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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 2896 S Lakeview Dr, Waycross, GA, 31503 with 5% annual appreciation on a $157,900 basis while $1,271/mo rent supports operations. Total monthly income totals $1,271/mo and a $773/mo payment preserves $310/mo for cash returns. Annual cash flow comes to $3,718/yr on $52,344 deployed, and return on cash invested reaches 27.01% in year one. Equity gained on principal adds $1,019/yr, and five-year appreciation sums $43,625 alongside rental yield of 9.66%. Five-year ROI measures 140.81% and total cumulative return in cash totals $73,706.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,271/mo property income versus a $773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.25 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 |
|---|---|---|
| 2025-05-20 | Listed for sale | $157,900 |
| 2025-05-08 | Listing removed | $160,000 |
| 2025-03-31 | Price change | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2016-05-21 | $614.84 | N/A | $18,711 | N/A |
| 2015-05-21 | N/A | N/A | $18,711 | -0.01% |
| 2014-05-21 | N/A | N/A | $18,712 | 0.01% |
Listed by: Heather Fluker • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1654101
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.
