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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 Waycross at 506 McDonald St, Waycross, GA, 31503 listed at $100,000 pairs $755/mo rent with a $489/mo payment to leave $147/mo cash flow. Total monthly income runs $755/mo, and annual cash flow reaches $1,762/yr on $33,150 cash to close. Return on cash invested measures 25.22% in year one, and rental yield registers 9.06% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 131.2% and total cumulative return in cash totals $43,492. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $755/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4,791 sqft 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-22 | $723.76 | 0.13% | $18,138 | N/A |
| 2022-04-22 | $722.84 | 16.67% | $18,138 | 26.50% |
| 2021-04-22 | $619.56 | -0.56% | $14,338 | 1.74% |
Listed by: Jennifer Prescott • ERA Kings Bay Realty
Mls Name: GIAOR
Mls ID: #1653458
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.
