605 Walker StWaycrossGA31503
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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 605 Walker St, Waycross, GA, 31503 priced at $112,500 converts $861/mo rent into $176/mo cash flow after a $551/mo obligation. Total monthly income equals $861/mo, and annual cash flow totals $2,111/yr on $37,294 invested. Return on cash invested prints 25.57% in year one, and rental yield reads 9.18% against a $112,500 entry. Equity gained on principal adds $726/yr, while 5% annual appreciation compiles into $31,082 by year five. Five-year ROI reaches 133.06% and total cumulative return in cash sums $49,624. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $861/mo property income covering a $551/mo payment, not borrower’s personal income.
Single Family
Built in 1928
4,791 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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Listed by: Jordan DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1650594
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.