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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Waycross at 1001 Darling Ave, Waycross, GA, 31501 generates $1,140/mo in rent, after a $1,174/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 14.74% in year one, and rental yield is 5.7% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 75.14% and total cumulative return in cash sums $59,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.29 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 |
|---|---|---|
| 2024-08-22 | Listed for sale | $239,900 |
| 2024-08-17 | Listing removed | N/A |
| 2024-08-04 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $2259.86 | 0.13% | $56,634 | N/A |
| 2022-10-17 | $2256.98 | 5.65% | $56,634 | 14.55% |
| 2021-10-17 | $2136.35 | 38.17% | $49,439 | 41.36% |
What's Special
Pull Down Stairs
Listed by: Cindy Payne • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1648493
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
