2885 Longwood Rd, Waycross, GA, 31503 | 7.12% Rental Yield

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2885 Longwood Rd, Waycross, GA, 31503 | 7.12% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Waycross at 2885 Longwood Rd, Waycross, GA, 31503 listed at $249,900 pairs $1,482/mo rent with a $1,223/mo payment. Total monthly income runs $1,482/mo. Return on cash invested measures 19.35% in year one, and rental yield registers 7.12% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 99.75% and total cumulative return in cash totals $82,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,482/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1965

1.28 Acres lot

$N/A/sqft

No HOA

More details about the property

This bright and beautiful 1,510 sq ft corner-lot home has been fully renovated and rebuilt with care, offering the feel of a brand-new house while still keeping its classic charm. The spacious 1.28 acre lot gives you room to spread out, enjoy outdoor living, and appreciate the fenced-in backyard-perfect for pets, play, or privacy. Inside, the home has been transformed from the ground up. It features all-new subflooring, new plumbing throughout , and an upgraded electrical system. The HVAC has been serviced, additional insulation has been added to the attic, and the roof has been treated with an advanced elastomeric reflective coating for long-term protection and efficiency. The interior shines with new Sheetrock in the kitchen, dining room, and both bathrooms; fresh paint; new trim; new windows; and a brand-new water heater. The kitchen and baths feel modern and fresh with new cabinets, new appliances, tiled tub/shower surrounds, new vanities, updated bath ventilation, and a clean, stylish backsplash. You'll also appreciate the enclosed garage space with a working garage door-great for parking, storage, or a workshop-and even the small details were updated, right down to the new mailbox. If you're searching for a home that feels new from top to bottom on a beautiful, spacious lot in a quiet neighborhood, this one delivers.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.

Housing Distribution

Housing Statistics

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