








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 1803 Central Ave, Waycross, GA, 31503 priced at $219,900 converts $1,706/mo rent into $368/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,706/mo, and annual cash flow totals $4,415/yr on $72,897 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 9.31% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 135.19% and total cumulative return in cash sums $98,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,706/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
| 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 |
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
Date | Event | Price |
|---|---|---|
| 2024-09-02 | Listed for sale | $219,900 |
| 2024-08-16 | Listing removed | N/A |
| 2024-06-21 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $659.17 | 0.25% | $56,959 | N/A |
| 2022-10-17 | $657.52 | 2.29% | $56,959 | 22.62% |
| 2021-10-17 | $642.80 | -1.90% | $46,451 | 1.67% |



Listed by: Jody DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1648828
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.