816 Ratliff Ferry Rd · Canton, MS 39046

$199,000

3 bd · 3.0 ba · 1,983 sqft · SingleFamily public records · 14 Days on market

Built 1987 3.21 ac lot $100/sqft · 40% below area ↓ 49% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.9/30.0
• ARV discount +7.5/15.0
• Schools +4.8/10.0
• DSCR +4.2/10.0
• 1% rule +3.5/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

Key facts

• 3.21 acre lot
• 3 parking spots
• Built 1987

Property features AI

Finance

• Other: 3.21-acre lot

Exterior

• Parking: 3 covered carport spaces (3 total parking spaces)
• Utilities: Public water; Septic tank; Electricity connected; Water connected
• Home design: Single-family house; Two levels
• Construction: Siding exterior; Asphalt shingle roof; Slab foundation; Built (year source: public records)
• Exterior features: Front porch

Interior

• Kitchen: Dishwasher; Free-standing range
• Bathrooms: 2 full bathrooms and 1 half bathroom (3 total)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Fireplace in the great room; Vented exhaust fan

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $20 ($242/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (14.8% below list).
• Recommended offer: $170k (14.8% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 4.2% in Canton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 60/100 on livability (#229 in MS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime B+; Watch: amenities F, commute F, employment F.
• Madison County School District (rural): math 54% / reading 54% proficiency, ranked #3 of 130 in MS (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Madison Middle School (math 66% / reading 57%, grade B+, #6 of 179 statewide, top 3%, 1,154 students, 100% FRL) — zoned schools average 100% FRL vs 29% district-wide (70 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 358 active listings in the ZIP; 553 units permitted in Madison County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Madison County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,523 (14.8% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.85% ✗
• Cap rate: 6.41%
• Cash-on-cash: 0.43%
• DSCR: 1.02
• GRM: 9.8

CMA / ARV

• ARV (median comp): $515,847
• List price: $199,000
• Delta: -61.42%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
774 Ratliff Ferry Rd	0.21mi	3/2.5	1,976 (-0%)	15mo	$265,000	$134	75
759 Ratliff Ferry Rd	0.30mi	2/2.0 (-1)	1,878 (-5%)	7mo	$185,000	$99	62

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -15.6%
• Equity multiple: 0.44×
• Total profit: $-30,973
• Equity at exit: $29,672

10-year hold

• IRR: -7.2%
• Equity multiple: 0.54×
• Total profit: $-25,356
• Equity at exit: $17,206

Cash invested: $55,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Mississippi: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 39046

• Home prices YoY: -30.1%
• Active inventory: 358
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,695 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$193 /mo · $2,311/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $20

Break-even live

Break-even rent $1,670

Max offer price $199,000

Occupancy floor 94%

Sensitivity live

Price	-10% $133	-5% $76	+0% $20	+5% $-36	+10% $-93
Rent	-10% $-114	-5% $-47	+0% $20	+5% $87	+10% $154
Rate	-1.0pp $120	-0.5pp $71	base $20	+0.5pp $-31	+1.0pp $-84

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-05-12
   status Pending 804-char remark
2. 2026-04-28
   listed $199,000 Active 804-char remark
3. 2026-04-23
   soldstatus Closed 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

4. 2026-04-23
   soldstatus

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

5. 2026-03-19
   status Pending 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

6. 2026-03-18
   price $171,600 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

7. 2026-03-02
   status Active 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

8. 2026-03-01
   historical 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

9. 2026-02-14
   price $211,200 639-char remark

   Show marketing remark (639 chars)

   Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

10. 2026-01-14
    price $264,000 639-char remark

    Show marketing remark (639 chars)

    Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

11. 2025-12-01
    listed $330,000 Active 639-char remark

    Show marketing remark (639 chars)

    Spacious 3-bedroom, 2-bath home on 3.21 acres in Madison County! This property offers just over 3,000 sq. ft. of living space, featuring generous rooms, flexible living areas, and plenty of potential to make it your own. Nestled on a beautiful 3.21-acre lot, it provides the perfect setting for privacy, outdoor enjoyment, and peaceful country living while still being close to local conveniences. Whether you're seeking a large primary residence or an investment opportunity, this home delivers outstanding value and endless possibilities. Case #281-361995. HUD Homes are Sold As Is. Visit www.olympusams-at.com and www.HudHomeStore.gov

12. 2021-10-08
    historical
13. 2021-10-01
    historical
14. 2008-01-17
    listed $319,000
15. 2006-10-03
    listed $389,900
16. 1987-10-02
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MS · Resets to sale price

• Current annual tax: $2,311 · $193/mo
• Projected year-2 tax: $2,311 · $193/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,343
• − Mortgage interest: −$11,147
• − Property taxes: −$2,311
• − Insurance: −$995
• − Repairs & maintenance: −$1,627
• − Management: −$1,627
• − Depreciation: −$5,789
• Taxable loss: −$3,155
• Est. tax savings @ 24.0%: +$757
• After-tax cash flow: $999/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Madison County School District
• NCES district ID: 2802790
• Math proficiency: 54% ▼ -7.00%
• Reading proficiency: 54% ▼ -7.00%
• Median HH income: $70,579
• Composite: 48.08/100
• National rank: #2188
• State rank: #3 of 130 in MS

Livability — Canton

• Score: 60/100
• State rank: #229
• US rank: #19396

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment F Housing C Health & safety F User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 29,160
• Population (ZIP): 29,160

Population outlook (Madison County) Hauer SSP2

• Today (2025): 122,509 people
• By 2030: 131,737 · +7.5%
• By 2040: 148,930 · +21.6%
• By 2050: 164,300 · +34.1%
• By 2075: 197,495 · +61.2%
• By 2100: 211,429 · +72.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (63%)
• Race & ethnicity: Black 63% White 31% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Italian 2% Slovak 1% Serbian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Madison

• 2024 margin: R (+17.3) · D 40.8% · R 58.0% · Other 1.2%
• 2008→2024 swing: -1.7pp toward R · 2008: -15.6pp · 2024: -17.3pp
• All cycles: 2024: R+17.3 2020: R+11.8 2016: R+16.1 2012: R+15.7 2008: R+15.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.50%
• Current HPI: 154.0441
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-49.0% since first listed

16 events — show timeline

• 2026-05-12 Pending — MLSU
• 2026-04-28 Listed $199,000 MLSU
• 2026-04-23 Sold (Public Records) — Public Records
• 2026-04-23 Sold (MLS) — MLSU
• 2026-03-19 Pending — MLSU
• 2026-03-18 Price Changed $171,600 MLSU
• 2026-03-02 Relisted — MLSU
• 2026-03-01 Listing Removed — MLSU
• 2026-02-14 Price Changed $211,200 MLSU
• 2026-01-14 Price Changed $264,000 MLSU
• 2025-12-01 Listed $330,000 MLSU
• 2021-10-08 Listing Removed — MLSU
• 2021-10-01 Listing Removed — MLSU
• 2008-01-17 Listed $319,000 MLSU
• 2006-10-03 Listed $389,900 MLSU
• 1987-10-02 Sold (Public Records) — Public Records

Property tax history

+4.9%/yr

Latest (2025): $2,311 · +245.9% YoY. Source: county tax records.