Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2604 Alton Cir, Waycross, GA, 31501 priced at $415,000 converts $3,095/mo rent into $569/mo cash flow after a $2,031/mo obligation. Total monthly income equals $3,095/mo, and annual cash flow totals $6,834/yr on $137,573 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 8.95% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 129.35% and total cumulative return in cash sums $177,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,095/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
| 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 |
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $2031.08 | 0.06% | $100,244 | N/A |
| 2022-04-01 | $2029.96 | -5.71% | $100,244 | 24.89% |
| 2021-04-01 | $2152.84 | -3.08% | $80,269 | 2.95% |
Listed by: Alma Powers • Atlantic Salt Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10489796
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
