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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 190 Mill Creek Rd, Waycross, GA, 31503 at $280,000 posts ROI 27.9% with $618/mo cash flow from $2,345/mo rent. Total monthly income equals $2,345/mo, and annual cash flow records $7,416/yr on $92,820 to close. Return on cash invested measures 27.9% and rental yield reads 10.05% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 145.65% and total cumulative return in cash totals $135,189.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,345/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
1.15 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 |
|---|---|---|
| 2025-05-05 | Sold | $280,000 |
| 2025-03-27 | Pending sale | $299,900 |
| 2024-12-13 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-05 | $2602.83 | N/A | $78,126 | 1.30% |
| 2022-07-05 | N/A | N/A | $77,126 | 60.28% |
| 2021-07-05 | $1723.47 | -2.65% | $48,121 | N/A |
Listed by: Audra Padgett • Crossway Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10367128
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
