








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 1253 Smith Rd, Waycross, GA, 31503 listed at $165,000 pairs $2,473/mo rent with a $808/mo payment to leave $1,468/mo cash flow. Total monthly income runs $2,473/mo, and annual cash flow reaches $17,620/yr on $54,698 cash to close. Return on cash invested measures 52.12% in year one, and rental yield registers 17.99% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 275.53% and total cumulative return in cash totals $150,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,473/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
| 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 |
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $165,000 |
| 2024-09-16 | Listing removed | $179,000 |
| 2024-09-05 | Price change | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $86.44 | -2.29% | $2,992 | -2.35% |
| 2022-10-17 | $88.47 | 92.83% | $3,064 | 109.29% |
| 2021-10-17 | $45.88 | -3.08% | $1,464 | N/A |



Listed by: Rebecca Underwood • Coldwell Banker
Mls Name: Douglas Coffee County BOR
Mls ID: #112645
Disclaimer: Copyright Douglas Coffee County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.