2202 Pioneer St, Waycross, GA, 31501 | $624/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2202 Pioneer St, Waycross, GA, 31501 | $624/mo Cash Flow | Ziffy

Pending

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 2202 Pioneer St, Waycross, GA, 31501 at $169,900 posts ROI 33.19% with $624/mo cash flow from $1,658/mo rent. Total monthly income equals $1,658/mo, and annual cash flow records $7,482/yr on $56,322 to close. Return on cash invested measures 33.19% and rental yield reads 11.71% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 173.99% and total cumulative return in cash totals $97,994.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,658/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1955

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Picture yourself coming home to this beautifully updated 3-bedroom, 2-bath home, full of charm and comfort in Waycross. Imagine starting your day in the bright kitchen, with plenty of cabinet space to keep everything within reach, while the open flow to the living room makes mornings and evenings feel connected and easy. Down the hall, three inviting bedrooms and a full bath provide the perfect retreat-quiet, private, and cozy. A second bathroom leads into a large, versatile space with a laundry area, ideal for keeping your household organized while still leaving plenty of room for a hobby corner, playroom, or home office. Step outside to enjoy peaceful afternoons in your fenced backyard-whether it's pets playing, kids running, or friends gathering for a cookout. The attached carport makes everyday living simple with covered parking and extra storage. Conveniently located close to the hospital and other everyday essentials, this home is both practical and inviting. With fresh updates and thoughtful features throughout, it's ready to welcome you into a lifestyle of comfort and ease. Come see how quickly you'll fall in love with your new home in Waycross.

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