2122 Lakeview 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
Investment property for sale in Waycross at 2122 Lakeview Dr, Waycross, GA, 31501 listed at $189,900 pairs $540/mo rent with a $929/mo payment. Total monthly income runs $540/mo. Return on cash invested measures 8.18% in year one, and rental yield registers 3.41% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 39.83% and total cumulative return in cash totals $25,073. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $540/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.25 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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