2276 Shiloh Church Rd, Palmyra, VA, 22963 | $99/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2276 Shiloh Church Rd, Palmyra, VA, 22963 | $99/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

Rental property for sale in Palmyra at 2276 Shiloh Church Rd, Palmyra, VA, 22963 generates $2,664/mo in rent and, after a $2,100/mo payment, leaves $99/mo in cash flow. Total monthly income is $2,664/mo, and annual cash flow is $1,191/yr on $142,214 invested. Return on cash invested sits at 20.75% in year one, and rental yield is 7.45% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 107.08% and total cumulative return in cash sums $152,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,664/mo property income rather than buyer’s personal income.

Single Family

Built in 2008

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful County Property located 3 mins off Rt 15 and 10 mins to Zions Xroads, ready for new owners. This home has been meticulously maintained to include a new roof, new HVAC system, new LVT flooring, encapsulated crawl space, new fencing and recently updated kitchen. Offering a huge great room with 9ceilings, open to a large dining area and gourmet kitchen with granite countertops and stainless appliances. There is a large primary suite to include a 4 piece attached primary bath and 2 additional bedrooms and a full bath. There is a separate mud/laundry room that provides access to the large rear deck overlooking the large back yard. The entire property is fenced with multiple access gates allowing for numerous options. Perfect for a small family farm, home business, extensive recreational areas or whatever you are looking for, the possibilities are endless. Zoned A-1 allows for small farm animals and enough grazing for a couple larger ones.

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