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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 3233 Minnesota Ave, Waycross, GA, 31503 generates $1,693/mo in rent and, after a $832/mo payment, leaves $658/mo in cash flow. Total monthly income is $1,693/mo, and annual cash flow is $7,901/yr on $56,355 invested. Return on cash invested sits at 33.93% in year one, and rental yield is 11.95% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 177.95% and total cumulative return in cash sums $100,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,693/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
1.33 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 |
|---|---|---|
| 2025-06-29 | Listed for sale | $170,000 |
| 2019-01-16 | Sold | $69,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-30 | $925.64 | 0.06% | $37,486 | N/A |
| 2022-06-30 | $925.12 | -3.01% | $37,486 | 14.16% |
| 2021-06-30 | $953.84 | 14.35% | $32,837 | 1.81% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
