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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 3422 Central Ave, Waycross, GA, 31503 offers $1,080/mo rent that, after a $1,468/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 10.91% in year one, and rental yield stands at 4.32% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 54.48% and total cumulative return in cash reaches $54,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.81 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 |
|---|---|---|
| 2025-04-20 | Listed for sale | $299,999 |
| 2025-04-14 | Listing removed | $319,900 |
| 2025-03-12 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | N/A | N/A | $92,202 | 0.63% |
| 2022-04-21 | N/A | N/A | $91,621 | 25.31% |
| 2021-04-21 | N/A | N/A | $73,116 | 2.98% |
Listed by: Heather Fluker • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1653428
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.
