1209 Hollands Rd, Palmyra, VA, 22963 | $681/mo Cash Flow

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1209 Hollands Rd, Palmyra, VA, 22963 | $681/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

Investment property for sale in Palmyra at 1209 Hollands Rd, Palmyra, VA, 22963 listed at $250,000 pairs $2,176/mo rent with a $1,224/mo payment to leave $681/mo cash flow. Total monthly income runs $2,176/mo, and annual cash flow reaches $8,174/yr on $82,875 cash to close. Return on cash invested measures 29.77% in year one, and rental yield registers 10.44% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 155.51% and total cumulative return in cash totals $128,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,176/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1989

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Investor Special! This 3-bedroom home offers over 2,000 sq. ft. of living space and sits on 2 mostly wooded acres, providing privacy and a natural setting. Conveniently located just 22 minutes from Charlottesville and only 7 minutes from shopping and dining at Zions Crossroads. Home will not qualify for VA or FHA financing, but is a great opportunity for a 203K loan or cash buyer.

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