506 Ware StWaycrossGA31503
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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
Investment Highlights
Investment property for sale in Waycross at 506 Ware St, Waycross, GA, 31503 at $163,931 posts ROI 29.84% with $450/mo cash flow from $1,522/mo rent. Total monthly income equals $1,522/mo, and annual cash flow records $5,396/yr on $54,343 to close. Return on cash invested measures 29.84% and rental yield reads 11.14% at the current $163,931. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,291 by year five. Five-year ROI prints 156.56% and total cumulative return in cash totals $85,080.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,098 sqft 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
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