3404 Thomas Jefferson Pkwy, Palmyra, VA, 22963 | $178/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3404 Thomas Jefferson Pkwy, Palmyra, VA, 22963 | $178/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

Investment property for sale in Palmyra at 3404 Thomas Jefferson Pkwy, Palmyra, VA, 22963 offers a 7.78% rental yield on a $350,000 purchase with $2,270/mo rent. Total monthly income registers $2,270/mo, and a $1,713/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,134/yr on $116,025 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 112.43% and total cumulative return in cash at $130,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,270/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Quintessential country living w/ gorgeous mature trees canopying the yard & relaxing pastoral views! Charming brick ranch home. Features include: solid hardwood floors thru-out living room, dining rooms & bedrooms, solid wood cabinets w/ corian countertops, kitchen tile floors & a pass-thru to living room. Basement is currently Unfinished but used as a rec room & can easily be converted back to an apartment w/kitchen cabinets still in place, full bathroom & private entrance. Paved circular driveway for easy coming & going. chicken coop conveys. 12x22 carport & storage. Covered porch, brick walkway & mature landscape. Newer HVAC & roof. No HOA, No Water Bill, No Subdivision. Conveniently Located!

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