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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% |
Rental property for sale in Waycross at 2300 New York Ave, Waycross, GA, 31503 priced at $125,000 pairs $983/mo rent with $222/mo cash flow after a $612/mo payment. Total monthly income equals $983/mo, and annual cash flow comes to $2,664/yr on $41,438 invested. Return on cash invested is 26.34% in year one, and rental yield stands at 9.44% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 137.31% and total cumulative return in cash reaches $56,897. For financing, Ziffy Mortgage’s DSCR program evaluates $983/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
1.72 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 |
|---|---|---|
| 2025-07-23 | Listed for sale | $125,000 |
| 2025-07-21 | Listing removed | $125,000 |
| 2025-06-12 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-24 | N/A | N/A | $5,406 | N/A |
Listed by: Harriet Bowman • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1655477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
