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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 Gilmore St, Waycross, GA, 31501 priced at $265,900 pairs $2,060/mo rent with $442/mo cash flow after a $1,301/mo payment. Total monthly income equals $2,060/mo, and annual cash flow comes to $5,306/yr on $88,146 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.3% on a $265,900 basis. Equity gained on principal adds $1,716/yr, and 5% annual appreciation accumulates to $73,463 by year five. Five-year ROI measures 135.03% and total cumulative return in cash reaches $119,026. For financing, Ziffy Mortgage’s DSCR program evaluates $2,060/mo property income against a $1,301/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.45 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 |
|---|---|---|
| 2024-06-11 | Listed for sale | $265,900 |
| 2022-10-28 | Listing removed | N/A |
| 2022-04-28 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $97.53 | 0.14% | $2,444 | N/A |
| 2022-10-17 | $97.39 | -7.77% | $2,444 | N/A |
| 2021-10-17 | $105.60 | -2.26% | $2,444 | N/A |
What's Special
Pull Down Stairs
Listed by: Sophia Lawrence-Babitu • Sophia Lawrence & Associates
Mls Name: GAMLS
Mls Provider:
Mls ID: #10316833
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 2024 GAMLS. All rights reserved.
