








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 1408 Bethune St, Waycross, GA, 31501 uses $59,637 cash to close to unlock $3,139/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $881/mo payment keeps the spread at $262/mo. Purchase price stands at $179,900, and rental yield measures 9.05% with $1,357/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 130.97% and total cumulative return in cash records $78,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,405 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Steven T Koleno • Beycome Brokerage Realty LLC
Mls Name: GAMLS
Mls ID: #10533322