1308 Dean Dr, Waycross, GA, 31501 | 3.92% Rental Yield

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1308 Dean Dr, Waycross, GA, 31501 | 3.92% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waycross at 1308 Dean Dr, Waycross, GA, 31501 listed at $165,500 pairs $540/mo rent with a $810/mo payment. Total monthly income runs $540/mo. Return on cash invested measures 9.69% in year one, and rental yield registers 3.92% at a $165,500 basis. Equity gained on principal adds $1,068/yr, and annual property appreciation at 5% supports $45,725 by year five. Five-year ROI tracks 47.92% and total cumulative return in cash totals $26,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $540/mo property income relative to a $810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1950

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into this quaint 3 bedroom, 2 bath home in the Cherokee Heights neighborhood of Waycross and see what potential lies inside! As you enter, you come to the large dining area complete with a fireplace. Through the dining room, you come to two of the three bedrooms and the second bathroom, complete with tub and shower. Coming back through you will find the living room with plenty of space for seating and a built-in reading nook under the front window with plenty of shelf space for books and treasures! The primary suite has plenty of living space as well as a bathroom with a shower and a closet as well as a closet for a stacked washer dryer. Outside you will find plenty of space for all kinds of activities! The back yard is partially fenced along the back and right side of the home. Updates include a water heater that was replaced in the last 6 months, and the HVAC system was replaced in the last 4 years.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.

Housing Distribution

Housing Statistics

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