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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 2099 Ridge Rd, Waycross, GA, 31501 generates $1,644/mo in rent and, after a $1,028/mo payment, leaves $366/mo in cash flow. Total monthly income is $1,644/mo, and annual cash flow is $4,389/yr on $69,615 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 9.39% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 136.54% and total cumulative return in cash sums $95,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandy Hendricks • eXp Realty
Mls Name: GAMLS
Mls ID: #10615567
