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 1208 Richmond Ave, Waycross, GA, 31501 uses $54,698 cash to close to unlock $8,425/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,732/mo, and a $808/mo payment keeps the spread at $702/mo. Purchase price stands at $165,000, and rental yield measures 12.6% with $1,732/mo rent. Return on cash invested shows 35.31% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 185.6% and total cumulative return in cash records $101,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,732/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.26 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 | Sold | $165,000 |
| 2025-08-04 | Pending sale | $174,900 |
| 2025-07-16 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $1673.58 | 18.85% | $48,532 | 37.53% |
| 2023-10-18 | $1408.10 | -5.18% | $35,288 | -5.31% |
| 2022-10-18 | $1485.08 | 12.87% | $37,265 | 22.38% |
Listed by: Misti Martin • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1655320
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.
