407 Spike Ridge, Canton, MS 39046
MULTI_FAMILY - Canton, MS
- Added:
- May 15, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 2 at 1:06 am
Property Features for 407 Spike Ridge
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
- Parking
- 2
- Patio and Porch features
- Porch
- Fireplace
- 1
- Standard status
- Active
- APN
- 083d-19c-055-00-00
- Size
- 2,225 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 84 DEERFIELD S/D PHASE 1 & 1 FT OFF S/E OF LOT 83
- Tax Annual Amount
- 746
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Flooring type
- Carpet, Wood
- Roof type
- Shingle
Listing agent Leigh Avara License #B22289 (601) 214-7420
Listing office Nell Wyatt Real Estate 128 Spindlewood Dr, Ridgeland, MS (601) 956-8533
Listing date May 15, 2026
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑bedroom, 3‑bath home built in 1984
- Main level includes two bedrooms and two full baths
- Upstairs has two additional bedrooms with a private balcony
- Screened‑in porch plus fireplace
- Floor‑to‑ceiling windows and flooring includes wood and carpet
- Public water and public sewer; cable available; shingle roof
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.2k | $15.84 |
| − Vacancy | −$2.0k | −$0.92 |
| EGI | $33.2k | $14.92 |
| − OpEx | −$14.9k | −$6.71 |
| NOI | $18.3k | $8.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Madison
- State
- Mississippi
- Longitude
- -90.030994
- Latitude
- 32.519486
