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 342 Turner Rd, Palmyra, VA, 22963 offers a 6.11% rental yield on a $599,000 purchase with $3,052/mo rent. 84% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 86.09% and total cumulative return in cash at $169,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,052/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10.38 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $599,000 |
| 2014-01-22 | Sold | $305,000 |
| 2013-09-24 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-23 | $3317.76 | N/A | $393,100 | 13.06% |
| 2022-04-23 | N/A | N/A | $347,700 | N/A |
| 2021-04-23 | N/A | N/A | $347,700 | N/A |
Listed by: Amy Smith • LAKE & COUNTRY REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #663542
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
