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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 1408 Quarterman St, Waycross, GA, 31501 uses $81,218 cash to close to unlock $1,884/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $1,199/mo payment keeps the spread at $157/mo. Purchase price stands at $245,000, and rental yield measures 8.07% with $1,648/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 115.2% and total cumulative return in cash records $93,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,840 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $1046.05 | 0.12% | $31,376 | N/A |
| 2022-04-17 | $1044.77 | 4.49% | $31,376 | 10.88% |
| 2021-04-17 | $999.84 | 0.07% | $28,297 | 1.77% |
Listed by: Crystal Wright • Honeyland Properties
Mls Name: GIAOR
Mls ID: #1653354
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.
