








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Waycross at 1001 Coral Rd, Waycross, GA, 31501 listed at $385,500 pairs $3,378/mo rent with a $1,887/mo payment to leave $1,032/mo cash flow. Total monthly income runs $3,378/mo, and annual cash flow reaches $12,379/yr on $127,793 cash to close. Return on cash invested measures 29.6% in year one, and rental yield registers 10.52% at a $385,500 basis. Equity gained on principal adds $2,488/yr, and annual property appreciation at 5% supports $106,507 by year five. Five-year ROI tracks 154.66% and total cumulative return in cash totals $197,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,378/mo property income relative to a $1,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,740 (100%) |
| Owner Occupied HU | 3,135 (46.5%) |
| Renter Occupied HU | 2,443 (36.2%) |
| Vacant Housing Units | 1,162 (17.2%) |
| Median Home Value | $111,498 |
| Average Home Value | $162,075 |
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listed for sale | $385,500 |
| 2024-09-30 | Listing removed | $425,000 |
| 2024-06-13 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-07-05 | $762.44 | N/A | $91,254 | N/A |
| 2015-07-05 | $762.44 | -80.64% | $91,254 | N/A |
| 2014-07-05 | $3937.78 | -1.62% | $91,254 | N/A |



Listed by: Alli Sweat • South + East Properties
Mls Name: GIAOR
Mls ID: #1654394
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