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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 3153 Southwood Dr, Waycross, GA, 31503 offers a 5.66% rental yield on a $229,000 purchase with $1,080/mo rent. 95% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 76.15% and total cumulative return in cash at $57,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.51 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: Candi Walker • Heritage Realty Company
Mls Name: GIAOR
Mls ID: #1655069
