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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 904 Elizabeth St, Waycross, GA, 31503 offers $1,080/mo rent that, after a $783/mo payment, leaves $106/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $1,276/yr on $53,040 cash. Return on cash invested measures 22.31% in year one, and rental yield stands at 8.1% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 115.66% and total cumulative return in cash reaches $61,346. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31503, Waycross, GA area.
| 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 |
Residential
8,719
Single Family
8,603
Multi-Family
116
Businesses
455
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $160,000 |
| 2024-09-13 | Listing removed | $975 |
| 2024-08-18 | Listed for rent | $975 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $622.48 | 0.14% | $19,704 | N/A |
| 2022-02-16 | $621.64 | 2.78% | $19,704 | 25.39% |
| 2021-02-16 | $604.85 | -11.43% | $15,714 | 1.72% |
Listed by: Crystal Wright • Honeyland Properties
Mls Name: GIAOR
Mls ID: #1650734
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.
