216 Pine Ridge Rd, Waycross, GA, 31503 | $470/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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216 Pine Ridge Rd, Waycross, GA, 31503 | $470/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waycross at 216 Pine Ridge Rd, Waycross, GA, 31503 offers a 10.45% rental yield on a $179,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $876/mo payment leaves $470/mo available for distribution. Annual cash flow reaches $5,636/yr on $59,339 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 153.66% and total cumulative return in cash at $91,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1999

2 Acres lot

$N/A/sqft

No HOA

More details about the property

If you're looking for a private country setting with room to breathe, 216 Pine Ridge Road may be the perfect fit! Situated on two serene acres, this property features a three-bedroom, two-bath mobile home surrounded by nature. Inside, you'll find a spacious open-concept layout with a cozy living room and fireplace that flows seamlessly into a formal dining area. To the left, the large kitchen offers abundant cabinet space and a charming breakfast nook. From here, you can access the laundry room or continue down a short hallway to two guest bedrooms and a handicap-accessible guest bath. On the opposite side of the home, the primary suite offers a generous walk-in closet and a comfortable ensuite bath. Step outside to enjoy your fenced backyard, peaceful porches perfect for autumn evenings, and an outbuilding complete with electricity-ideal for hobbies or storage. The included wooded lot next door provides a full two acres of privacy and natural beauty. This one has so much to offer-schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.

Housing Distribution

Housing Statistics

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