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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 2199 Minnesota Ave, Waycross, GA, 31503 listed at $149,900 pairs $1,080/mo rent with a $734/mo payment to leave $167/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $2,008/yr on $49,692 cash to close. Return on cash invested measures 23.95% in year one, and rental yield registers 8.65% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 124.44% and total cumulative return in cash totals $61,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1987
0.50 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brittany Reynolds • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1657529
