4900 Cate DrWaycrossGA31503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4900 Cate Dr, Waycross, GA, 31503 in Waycross hard to pass up. The 20.42% gross yield on a $115,000 purchase results in $1,957/mo in rent and $1,257/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.79). Annual cash flow of $15,087, five-year appreciation of $31,772, and $1,059/yr in equity build-up combine for a projected total cumulative return of $124,451.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.4% | 8.0% |
| Monthly Cash Flow | $1,257 | $300 |
City averages based on Waycross market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,957 |
| Total Monthly Debt Service | $654 |
| DSCR Ratio | 2.99x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 2002
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audra Padgett • Crossway Realty
Mls Name: GIAOR
Mls ID: #1654644
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.