Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar price properties found nearby.
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 2311 Minnesota Ave, Waycross, GA, 31503 uses $46,079 cash to close to unlock $2,812/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $680/mo payment keeps the spread at $234/mo. Purchase price stands at $139,000, and rental yield measures 9.32% with $1,080/mo rent. Return on cash invested shows 26.01% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash records $62,432. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.29 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $139,000 |
| 2024-08-09 | Listing removed | N/A |
| 2024-01-25 | Price change | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $398.62 | 0.06% | $13,797 | N/A |
| 2022-10-17 | $398.40 | 37.82% | $13,797 | 49.56% |
| 2021-10-17 | $289.07 | 0.53% | $9,225 | 3.72% |
No similar price properties found nearby.
Listed by: Heather Fluker • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1649190
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.
