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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palmyra at 36 Jefferson Dr, Palmyra, VA, 22963 priced at $497,500 pairs $3,786/mo rent with $709/mo cash flow after a $2,435/mo payment. Total monthly income equals $3,786/mo, and annual cash flow comes to $8,506/yr on $164,921 invested. Return on cash invested is 25.07% in year one, and rental yield stands at 9.13% on a $497,500 basis. Equity gained on principal adds $3,210/yr, and 5% annual appreciation accumulates to $137,450 by year five. Five-year ROI measures 130.5% and total cumulative return in cash reaches $215,223. For financing, Ziffy Mortgage’s DSCR program evaluates $3,786/mo property income against a $2,435/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.35 Acres lot
$N/A/sqft
$1,238 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $497,500 |
| 2025-04-16 | Listing removed | $487,500 |
| 2025-03-28 | Pending sale | $487,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $3917.00 | N/A | $464,100 | 14.90% |
| 2022-04-24 | N/A | N/A | $403,900 | N/A |
| 2021-04-24 | N/A | N/A | $403,900 | N/A |
Listed by: David Coy • RED CEDAR REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #659106
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.
