








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 3 Nutwood Cir, Palmyra, VA, 22963 with 5% annual appreciation on a $1,200,000 basis while $1,673/mo rent supports operations. 02% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 1.67%. Five-year ROI measures 12.03% and total cumulative return in cash totals $46,775. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,673/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
1.09 Acres lot
$N/A/sqft
$1,459 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-23 | $6185.68 | N/A | $732,900 | 8.51% |
| 2022-05-23 | N/A | N/A | $675,400 | N/A |
| 2021-05-23 | N/A | N/A | $675,400 | N/A |



Listed by: COLLEEN COLLINS • RAY CADDELL & CO. REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #664640