1108 Cherokee CirWaycrossGA31501
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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
Investment property for sale in Waycross at 1108 Cherokee Cir, Waycross, GA, 31501 earns $2,124/mo cash flow from $3,166/mo rent with a $730/mo payment. Total monthly income totals $3,166/mo, and annual cash flow totals $25,482/yr on $49,427 capital. ROI tracks 71.46% on current figures, and rental yield reads 25.48% at a $149,100 purchase. Equity gained on principal adds $962/yr, and 5% annual appreciation supports $41,194 over five years. Five-year ROI reaches 380.39% and total cumulative return in cash sums $188,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,166/mo property income instead of your personal income.
Single Family
Built in 1949
10,018 sqft 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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Nearby investment properties with comparable prices
Listed by: Charlissa Culp • BHHS Hodnett Cooper RealEstate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10199352
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.