Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 240 Stoneleigh Rd, Palmyra, VA, 22963 projects strong ROI of 0.9%. Rental yield 0.87%. With 5% annual appreciation, the property builds $1,077,498 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.52%, translating into $6,610 in total cumulative return on $1,263,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1995
123.19 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-06 | Listed for sale | $3,900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-28 | $5177.94 | N/A | $613,500 | 4.51% |
| 2022-08-28 | N/A | N/A | $587,000 | N/A |
| 2021-08-28 | N/A | N/A | $587,000 | -36.94% |
What's Special
None
Listed by: Frank Hardy • Frank Hardy Sotheby's Int'l
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2524094
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
