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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 2337 Spring St, Waycross, GA, 31503 listed at $189,900 pairs $1,080/mo rent with a $929/mo payment. Total monthly income runs $1,080/mo. Return on cash invested measures 18.47% in year one, and rental yield registers 6.82% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 95.01% and total cumulative return in cash totals $59,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.49 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 |
|---|---|---|
| 2024-09-09 | Listed for sale | $189,900 |
| 2023-10-23 | Sold | $159,900 |
| 2023-09-10 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $730.40 | 0.05% | $41,558 | N/A |
| 2022-10-17 | $730.00 | -1.63% | $41,558 | 45.00% |
| 2021-10-17 | $742.08 | -3.08% | $28,661 | 3.72% |
Listed by: Ginger Thrift • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1649048
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.
