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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 1709 Suwanne Dr, Waycross, GA, 31501 priced at $225,000 converts $1,837/mo rent into $371/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,837/mo, and annual cash flow totals $4,453/yr on $74,588 invested. Return on cash invested prints 25.88% in year one, and rental yield reads 9.8% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 135.35% and total cumulative return in cash sums $100,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,837/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.56 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 |
|---|---|---|
| 2025-10-09 | Sold | $225,000 |
| 2025-10-02 | Pending sale | $255,000 |
| 2025-09-12 | Price change | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3027.72 | -8.42% | $87,801 | 5.97% |
| 2023-10-22 | $3306.12 | 26.11% | $82,854 | N/A |
| 2022-10-22 | $2621.62 | -2.14% | $82,854 | 26.23% |
Listed by: Jamie Musgrove • Crossway Realty
Mls Name: GIAOR
Mls ID: #1654240
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.
