








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Palmyra at 170 Jefferson Dr, Palmyra, VA, 22963 earns $496/mo cash flow from $3,288/mo rent with a $2,198/mo payment. Total monthly income totals $3,288/mo, and annual cash flow totals $5,956/yr on $148,844 capital. ROI tracks 23.91% on current figures, and rental yield reads 8.79% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 124.35% and total cumulative return in cash sums $185,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,288/mo property income instead of your personal income.
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
$1,287 annually 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $449,000 |
| 2022-06-17 | Sold | $310,000 |
| 2022-05-14 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-14 | $2509.21 | N/A | $297,300 | 22.65% |
| 2022-03-14 | N/A | N/A | $242,400 | N/A |
| 2021-03-14 | N/A | N/A | $242,400 | N/A |



Listed by: The Gunnels Group • LONG & FOSTER - LAKE MONTICELLO
Mls Name: CAAR
Mls Provider:
Mls ID: #661867
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.