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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Waynesville at 13 Happy Landing Rd, Waynesville, GA, 31566 priced at $210,000 converts $1,705/mo rent into $422/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,705/mo, and annual cash flow totals $5,061/yr on $69,615 invested. Return on cash invested prints 27.18% in year one, and rental yield reads 9.74% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 141.73% and total cumulative return in cash sums $98,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,705/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.45 Acres lot
$N/A/sqft
$60 annually 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 |
|---|---|---|
| 2025-07-01 | Listed for sale | $210,000 |
| 2025-04-28 | Pending sale | $210,000 |
| 2025-04-23 | Price change | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-06 | $1141.38 | N/A | $56,391 | 1.08% |
| 2022-07-06 | N/A | N/A | $55,791 | 35.13% |
| 2021-07-06 | $1126.63 | -2.48% | $41,286 | N/A |
Listed by: Priscilla Thompson • BHHS Hodnett Cooper Real Estate BWK
Mls Name: GIAOR
Mls ID: #1651085
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.
