1249 Cherrywood RdWaycrossGA31503
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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 1249 Cherrywood Rd, Waycross, GA, 31503 offers a 9.84% rental yield on a $259,000 purchase with $2,124/mo rent. Total monthly income registers $2,124/mo, and a $1,268/mo payment leaves $547/mo available for distribution. Annual cash flow reaches $6,568/yr on $85,859 to close, and return on cash invested stands at 27.56% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 143.75% and total cumulative return in cash at $123,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,124/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,130 (100%) |
| Owner Occupied HU | 5,538 (60.7%) |
| Renter Occupied HU | 2,448 (26.8%) |
| Vacant Housing Units | 1,144 (12.5%) |
| Median Home Value | $126,673 |
| Average Home Value | $163,126 |
Housing Distribution
Address Breakdown
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
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