








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 109 Hebard St, Waycross, GA, 31501 priced at $199,900 pairs $540/mo rent with after a $978/mo payment. Total monthly income equals $540/mo. Return on cash invested is 7.66% in year one, and rental yield stands at 3.24% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 37.05% and total cumulative return in cash reaches $24,553. For financing, Ziffy Mortgage’s DSCR program evaluates $540/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
2.15 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 |
|---|---|---|
| 2025-08-26 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-27 | $1156.53 | 0.14% | $56,402 | N/A |
| 2022-08-27 | $1154.89 | 6.92% | $56,402 | 19.22% |
| 2021-08-27 | $1080.12 | 1.89% | $47,308 | 7.37% |



Listed by: Candi Walker • Heritage Realty Company
Mls Name: GIAOR
Mls ID: #1656280
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.