








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 2201 Adams St, Waycross, GA, 31501 at $199,000 posts ROI 47.5% with $1,517/mo cash flow from $2,728/mo rent. Total monthly income equals $2,728/mo, and annual cash flow records $18,202/yr on $65,969 to close. Return on cash invested measures 47.5% and rental yield reads 16.45% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 250.66% and total cumulative return in cash totals $165,354.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,728/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.29 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $199,000 |
| 2024-08-19 | Pending sale | $199,000 |
| 2024-07-22 | Price change | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $1625.29 | 0.05% | $56,258 | N/A |
| 2022-09-15 | $1624.40 | 11.37% | $56,258 | 20.86% |
| 2021-09-15 | $1458.55 | 4.83% | $46,547 | 8.17% |



Listed by: Audra Padgett • Crossway Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10286318
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.