








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 Palmyra at 12 Albano Ct, Palmyra, VA, 22963 offers $2,589/mo rent that, after a $1,933/mo payment, leaves $106/mo cash flow. Total monthly income is $2,589/mo, and annual cash flow is $1,273/yr on $130,943 cash. Return on cash invested measures 20.88% in year one, and rental yield stands at 7.87% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 108.21% and total cumulative return in cash reaches $141,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,589/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
N/A lot
$N/A/sqft
$122 monthly 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $2178.36 | N/A | $258,100 | 17.42% |
| 2022-04-23 | N/A | N/A | $219,800 | N/A |
| 2021-04-23 | N/A | N/A | $219,800 | N/A |



Listed by: Justin Brantley • Keller Williams Realty Twn Ctr
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10579623
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