$4,566

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:Buddy McClelland
Agent License S-60481
Britt Barnes Realty Group
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4110445
Last Updated: 07/23/2025 13:07
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.