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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 373 Owen Lee Rd, Waycross, GA, 31503 offers $1,080/mo rent that, after a $1,590/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 9.91% in year one, and rental yield stands at 3.99% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 49.09% and total cumulative return in cash reaches $52,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
13 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 |
|---|---|---|
| 2025-01-31 | Listed for sale | $324,900 |
| 2025-01-16 | Pending sale | $324,900 |
| 2025-01-04 | Listed for sale | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1973.19 | 0.06% | $68,300 | N/A |
| 2022-02-16 | $1972.09 | 32.62% | $68,300 | 43.93% |
| 2021-02-16 | $1487.00 | 3.94% | $47,455 | 7.25% |
What's Special
Pull Down Stairs
Listed by: Cindy Payne • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1650613
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.
