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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 2066 Cherokee St, Waycross, GA, 31503 earns $259/mo cash flow from $2,687/mo rent with a $1,953/mo payment. Total monthly income totals $2,687/mo, and annual cash flow totals $3,102/yr on $132,269 capital. ROI tracks 22.25% on current figures, and rental yield reads 8.08% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $152,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,687/mo property income instead of your personal income.
Single Family
Built in 1976
0.94 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 |
|---|---|---|
| 2025-06-10 | Pending sale | $399,000 |
| 2025-03-13 | Price change | $399,000 |
| 2024-09-13 | Listed for sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-05 | $2775.29 | 0.06% | $96,064 | N/A |
| 2022-07-05 | $2773.75 | 13.67% | $96,064 | 23.35% |
| 2021-07-05 | $2440.28 | 17.09% | $77,877 | 20.81% |
Listed by: Sheri Bashlor • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1649180
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.
