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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% |
Investment property for sale in Waycross at 912 Coral Rd, Waycross, GA, 31501 listed at $165,000 pairs $540/mo rent with a $808/mo payment. Total monthly income runs $540/mo. Return on cash invested measures 8.95% in year one, and rental yield registers 3.93% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 44.27% and total cumulative return in cash totals $24,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $540/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
10,454 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 |
|---|---|---|
| 2024-09-26 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1790.97 | -0.14% | $44,883 | -0.27% |
| 2022-01-09 | $1793.46 | 11.13% | $45,003 | 20.50% |
| 2021-01-09 | $1613.80 | 2.16% | $37,347 | 4.52% |
Listed by: George Fesperman III • Fesperman Real Estate
Mls Name: GIAOR
Mls ID: #1649396
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.
