








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 2022 Pioneer St, Waycross, GA, 31501 priced at $124,900 pairs $2,736/mo rent with $1,900/mo cash flow after a $611/mo payment. Total monthly income equals $2,736/mo, and annual cash flow comes to $22,801/yr on $41,404 invested. Return on cash invested is 74.98% in year one, and rental yield stands at 26.29% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 398.94% and total cumulative return in cash reaches $165,178. For financing, Ziffy Mortgage’s DSCR program evaluates $2,736/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.63 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 |
|---|---|---|
| 2025-01-04 | Listed for sale | $124,900 |
| 2024-12-23 | Pending sale | $124,900 |
| 2024-12-04 | Listed for sale | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1950.19 | 0.13% | $50,321 | N/A |
| 2022-01-09 | $1947.64 | -4.65% | $50,321 | 3.28% |
| 2021-01-09 | $2042.62 | 45.93% | $48,721 | 47.07% |



What's Special
Pull Down Stairs
Listed by: Cindy Payne • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1650516
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.