








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 1280 Stephens St, Waycross, GA, 31503 at $275,000 posts ROI 12.09% with from $1,080/mo rent. Total monthly income equals $1,080/mo. Return on cash invested measures 12.09% and rental yield reads 4.71% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 60.83% and total cumulative return in cash totals $55,451. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.72 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 |
|---|---|---|
| 2025-02-10 | Price change | $275,000 |
| 2025-01-13 | Listed for sale | $300,000 |
| 1990-09-14 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1238.36 | 0.07% | $92,428 | N/A |
| 2022-02-16 | $1237.48 | -4.26% | $92,428 | 21.67% |
| 2021-02-16 | $1292.59 | -3.09% | $75,964 | 3.37% |



Listed by: Audra Padgett • Crossway Realty
Mls Name: GIAOR
Mls ID: #1651680
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.