








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 Waynesville at 121 Red Gate Rd, Waynesville, GA, 31566 listed at $282,000 pairs $780/mo rent with a $1,380/mo payment. Total monthly income runs $780/mo. Return on cash invested measures 7.89% in year one, and rental yield registers 3.32% at a $282,000 basis. Equity gained on principal adds $1,820/yr, and annual property appreciation at 5% supports $77,911 by year five. Five-year ROI tracks 38.27% and total cumulative return in cash totals $35,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $1,380/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31566, Waynesville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,044 (69.9%) |
| Renter Occupied HU | 232 (15.5%) |
| Vacant Housing Units | 218 (14.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $137,196 |
Residential
1,413
Single Family
1,413
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: April Florey • Johns Realty
Mls Name: GIAOR
Mls ID: #1656722