208 Plantation DrWaycrossGA31501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Waycross at 208 Plantation Dr, Waycross, GA, 31501 generates $3,446/mo in rent and, after a $1,297/mo payment, leaves $1,805/mo in cash flow. Total monthly income is $3,446/mo, and annual cash flow is $21,659/yr on $87,848 invested. Return on cash invested sits at 44.56% in year one, and rental yield is 15.6% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 235.05% and total cumulative return in cash sums $206,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,446/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
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Listed by: Susan Shepard • South + East Properties
Mls Name: GIAOR
Mls ID: #1653689
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.