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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% |
Rental property for sale in Waycross at 1704 Oconee Rd, Waycross, GA, 31501 priced at $189,900 pairs $1,140/mo rent with after a $929/mo payment. Total monthly income equals $1,140/mo. Return on cash invested is 19.62% in year one, and rental yield stands at 7.2% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 101.15% and total cumulative return in cash reaches $63,677. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.72 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $189,900 |
| 2022-08-23 | Listing removed | N/A |
| 2022-08-01 | Listed for sale | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-15 | $175.45 | 0.13% | $4,397 | N/A |
| 2022-04-15 | $175.23 | -7.77% | $4,397 | N/A |
| 2021-04-15 | $190.00 | -2.25% | $4,397 | N/A |
Listed by: Jody DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1653257
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.
