11 S Bearwood Dr, Palmyra, VA, 22963 | $687/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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11 S Bearwood Dr, Palmyra, VA, 22963 | $687/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Palmyra at 11 S Bearwood Dr, Palmyra, VA, 22963 priced at $365,000 pairs $2,868/mo rent with $687/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,868/mo, and annual cash flow comes to $8,239/yr on $120,998 invested. Return on cash invested is 26.72% in year one, and rental yield stands at 9.43% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 139.08% and total cumulative return in cash reaches $168,283. For financing, Ziffy Mortgage’s DSCR program evaluates $2,868/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2001

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming 3-bedroom, 2-bath home offers the perfect blend of modern updates and classic comfort. Step inside to find an inviting floor plan highlighted by new hardwood flooring in the main living areas and brand-new carpet in the bedrooms. The remodeled kitchen shines with new stainless steel appliances, updated cabinetry, and stylish finishes, making it the heart of the home. Both full bathrooms and the half bath have been renovated, offering a fresh, contemporary feel. Additional recent improvements include a new roof and a brand-new HVAC system, giving you peace of mind and energy efficiency for years to come. Relax by the fireplace (sold as is), enjoy morning coffee on the covered front porch, or entertain guests on the large back deck overlooking the spacious yard. A storage shed adds convenience and extra space for tools and outdoor gear. Located in Lake Monticello, residents enjoy access to beaches, boating, a swimming pool, golf course, tennis and pickleball courts, walking trails, clubhouses, and community events all within a gated, amenity-rich neighborhood. Dont miss this move-in-ready home that combines quality updates, functional design, and resort-style living in one of Central Virginias beautiful lake communities. Schedule your tour on showing time today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.

Housing Distribution

Housing Statistics

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