1500 Georgia AveWaycrossGA31503
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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
Investment Highlights
Investment property for sale in Waycross at 1500 Georgia Ave, Waycross, GA, 31503 offers a 9.06% rental yield on a $109,000 purchase with $823/mo rent. Total monthly income registers $823/mo, and a $534/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,909/yr on $36,134 to close, and return on cash invested stands at 25.19% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 131.17% and total cumulative return in cash at $47,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $823/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,130 (100%) |
| Owner Occupied HU | 5,538 (60.7%) |
| Renter Occupied HU | 2,448 (26.8%) |
| Vacant Housing Units | 1,144 (12.5%) |
| Median Home Value | $126,673 |
| Average Home Value | $163,126 |
Housing Distribution
Address Breakdown
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
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Listed by: Sheri Bashlor • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1654964
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.