560 Elmer Thrift RdWaycrossGA31503
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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
Rental property for sale in Waycross at 560 Elmer Thrift Rd, Waycross, GA, 31503 priced at $215,000 pairs $1,080/mo rent with after a $1,052/mo payment. Total monthly income equals $1,080/mo. Return on cash invested is 16.07% in year one, and rental yield stands at 6.03% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 82.1% and total cumulative return in cash reaches $58,513. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
3 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
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