








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 701 Ava St, Waycross, GA, 31501 with 5% annual appreciation on a $149,000 basis while $1,374/mo rent supports operations. Total monthly income totals $1,374/mo and a $729/mo payment preserves $445/mo for cash returns. Annual cash flow comes to $5,346/yr on $49,394 deployed, and return on cash invested reaches 30.73% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 11.07%. Five-year ROI measures 160.98% and total cumulative return in cash totals $79,516.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,374/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
8,276 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $149,000 |
| 2022-01-27 | Sold | $140,000 |
| 2021-12-01 | Listed for sale | $159,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $1501.08 | -13.84% | $37,618 | -13.95% |
| 2022-04-23 | $1742.16 | 11.94% | $43,717 | 21.38% |
| 2021-04-23 | $1556.37 | 13.06% | $36,018 | 15.67% |



What's Special
Pull Down Stairs
Listed by: Carolyn Paszko • Crossway Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10505568
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.