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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 Waynesville at 373 Elbert Wilson Rd, Waynesville, GA, 31566 listed at $280,000 pairs $1,512/mo rent with a $1,370/mo payment. Total monthly income runs $1,512/mo. Return on cash invested measures 17.43% in year one, and rental yield registers 6.48% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 89.45% and total cumulative return in cash totals $83,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,512/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
4 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31566, Waynesville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,044 (69.9%) |
| Renter Occupied HU | 232 (15.5%) |
| Vacant Housing Units | 218 (14.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $137,196 |
Residential
1,413
Single Family
1,413
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $280,000 |
| 2007-02-23 | Sold | $62,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $775.43 | N/A | $15,148 | 45.35% |
| 2022-04-24 | N/A | N/A | $10,422 | N/A |
| 2021-04-24 | $623.09 | -2.36% | $10,422 | -1.33% |
Listed by: Nikki Crosby • South + East Properties
Mls Name: GIAOR
Mls ID: #1653492
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.
