Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Palmyra at 1 Goodman Ln, Palmyra, VA, 22963 at $593,000 posts ROI 17.54% with from $3,240/mo rent. Total monthly income equals $3,240/mo. Return on cash invested measures 17.54% and rental yield reads 6.56% at the current $593,000. Equity gained on principal adds $3,827/yr, and 5% annual appreciation supports $163,835 by year five. Five-year ROI prints 90.07% and total cumulative return in cash totals $175,726. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
$1,266 annually HOA
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 6,070 (82.8%) |
| Renter Occupied HU | 755 (10.3%) |
| Vacant Housing Units | 505 ( 6.9%) |
| Median Home Value | $328,349 |
| Average Home Value | $376,623 |
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Price change | $593,000 |
| 2024-08-03 | Listed for sale | $634,900 |
| 2024-08-02 | Pending sale | $634,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | N/A | N/A | $465,500 | N/A |
| 2021-11-11 | N/A | N/A | $465,500 | N/A |
| 2020-11-11 | N/A | N/A | $465,500 | 16.32% |
Listed by: Cynthia Mylynne • MONTICELLO COUNTRY REAL ESTATE, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #655487
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.
