








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 4618 Old Waltertown Rd, Waycross, GA, 31503 uses $53,007 cash to close to unlock $1,277/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $783/mo payment keeps the spread at $106/mo. Purchase price stands at $159,900, and rental yield measures 8.11% with $1,080/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 115.67% and total cumulative return in cash records $61,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1969
2.63 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 |
|---|---|---|
| 2025-03-18 | Listed for sale | $159,900 |
| 2024-09-30 | Listing removed | $174,900 |
| 2024-06-06 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-05 | $1003.64 | N/A | $34,740 | N/A |
| 2022-07-05 | N/A | N/A | $34,740 | 33.22% |
| 2021-07-05 | N/A | N/A | $26,078 | 2.52% |



Listed by: Chris Rolison • South + East Properties
Mls Name: GIAOR
Mls ID: #1652657
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.