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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 2511 Central Ave, Waycross, GA, 31503 offers a 8.15% rental yield on a $265,000 purchase with $1,799/mo rent. Total monthly income registers $1,799/mo, and a $1,297/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,235/yr on $87,848 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 116.39% and total cumulative return in cash at $102,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,799/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.50 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 |
|---|---|---|
| 2025-09-12 | Sold | $265,000 |
| 2025-08-09 | Pending sale | $274,000 |
| 2025-07-13 | Price change | $274,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $1225.23 | -10.23% | $103,848 | 20.14% |
| 2023-11-03 | $1364.81 | 0.27% | $86,438 | 0.10% |
| 2022-11-03 | $1361.20 | -4.60% | $86,348 | 19.94% |
Listed by: Heather Fluker • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1654105
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.
