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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 206 Franklin St, Waycross, GA, 31501 at $135,000 posts ROI 35.51% with $582/mo cash flow from $1,495/mo rent. Total monthly income equals $1,495/mo, and annual cash flow records $6,980/yr on $44,753 to close. Return on cash invested measures 35.51% and rental yield reads 13.29% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 187.27% and total cumulative return in cash totals $83,809.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,495/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
0.48 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 |
|---|---|---|
| 2024-08-13 | Listed for sale | $135,000 |
| 2005-10-28 | Sold | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $2217.93 | 0.13% | $55,583 | N/A |
| 2022-10-17 | $2215.10 | 8.78% | $55,583 | 17.95% |
| 2021-10-17 | $2036.33 | 13.12% | $47,125 | 15.73% |
Listed by: Harriet Bowman • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1648310
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.
