Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1206 Morningside Dr, Waycross, GA, 31501 earns $58/mo cash flow from $1,140/mo rent with a $783/mo payment. Total monthly income totals $1,140/mo, and annual cash flow totals $699/yr on $53,007 capital. ROI tracks 21.23% on current figures, and rental yield reads 8.56% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 110.74% and total cumulative return in cash sums $58,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Single Family
Built in 1959
0.36 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 | $159,900 |
| 2018-04-27 | Sold | $93,280 |
| 2018-04-19 | Pending sale | $94,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-27 | $2625.82 | 0.13% | $65,805 | N/A |
| 2022-06-27 | $2622.46 | 14.19% | $65,805 | 23.81% |
| 2021-06-27 | $2296.67 | -2.26% | $53,151 | N/A |
Listed by: Jody DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1654884
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.
