17 Hatchechubee RdPalmyraVA22963
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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
Investment Highlights
Investment property for sale in Palmyra at 17 Hatchechubee Rd, Palmyra, VA, 22963 listed at $332,000 pairs $2,363/mo rent with a $1,625/mo payment to leave $273/mo cash flow. Total monthly income runs $2,363/mo, and annual cash flow reaches $3,270/yr on $110,058 cash to close. Return on cash invested measures 22.88% in year one, and rental yield registers 8.54% at a $332,000 basis. Equity gained on principal adds $2,142/yr, and annual property appreciation at 5% supports $91,725 by year five. Five-year ROI tracks 118.94% and total cumulative return in cash totals $130,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $1,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.34 Acres lot
$N/A/sqft
$1,270 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
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Listed by: Sandra Morris • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #658219
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.