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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 604 Bay St, Waycross, GA, 31501 uses $72,599 cash to close to unlock $7,116/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,072/mo payment keeps the spread at $593/mo. Purchase price stands at $219,000, and rental yield measures 10.55% with $1,926/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 155.32% and total cumulative return in cash records $112,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31501, Waycross, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,740 (100%) |
| Owner Occupied HU | 3,135 (46.5%) |
| Renter Occupied HU | 2,443 (36.2%) |
| Vacant Housing Units | 1,162 (17.2%) |
| Median Home Value | $111,498 |
| Average Home Value | $162,075 |
Residential
6,003
Single Family
5,682
Multi-Family
321
Businesses
881
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Sold | $219,000 |
| 2025-02-28 | Pending sale | $219,000 |
| 2025-01-30 | Price change | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-28 | $1340.19 | 69.80% | $38,864 | 27.36% |
| 2023-09-28 | $789.28 | 0.13% | $30,516 | N/A |
| 2022-09-28 | $788.23 | 0.35% | $30,516 | 17.22% |
Listed by: Kristie Anderson • Honeyland Properties
Mls Name: GIAOR
Mls ID: #1651447
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.
