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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% |
Investment property for sale in Waycross at 1300 Hill St, Waycross, GA, 31501 uses $82,871 cash to close to unlock $10,607/yr annual cash flow and $884/mo monthly cash flow. Total monthly income runs $2,435/mo, and a $1,224/mo payment keeps the spread at $884/mo. Purchase price stands at $249,988, and rental yield measures 11.69% with $2,435/mo rent. Return on cash invested shows 32.71% in year one, and 5% annual appreciation builds toward $69,067 over five years. Five-year ROI reaches 171.48% and total cumulative return in cash records $142,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,435/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,740 (100%) |
| Owner Occupied HU | 3,135 (46.5%) |
| Renter Occupied HU | 2,443 (36.2%) |
| Vacant Housing Units | 1,162 (17.2%) |
| Median Home Value | $111,498 |
| Average Home Value | $162,075 |
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
Date | Event | Price |
|---|---|---|
| 2024-12-01 | Listed for sale | $249,988 |
| 2024-11-22 | Listing removed | $249,988 |
| 2024-11-04 | Price change | $249,988 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $2424.35 | 0.13% | $60,757 | N/A |
| 2022-01-09 | $2421.25 | 10.61% | $60,757 | 19.94% |
| 2021-01-09 | $2188.90 | 397.81% | $50,656 | 4.68% |
What's Special
Pull Down Stairs
Listed by: Janie Forbes • First United Realty, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10420409
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
