12 Whinchat Ln, Palmyra, VA, 22963 | 3.57% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12 Whinchat Ln, Palmyra, VA, 22963 | 3.57% Rental Yield | Ziffy

For Sale

Airbnb Potential

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 12 Whinchat Ln, Palmyra, VA, 22963 offers $2,824/mo rent that, after a $4,650/mo payment. Total monthly income is $2,824/mo. Return on cash invested measures 9.1% in year one, and rental yield stands at 3.57% at a $950,000 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,467 by year five. Five-year ROI records 44.55% and total cumulative return in cash reaches $139,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,824/mo property income versus a $4,650/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

NEW ON THE MARKET WONDERFUL WATERFRONT, outstanding main lake & sunset VIEWS from almost every room! This Lake Monticello home is fantastic for year round resort-style easy living or fun-filled weekend getaway. Fully Renovated in 2025, 4 bed 3 bath, NEW roof, NEW kitchen, NEW baths, NEW flooring, NEW lighting, NEW slider, Fresh paint inside and out. Open main level living, light-filled throughout, cathedral ceiling great room with beautiful exposed beams & hardwood floors. Enjoy waking knowing there's lake and nature just outside your door. Full length deck, two wood fireplaces, basement family room with 3rd bed & bath for separation. 4th bedroom on main level can flex as sunroom or home office. HIGHSPEED Xfinity Internet & Firefly fiber optic optional. Gentle walk to private dock for boating & swimming, rear terrace level utility workshop area is great for storing floaties and boating gear. Detached 2 car garage with new epoxy floor and unfinished bonus attic for potential studio or storage. Quiet neighborhood, close to amenities, gates, schools and shopping, only 20 minutes to Pantops in Charlottesville. This is the one for you! Open House Sat Oct 4 12-2pm.

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