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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% |
Rental property for sale in Waycross at 300 Josephine Park Rd, Waycross, GA, 31503 priced at $169,800 converts $1,080/mo rent into $47/mo cash flow after a $831/mo obligation. Total monthly income equals $1,080/mo, and annual cash flow totals $560/yr on $56,289 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 7.63% against a $169,800 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,913 by year five. Five-year ROI reaches 108.05% and total cumulative return in cash sums $60,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $831/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
1.94 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cyndi Trothier • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1657237
