1105 Cherokee DrWaycrossGA31501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Waycross at 1105 Cherokee Dr, Waycross, GA, 31501 priced at $322,400 pairs $3,187/mo rent with $1,070/mo cash flow after a $1,578/mo payment. Total monthly income equals $3,187/mo, and annual cash flow comes to $12,844/yr on $106,876 invested. Return on cash invested is 31.93% in year one, and rental yield stands at 11.86% on a $322,400 basis. Equity gained on principal adds $2,080/yr, and 5% annual appreciation accumulates to $89,073 by year five. Five-year ROI measures 167.8% and total cumulative return in cash reaches $179,341. For financing, Ziffy Mortgage’s DSCR program evaluates $3,187/mo property income against a $1,578/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
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