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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 202 Butler St, Waycross, GA, 31501 generates $1,400/mo in rent and, after a $881/mo payment, leaves $305/mo in cash flow. Total monthly income is $1,400/mo, and annual cash flow is $3,655/yr on $59,637 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.34% on a $179,899 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 135.62% and total cumulative return in cash sums $80,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.29 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 |
|---|---|---|
| 2025-02-14 | Price change | $179,899 |
| 2025-01-15 | Price change | $179,900 |
| 2024-11-22 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1430.68 | 432.01% | $35,854 | N/A |
| 2022-02-16 | $268.92 | -76.82% | $35,854 | 33.57% |
| 2021-02-16 | $1159.91 | -8.12% | $26,843 | -6.00% |
Listed by: Sheri Bashlor • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1650416
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.
