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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% |
Investment property for sale in Waycross at 1195 E Blackshear Ave, Waycross, GA, 31501 offers a 8.55% rental yield on a $160,000 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $783/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,996/yr on $53,040 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 122.94% and total cumulative return in cash at $65,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.61 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $160,000 |
| 2023-05-11 | Sold | $12,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-27 | $962.51 | 4.58% | $53,822 | 2.72% |
| 2022-06-27 | $920.33 | -2.92% | $52,396 | 15.17% |
| 2021-06-27 | $948.06 | -3.09% | $45,496 | 2.90% |
Listed by: Pat Rios • South + East Properties
Mls Name: GIAOR
Mls ID: #1654920
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.
