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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% |
Rental property for sale in Waycross at 705 Atlantic Ave, Waycross, GA, 31501 offers $1,140/mo rent that, after a $1,317/mo payment. Total monthly income is $1,140/mo. Return on cash invested measures 13.21% in year one, and rental yield stands at 5.09% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 66.83% and total cumulative return in cash reaches $59,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
0.34 Acres 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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $269,000 |
| 2025-04-27 | Listing removed | $269,800 |
| 2025-04-18 | Price change | $269,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-07 | $2082.09 | 0.17% | $60,124 | N/A |
| 2022-05-07 | $2078.56 | 6.72% | $60,124 | 19.91% |
| 2021-05-07 | $1947.63 | 8.29% | $50,141 | 15.44% |
Listed by: Heather Fluker • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1653760
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.
