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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 2972 Pineland Dr, Waycross, GA, 31503 offers a 5% rental yield on a $259,000 purchase with $1,080/mo rent. 97% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 65.51% and total cumulative return in cash at $56,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.38 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 |
|---|---|---|
| 2024-09-15 | Listed for sale | $259,000 |
| 2024-09-09 | Pending sale | $259,000 |
| 2024-08-09 | Price change | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $1423.75 | 0.71% | $73,882 | 0.44% |
| 2022-09-15 | $1413.67 | -4.74% | $73,560 | 20.76% |
| 2021-09-15 | $1484.03 | -3.08% | $60,914 | 2.66% |
Listed by: Marie Bowen • South + East Properties
Mls Name: GIAOR
Mls ID: #1646570
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.
