172 Palmer Farm LnTroyVA22974
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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 Troy at 172 Palmer Farm Ln, Troy, VA, 22974 offers a 7.71% rental yield on a $465,000 purchase with $2,986/mo rent. Total monthly income registers $2,986/mo, and a $2,276/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,475/yr on $154,148 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 111.2% and total cumulative return in cash at $171,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,986/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22974, Troy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,603 (81.2%) |
| Renter Occupied HU | 287 (14.5%) |
| Vacant Housing Units | 83 ( 4.2%) |
| Median Home Value | $394,898 |
| Average Home Value | $460,078 |
Housing Distribution
Address Breakdown
Residential
1,828
Single Family
1,828
Multi-Family
0
Businesses
161
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