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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 Franklin St, Waycross, GA, 31501 generates $1,174/mo in rent, after a $1,273/mo payment. Total monthly income is $1,174/mo. Return on cash invested sits at 14.22% in year one, and rental yield is 5.42% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 72.24% and total cumulative return in cash sums $62,261. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,174/mo property income rather than buyer’s personal income.
Multi Family
Built in 1935
0.71 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 |
|---|---|---|
| 2024-11-10 | Price change | $260,000 |
| 2024-09-12 | Price change | $275,000 |
| 2024-08-27 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tiffany Eicher • Exp Realty LLC
Mls Name: HABR
Mls ID: #154681
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.
